Folks, I'm a political junkie! Seriously, I follow politics and read as many news sources as possible (except the propaganda from FOX - just can bear to watch the uninformed). Now that my preamble is done, I have just one question. Why is there a backlash against Obama? Oh, because of the deficit and spending? Really? Is that it? Does anyone read the facts about spending? Do we remember our history, and yes that is important? Help me out here...
TAX POLICY:
Think about it this way... If you think the conservative movement will save you, think again! Obama is actually trying to raise some taxes to get us prepared for the longer term. Sure, I don't want to pay more taxes, but I always remember Bill Gates' fathers article about responsibility in taxes: “Poor people and middle-income people are paying too much to support the state and rich people aren’t paying enough,” Gates Sr. said in an interview yesterday in Seattle. “That’s the starting point for me.” To me that's being a person of good will and uniquely American!
Passing stimulus, generating jobs. On February 17, 2009, Obama signed the $787 billion stimulus bill into law. In December 2009, the nonpartisan Congressional Budget Office issued a report estimating that "in the third quarter of calendar year 2009, an additional 600,000 to 1.6 million people were employed in the United States" due to that legislation. According to the White House Council of Economic Advisers, CBO has increased its estimate to 800,000 to 2.4 million additional employed through the fourth quarter of that year. Moreover, a November 20, 2009, New York Times article reported that the "consensus" among "dispassionate analysts" is that "the stimulus package, messy as it is, is working," citing nonpartisan analyses of gross domestic product and total employment figures by several companies specializing in economic forecasting. Further, a January 25 USA Today article stated that, according to its "quarterly survey of 50 economists," "[u]nemployment would have hit 10.8% -- higher than December's 10% rate -- without Obama's $787 billion stimulus program," adding, "The difference would translate into another 1.2 million lost jobs."
Eliminating wasteful spending. Obama was able to achieve some significant cuts to wasteful spending -- most notably, the elimination of the F-22 fighter jet program after he successfully lobbied the Senate to vote to strip out financing for more jets from a defense funding authorization bill. The Washington Times reported on January 14 that Obama won "60 percent of his proposed cuts" and also managed "to get Congress to ax several programs that had bedeviled President George W. Bush for years."
Sotomayor nomination. On May 26, 2009, Obama nominated Sonia Sotomayor to the Supreme Court to replace the retiring Justice David Souter. She was confirmed by the Senate on August 6, 2009, and sworn in August 8, making her the first Hispanic justice, and only the third woman, on the court.
Lilly Ledbetter Fair Pay Act. The first bill President Obama signed into law, on January 29, 2009, was the Lilly Ledbetter Fair Pay Act, which expands the rights of workers to sue employers over wage discrimination claims.
SCHIP expansion. On February 5, 2009, Obama signed a bill expanding the State Children's Health Insurance Program (SCHIP) to cover 4 million more lower-income children.
Public lands bill. On March 30, Obama signed an omnibus public lands bill, which The New York Times reported "allows for 2 million more acres to be declared wilderness... [with] more than 1,000 miles designated as scenic rivers, and adds land for national trails."
Credit card reform. On May 21, 2009, Obama signed into law a bill providing what USA Today called the "most sweeping changes to the credit card industry in 40 years," adding restrictions on interest rate increases and fees and restricting the marketing of credit cards to college students.
Transparency. The Washington Post reported that moves by the Obama administration to improve government transparency "included a ban on lobbyist gifts; restrictions on the hiring of lobbyists; publication of White House visitor logs and other records; and a move to bar lobbyists from serving on advisory boards." A report by Common Cause, Democracy 21, the League of Women Voters, and U.S. PIRG stated that: "The cumulative effect of the Administration's actions has been to adopt the strongest and most comprehensive lobbying, ethics and transparency rules and policies ever established by an Administration to govern its own activities."
Tobacco regulation. On June 22, 2009, Obama signed the Family Smoking Prevention and Tobacco Control Act, which, for the first time, gave the U.S. Food & Drug Administration the authority to regulate the manufacturing, marketing, and sale of tobacco.
National service. On April 21, 2009, Obama signed the Edward M. Kennedy Serve America Act, which expands the scope of AmeriCorps and provides opportunities for young people and senior citizens to join in service programs.
Stem cell research. On May 9, 2009, Obama signed an executive order easing restrictions on the use of federal money for embryonic stem cell research.
One of my friends, who is semi-conservative, but says he's not explained it the best to me: Walker, I hate both parties, but the fact is you have to look at the philosophy. Do you want more government control or private-sector control? To be perfectly honest with you, a balance is great, but is that really possible? I'm not sure, but when I talk to my friends from Europe and Australia they tell me about their quality of life and infrastructure and how great it is. Not one person has ever said it is horrible and I say the same thing to them. Not sure what the answer is here, but considering the latest economic crashes and health care systems before Obama, I'm leaning left here (and I'm a registered Republican).
TAX POLICY:
Think about it this way... If you think the conservative movement will save you, think again! Obama is actually trying to raise some taxes to get us prepared for the longer term. Sure, I don't want to pay more taxes, but I always remember Bill Gates' fathers article about responsibility in taxes: “Poor people and middle-income people are paying too much to support the state and rich people aren’t paying enough,” Gates Sr. said in an interview yesterday in Seattle. “That’s the starting point for me.” To me that's being a person of good will and uniquely American!
Francis Fukuyama summarized these concepts: "Prior to the 1980s, conservatives were fiscally conservative— that is, they were unwilling to spend more than they took in in taxes. But Reaganomics introduced the idea that virtually any tax cut would so stimulate growth that the government would end up taking in more revenue in the end (the so-called Laffer curve). In fact, the traditional view was correct: if you cut taxes without cutting spending, you end up with a damaging deficit. Thus the Reagan tax cuts of the 1980s produced a big deficit; the Clinton tax increases of the 1990s produced a surplus; and the Bush tax cuts of the early 21st century produced an even larger deficit. The fact that the American economy grew just as fast in the Clinton years as in the Reagan ones somehow didn't shake the conservative faith in tax cuts as the surefire key to growth."ACCOMPLISHMENTS:
Passing stimulus, generating jobs. On February 17, 2009, Obama signed the $787 billion stimulus bill into law. In December 2009, the nonpartisan Congressional Budget Office issued a report estimating that "in the third quarter of calendar year 2009, an additional 600,000 to 1.6 million people were employed in the United States" due to that legislation. According to the White House Council of Economic Advisers, CBO has increased its estimate to 800,000 to 2.4 million additional employed through the fourth quarter of that year. Moreover, a November 20, 2009, New York Times article reported that the "consensus" among "dispassionate analysts" is that "the stimulus package, messy as it is, is working," citing nonpartisan analyses of gross domestic product and total employment figures by several companies specializing in economic forecasting. Further, a January 25 USA Today article stated that, according to its "quarterly survey of 50 economists," "[u]nemployment would have hit 10.8% -- higher than December's 10% rate -- without Obama's $787 billion stimulus program," adding, "The difference would translate into another 1.2 million lost jobs."
Eliminating wasteful spending. Obama was able to achieve some significant cuts to wasteful spending -- most notably, the elimination of the F-22 fighter jet program after he successfully lobbied the Senate to vote to strip out financing for more jets from a defense funding authorization bill. The Washington Times reported on January 14 that Obama won "60 percent of his proposed cuts" and also managed "to get Congress to ax several programs that had bedeviled President George W. Bush for years."
Sotomayor nomination. On May 26, 2009, Obama nominated Sonia Sotomayor to the Supreme Court to replace the retiring Justice David Souter. She was confirmed by the Senate on August 6, 2009, and sworn in August 8, making her the first Hispanic justice, and only the third woman, on the court.
Lilly Ledbetter Fair Pay Act. The first bill President Obama signed into law, on January 29, 2009, was the Lilly Ledbetter Fair Pay Act, which expands the rights of workers to sue employers over wage discrimination claims.
SCHIP expansion. On February 5, 2009, Obama signed a bill expanding the State Children's Health Insurance Program (SCHIP) to cover 4 million more lower-income children.
Public lands bill. On March 30, Obama signed an omnibus public lands bill, which The New York Times reported "allows for 2 million more acres to be declared wilderness... [with] more than 1,000 miles designated as scenic rivers, and adds land for national trails."
Credit card reform. On May 21, 2009, Obama signed into law a bill providing what USA Today called the "most sweeping changes to the credit card industry in 40 years," adding restrictions on interest rate increases and fees and restricting the marketing of credit cards to college students.
Transparency. The Washington Post reported that moves by the Obama administration to improve government transparency "included a ban on lobbyist gifts; restrictions on the hiring of lobbyists; publication of White House visitor logs and other records; and a move to bar lobbyists from serving on advisory boards." A report by Common Cause, Democracy 21, the League of Women Voters, and U.S. PIRG stated that: "The cumulative effect of the Administration's actions has been to adopt the strongest and most comprehensive lobbying, ethics and transparency rules and policies ever established by an Administration to govern its own activities."
Tobacco regulation. On June 22, 2009, Obama signed the Family Smoking Prevention and Tobacco Control Act, which, for the first time, gave the U.S. Food & Drug Administration the authority to regulate the manufacturing, marketing, and sale of tobacco.
National service. On April 21, 2009, Obama signed the Edward M. Kennedy Serve America Act, which expands the scope of AmeriCorps and provides opportunities for young people and senior citizens to join in service programs.
Stem cell research. On May 9, 2009, Obama signed an executive order easing restrictions on the use of federal money for embryonic stem cell research.
One of my friends, who is semi-conservative, but says he's not explained it the best to me: Walker, I hate both parties, but the fact is you have to look at the philosophy. Do you want more government control or private-sector control? To be perfectly honest with you, a balance is great, but is that really possible? I'm not sure, but when I talk to my friends from Europe and Australia they tell me about their quality of life and infrastructure and how great it is. Not one person has ever said it is horrible and I say the same thing to them. Not sure what the answer is here, but considering the latest economic crashes and health care systems before Obama, I'm leaning left here (and I'm a registered Republican).
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