Monday, July 11, 2011

No Deals for our Economy

The article “ObamaTakes Centrist Banner in Impasse over Deficit,” written by Jackie Calmes, published July 11, in The New York Times. The author contends that President Obama has not made any progress in his attempts to avoid a default on our nation’s debt. However, Obama is not willing to sign off on a short-term solution. The president has a great incentive to do almost anything to prevent a collapse in our nation. “He said that he was willing to take the heat from his own party to move beyond entrenched ideological positions and that Republicans should do the same” (The New York Times). Obama has brought to the table three options, one of them Obama opposes himself; however, none of these offers seems to suit the GOP. He has also called on the Democrats to compromise, but the Democrats are concerned of the impact some of these negotiations would make on some of the entitlement programs, such as Social Security. Obama has also asked for tax increase for incomes higher than $250, 000 including him, but Republicans are holding their stance, opposing the idea to raise the taxes, suggesting that Obama is performing.



In my opinion, I believe the author is saying that Obama is bending over backwards to come to an agreement on a solution, and that both parties will have to bring something to the table. I certainly agree with the author because both parties will have to give in a little so that they all can move toward a solution, and get to go home as well. The benefits and consequences of balancing the budget land on the shoulders of the elected lawmakers, and Obama. They are the officers that the citizens of the United States elected to run our country.



The next statement is strictly my opinion, whatever cuts in our budget need to happen, should not be on the backs of our elderly and our children. I feel that if there is a will there is a way; however there seems to be no will or want to on the Republicans part.

 


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