Completive Rates or Financial Debt

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Many people feel when an elected President comes into office everyone has high hopes and dreams for a better future. The American people are depending upon a leader to guide them out of a recession. However, when Barrack Obama stepped into office with an idea strategy to rejuvenate the economy. President Barrack Obama expressed that broadband adoption was one of many factors in enhancing the economy or on the contrary, a competition with other countries. In order to understand what really matters, is our nation’s debt to foreign countries should be the main focus?

My opposition argues the point of what should be the priority focus for our nation. According to Sam Diaz, author of “Obama: “It is unacceptable that the United States ranks 15th in the world in broadband adoption” published in ZDNet, “Washington establishes a National Broadband Strategy for 2009. It was also just days ago that the government declared that the United States has been in a recession since December 2007.” Although, the Broadband adoption would be a growing factor for our nation’s access to higher levels of education and an increase in jobs for the American people. On the other hand, having a nation that can survive on its own without having to borrow money for funding seems coherent.

It appears that President Obama views the lack of falling behind other countries or the expression, “keeping up with the Jones” is a priority. According Steve Hurst, “Obama wants to use proposals, in conjunction with spending cuts, to shift money to spending on education, infrastructure, science and research that he says is needed to boost U.S. competiveness.” In sum, realistically can the United States afford to compete with other countries? Honestly, can the United States w...

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...nt Barrack Obama should correct our financial burden instead climaxing the U.S. deeper into debt instead resorting to drastic measures of racing to the top of the charts for competitive rates. America’s economics crisis is in the president’s hands.

Works Cited

Cashell, Brian. The Federal Government Debt: Its Size and Economics Significance. Washington, DC: Congressional Research Service, 2010. Internet resource.

Diaz, Sam. “Obama: “It is unacceptable that the United States ranks 15th in the world in broadband adoption.” ZDNet. 6 December 2008. Print.Rpt. in Argument! American in the Age of Obama. Eds. Erica Messenger, et.al. 1st edition. New York: McGraw-Hill,

Hurst, Steve R. Associated, Press. “Obama bracing for record 1.65T deficit and budget battle U.S. federal deficit balloons.” Toronto Star (Canada) n.d.: Newspaper Source. EBSCO. Web. 20 April 2011.

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