Hello guys, I just wanted to post this article from FoxNews.com. http://www.foxnews.com/politics/2010/09/16/congress-poised-hit-campaign-trail-finishing-basic-budget-duties/. The headline reads, “Congress Poised to Hit Campaign Trail Before Finishing Basic Budget Duties.” I think this article is good because it talks about how are government money is being spent and the forecast for the economy. This information affects all American citizens. I think reading an article like this is a great way to gain useful knowledge and become better informed. I just wanted to provide you with a quick summary of the main highlights of the article. I found out that the poverty rate is at 14% which is the highest it has been in over 10 years. Home foreclosures last month were 25% higher than a year ago.. Congress is stalling on budget talk because of their upcoming November election and is more like to keep the current spending amount. House Minority Leader John Boehner, R-Ohio, feels that the president and his team don’t understand what they are doing. Boehner said that excessive government spending and struggling small businesses is hurting the opportunity to create jobs. Obama’s solution is just to keep spending. Even senators like Ben Cardin, who supported Obama’s $814 billion dollar stimulus package last year, does not agree with more spending now. "We can't use (stimulus spending) always," Cardin said. He continued on by saying, "Now the deficit is a drag on our economy and that is part of the equation as we develop the next round of fiscal policies." Whatever your political ideals are, good money management just makes sense. In my opinion, most Americans got into debt trying to live the American dream, credit card maxed out. Maybe Obama should meet with finance whiz, Suze Orman. She would probably tell him, “If you don’t have it, don’t spend it.” I agree .....:)
 |
| (I thought this was funny.Kids are hilarious.) |
Hello guys, I just wanted to post this article from FoxNews.com. http://www.foxnews.com/politics/2010/09/16/congress-poised-hit-campaign-trail-finishing-basic-budget-duties/. The headline reads, “Congress Poised to Hit Campaign Trail Before Finishing Basic Budget Duties.” I think this article is good because it talks about how are government money is being spent and the forecast for the economy. This information affects all American citizens. I think reading an article like this is a great way to gain useful knowledge and become better informed. I just wanted to provide you with a quick summary of the main highlights of the article. I found out that the poverty rate is at 14% which is the highest it has been in over 10 years. Home foreclosures last month were 25% higher than a year ago.. Congress is stalling on budget talk because of their upcoming November election and is more like to keep the current spending amount. House Minority Leader John Boehner, R-Ohio, feels that the president and his team don’t understand what they are doing. Boehner said that excessive government spending and struggling small businesses is hurting the opportunity to create jobs. Obama’s solution is just to keep spending. Even senators like Ben Cardin, who supported Obama’s $814 billion dollar stimulus package last year, does not agree with more spending now. "We can't use (stimulus spending) always," Cardin said. He continued on by saying, "Now the deficit is a drag on our economy and that is part of the equation as we develop the next round of fiscal policies." Whatever your political ideals are, good money management just makes sense. In my opinion, most Americans got into debt trying to live the American dream, credit card maxed out. Maybe Obama should meet with finance whiz, Suze Orman. She would probably tell him, “If you don’t have it, don’t spend it.” I agree .....:)
No comments:
Post a Comment