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Welcome to my current events blog. Here I will be talking about current events happening around the world!

Tuesday, September 14, 2010

Obama attacks Republicans as mid-term elections approach

Recap:

This article was about how Obama is saying that the Republicans care more about politics then there countries financial state.  He states that the majority of republicans have disagreed with all of his proposals since he has entered office. Also as many people know the Bush era tax cuts come to an end at the end 2010 and this article also talks about how Obama would like these tax cuts to end as they would cost the American government 700 billion over the next decade. The article also discusses John Beohner and how he stated two weeks ago in a press conference in Ohio that Obama was "job killing" president. Obama who was also in Ohio referenced him many times in his speech. Obama believes that they shouldn't cut taxes because the government can't afford to lose 700 billion. Also he believes that the upper class(families who make more 250 000 $ per year) should not have tax breaks because they should be the people investing in the economy.

Opinion:
I think that Obama is right in the fact that the republicans should vote for bills that help the economy and the country and they shouldn't only care about politics. I also truly believe that the tax cuts should stay in place. Yes, the middle and upper class drive the economy but also they work harder. Obama stated a few times in his speech that they didn’t want to end the tax cuts to pick on the upper class but because these people should be investing in the economy. I agree with that but I also think they should only invest on their own will. Ending the tax cuts makes it seem like we're forcing the upper class to invest and I agree with this fact.

Me and Jake discussed what was above and we basically agreed on all of our opinions. We thought this was an interesting article because of the different views from politicians but also because it will be an intriguing debate whether Obama will raise taxes or will he keep the tax breaks. Also it is exciting to see who will win the midterm.

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