Is The US Headed Towards A Financial Disaster?
When U.S. President Barak Obama was reelected for a second term many conservatives were extremely disappointed and some were absolutely terrified. The sad part about that is there was no need for such extremism, as this President has proven throughout his tenure that he is very “middle of the road”, and doesn’t lean heavily in one direction or the other. It is unfortunate that those who have the public ear choose to rely on partisan politics rather than teaching people how to deal with disappointment intelligently, and how to change the political system by voting.
One major concern with his being re-elected is that the U.S. economy would plummet and while it hasn’t bounced back as much as some would like, it is chugging along and jobs are being created. Reversing the direction of a recession is not easy but with the help of his financial advisor President Obama was able to turn the recession around in 2009 and begin the slow climb out of a financial canyon. In 2010 tax cuts were adopted and in some cases extended, allowing businesses to invest in capital improvements, research and development. One must also keep in mind that the United States is spending more on its military than ever before. The budget for the United States military for fiscal year 2015 is 756.4 billion dollars, only slightly behind social security in terms of dollars spent. Americans spend more on its military than any other nation in the world by far.
While the policies of the current President may be of concern to some, there is nothing that he could do of any consequence without the approval of Congress. That is another thing that the fear mongers tend to neglect when casting out their fear net. America’s founding fathers set up their government with a set of checks and balances, and one President will never again serve more than two terms of office. The “keys” to the White House are handed over peacefully when the people have decided who should be residing there; it has been happening for over 200 years and will continue to do so.
Americans would do well to remember and speak aloud the preamble to the Constitution; “We the People of the United States, in order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defense, promote the general Welfare, and secure the Blessings of Liberty, to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.” The preamble spells it out; remain united, keep your country safe, and keep your people fed.
For those who feel frustrated by the current U.S. Presidents policies take heart; another election year is right around the corner and the keys are once again getting ready to exchange hands. For those who come out the winners, try to be sympathetic to the opposing side. No one likes to feel like their candidate lost, especially when hard work and long hours are involved in campaigning. American can be a great country when her people all work together.