Sunday, January 29, 2012

State of the Union 2012

I set aside time this afternoon to watch President Obama's State of the Union Address having been unable to watch it live. There were a lot of ideas that I thought were genuinely great, however I don't believe them to be fiscally responsible at this time in the country.

I would consider myself leaning right on the political spectrum. When the Obama bandwagon started up in 2008, with the majority of my high school jumping on-board, I was able to resist. Yes, Obama's policies helped prevent the country from sliding further into recession, but at what cost? Yes, starting up new agencies and providing healthcare for all citizens sounds great and efficient, but is it fiscally responsible? 

The points of his speech that resonated most with me are:
  1. Offering tax breaks for multinational companies, even bigger tax breaks for high tech companies, and tax breaks for those located in economically hard it areas.
  2. Greater support of US's domestic energy solutions.
  3. Creating a task force to monitor trade violations.
  4. Increase in border protection.
  5. I agree with the implementation of "Baffett's law" (30% tax rate for those making over 1 million dollars).
  6. Maintain a strong military budget, while significantly cutting spending, in order to allocate the money in infrastructure, ect..

    What I questioned:

    1. Continue pressure on Iran's nuclear missile program sounds great, but the State of the Union Address gives the President a global stage in which he could of reprimanded the country for continued defiance to the global community and support of terrorism.
    2. Forcing Americans to graduate high school is not the responsibility of the government, no moral and logical repercussion possible for individuals who refuse.
    3. Where is all the money coming from?! Taxing the rich more will help, however other than cutting business restrictions the President's plan will more so raise short-term debt to dangerous heights.

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