Mitt Romney and Barack Obama are two presidential candidates who both differ greatly on their economic stances on several issues such as military, foreign policy, healthcare, and the nation’s budget and taxes. Each presidential candidate has their own reasoning and beliefs for why their economic policy is correct and why theirs is going to benefit our great nation’s economy the best. Even though Barack Obama won the 2012 presidential election, there are still many who believe his economic plan is not to our nations benefit, with Romney’s potentially being better. Each party has their own argument for their fiscal policy and to defend it to the tooth, there are many major issues in our country that need refining and fixing, that both these men believe they can improve greatly.
Mitt Romney has a very straightforward and efficient economic platform that covers all the points and issues in our country. The first issue to be covered is his official view on the United States military policy. Romney deems it necessary that our military continues to police the world and help the world economy. He believes that our powerful military can help the world economy and the global market tremendously. He believes that military cuts are not the right idea and that the United States should actually increase military spending, expanding our military as a whole. He sees potential military threats around the world such as the turmoil of the Middle East, to the corrupt North Koreans and dangerously insolent Russians. He believes that we need to neutralize these threats sooner rather than later, as they could become too problematic to possibly contain and end up putting millions of people’s lives at risk. Romney desires to increase our military by at least 100,000 troops (Roisman, Jonathon). He wants at least four percent of spending of the United States Gross Domestic Product committed to the military alone. The United States spent 711 billion dollars on solely the military in 2011 (which is greater than the combined spending on military in next 13 countries in the world) and wants to even increase that even more so (Roisman, Jonathon). He believes that the military is our nation’s backbone and should not be taken lightly. Romney thinks that the United States Navy is also too small and wants to increase the number of ships in it from 284 ships to 328 ships, reaching its full potential of a world power and the dominating presence of our military on the world.
In regards to talking with him, he believes that the U.S. should not end overseas military operations. He says, “We have been sending our troops overseas for war and to defend our country for years and years, and have sacrificed our lives to make sure Americans get the freedom and safety that they deserve, so why end this now? Why end overseas military operations, when there have been so many citizens dying for our freedom? They would have died for nothing if we ended this now.” The U.S. has prevented so many wars from taking place due to these operations.
The U.S. president is a person deemed to be the most fitting person to lead this country through thick and thin. It’s been such a successful method that it has led to 43 individual men being put in charge of running this country. However, this doesn’t mean that each one has been good or hasn’t had an issue they couldn’t resolve when in office. But no matter what, each one has left a very unique imprint on the history and evolution of this nation. However when two are compared against one another, some rather surprising similarities may be found. Even better, is what happens when two presidents are compared and they are from the same political party but separated by a large numbers of years between them. In doing this, not only do we see the difference between the two but the interesting evolution of political idea in one party.
President Barack Obama signed The American Recovery and Reinvestment Act on February 17th, 2009 into law. This Act was an effort to jump-start the economy, and also to save and create millions of jobs in America. Obama selected Vice President Joe Biden to over look the application of the Act, while working with cabinet members, the nations governors, and mayors to make sure the implementation of the Recovery Act are not abrupt, but as efficient and effective as Obama intended. The Recovery Act called for $825 Billion which changed as it moved through Congress. However, in doing this it stirred up a lot of commotion with the Republicans within Congress, who favored a different approach to the economic dilemma. The Recovery Act is essentially an expansionary fiscal policy, in that it wants to increase government spending while decreasing taxes. The Act included $550 Billion to be spent within the first two years of it being implemented, much more than the government spends annually on programs. Which is not including defense and benefit programs such as Medicare and Social Security. Most of the $275 Billion in tax cuts would be going to the middle-income families in the form of $1,000 tax cuts, while businesses and other tax cuts would make up the rest. About $318 Billion would go to states and local governments facing the possibility of layoffs and/or tax increases. Another $102 Billion would be used to help victims of the recession with unemployment insurance, health care, food stamps and job training, jobless aid would also be increased by an extra $25 a week. As we can see the evidence is clear and growing by the day, the Recovery Act is working to soften the greatest economic downfall since the Great Depression and is laying ...
Rick Santorum’s departure heralded the beginning of the general election. Mitt Romney, with the backing of the Republican establishment, and the growing support of the base, can now devote his resources for a one on one showdown against President Barack Obama. Recent polls indicate that he is behind by only a few points in a head to head match-up against the President. High employment rate, skyrocketing gas prices, ballooning national debt, and an exhausting war in Afghanistan created animosity against the President’s administration. Therefore, the President must decisively address these issues in the months ahead to ensure reelection. He must pull the jobless rate below 8%, and lower the price of fuel. The President must not prolong the war in Afghanistan and must not escalate tension with Iran. In essence, a President seeking reelection will need to embody Niccolo Machiavelli’s acumen and Desiderius Erasmus’ deferential image. Now, I will outline what the President must do to handily beat Romney.
To hold up his claim of such a policy, he uses three supports during the speech. The first support is that “if we do not defeat these enemies now, we will leave our children to face a Middle East overrun by terrorist states and radical dictators armed with nuclear weapons.” To back up such an idea, he uses two backings. The first backing is “if we pull out. they (the terrorists) will not leave us alone”.
Goren, Paul. "The Two-Party System." Lecture, POL 4737W, Blegen Hall 425, Minneapolis, January 28, 2010.
President Obama’s State of the Union Address and Governor Christie’s State of the State Address appear to compare and contrast to each other. The two speeches are similar in their rhetoric as during the introduction, both of them appealed to the people of their individual, separate governments. The two speeches were similar in specific topics that were covered by Obama and Christie. Obama and Christie highlighted the issues of education, job training, health care, job growth, the economy, and infrastructure investment. The two speeches not only outlined the successes and failures of the specific administration, but Obama and Christie also drew attention to specific individuals, whom were watching the address, for their part in the administration. Regardless, In both speeches, each speaker has stated that they plan to come back to their individual governments with acts, and bills, in the future to help plan a better tomorrow. Last of all, the two speeches were similar in their ways of drawing an applause from the audience. Obama and Christie both heaped praise upon the accomplis...
President Obama, in his 2013 State of the Union Address, describes how the issues in education, job creation, new technologies, and environmentalism are crucial in the growth and development of our economy. His purpose is to urge members of Congress and Americans to help reform our government to ensure that those who work hard are able to succeed. Speaking with an authoritative voice, he persuades his audience that although things are going better than before, changes still need to be made to continue to improve the American way of life.
In today’s economy, fiscal policy plays a vital role in influencing the financial direction and economic goals of the United States. Furthermore, government spending and taxation are two main economic activities that influence a nation’s economy and are generally referred to as the fiscal policy. Not only does the fiscal policy help determine a nation’s budget, but it also determines how much resources need to be allocated to help achieve their economic goal. Therefore, the fiscal policy has many functions and consists of allocating, distributing, stabilizing and developing the nation’s economy.
Economics is the study of currency and how it is made and distributed through our economy. Taxation is one of those main issues in this category. The Democrats and Republicans both consider taxation a major issue but both have different ways they are trying to deal with the problem. The Democrats believe that extending tax cuts to the middle class families of America that make less than 250,000$ a year while raising taxes on the extremely wealthy and huge corporations to help parents pay for college (“Democrats Unveil”). While the Republican Party says it would “try to eliminate taxes on interest, dividends and capital gains altogether for lower and middle-income taxpayers also would work to repeal the estate tax and the alternative minimum tax” (“Democrats Unveil”). They both want to change the tax policy to try to help pay off our debt and or help Americans to live an easier life. Another Key issue in this category is Medicare. Both parties believe that the Medicare policy should be changed. "Democrats adamantly oppose any efforts to privatize or voucherize Medicare" when the Republicans pledge...
Yglesias, M. (2013). Ten Good Economic Policy Ideas From the GOP Platform. In Moneybox A Blog About Business and Economics. Retrieved December 17, 2013, from
Guell, Robert C. "9 Fiscal Policy." Issues in Economics Today. New York, NY: McGraw-Hill/Irwin, 2010. N. pag. Print.
We may not have come from the same place, but we all want to move in the same direction. Barack Obama’s speech “A More Perfect Union” (Nov. 17, 2008) captivates our nation with its thought out structure of the division and inequality in America. Obama successfully used allusion and repetition. Along with personal anecdotes to identify with the audience.
The Frontline documentary, Obama’s Deal, tracks the course of Obama’s healthcare reform and the steps taken by the administration to get the bill passed. Healthcare was, and remains, one of the biggest platforms of the Obama administration and one of our nation’s greatest challenges. The film starts with Obama’s election into the White House in 2009. Rahm Emanuel, who had worked for the Clinton administration, was brought in to advise Obama on the reform. To win, Emanuel knew that Obama would have to move quickly as his campaign would be strongest at the beginning. But his crucial flaw was having Obama take a back seat on his own political agenda. Emanuel tried to change his mistakes from the Clinton administration’s healthcare failure, and
This speech is the Presidential debate which took place in New York in the University of Hofstra on September 26th 2016. In this speech I will be analyzing Hilary Clinton.