The Bureau of Public Debt at the Treasury Department shows the National Debt was $10.6 trillion on President Bush's last day in office. This debt was largely created by the Bush-era tax cuts, war spending in Iraq and Afghanistan, and recessions.
I find it interesting that it took former President George Bush 8 years of tax breaks for the rich and trillions spent on unfunded wars to get us into this mess, but yet they expect President Obama to turn things around in less than one term.
The fact that the President is creating jobs is an incredible accomplishment in spite of the Republicans who have vowed to make sure he’s a one term president and have refused to work with him at every turn. Under President Obama’s leadership the economy has added 4.4 million jobs over the last 28 months. Obama created more jobs in three years than the Bush administration did in eight years. Now Romney wants to keep the tax break for the rich and cut more programs that help the working people.
Obama’s 28 months of jobs creation is moving in the right direction but the president is not "satisfied" and wants to make sure middle-class families have a stronger sense of security for the future. I can’t see how giving tax breaks to the rich in hopes that there will be some trickle down benefit to the middle class is going to work. We have tried that and it didn’t work!
Now, the big question is why would anyone who is a working class person vote for someone like Romney whose main mission will be to give more tax breaks to those companies already reporting record breaking profits and more tax breaks for the rich. Think about it. In Romney‘s past job at Bain Capital, his main focus was creating more profits for himself and his investors. He wasn’t worried about the families or the community that would be impacted by his actions when he exported jobs overseas. So the question is why we would vote for someone who would ships jobs overseas and gives big tax breaks for the rich.
President Obama understands how important it is to keep our jobs here and has put forward proposals to strengthen the middle class and encourage American companies to create good jobs here at home. I find it hard to believe that any working class person would even consider going back to the same failed policies that got us into to this mess in the first place. The choice is simple: Do we help the working class by voting for Obama or do we vote for Romney so that he can take care of big companies and the rich?
President Obama said "I know we've got to grow the economy even faster, and putting even more people back to work is top priority ," He went on to say “Republicans are peddling a philosophy that didn’t work; they want less regulation and trickle-down wealth.” We now know it doesn’t work and I think it's wrong that the Republicans are not focused on putting the middle class and working poor back to work.
This presidential election is about what we want for our country. Should we go back to what got us in this mess in the first place where the rich are getting richer with more tax breaks for the wealthy or do we help the middle class and working poor by creating good paying jobs so they can support their families and keep our economy moving forward?