October 16, 2012 President Obama drops the gloves and comes out swinging and, like any good fighter, receives a few swift punches in return with little phase. One of the subtle battles I picked up on was the mentions of government spending. To my understanding Obama wants to increase government spending because he believes that government investments in things like green energy or education, as seen by the balloon in student loan debts and brief remarks made throughout the debate, he believes will create economic growth. Subsequently we will see a higher deficit or an increase of the upper taxes. Which in my mind poses the question; will the upper take their manufacturing to a more comfortable location… such as overseas?
So what about Governor Romney? It’s to my understanding that he would like to cut government spending in regards to job creation. By implementing tax cuts, he believes, it will allow companies to make more profit and ultimately hire more people. Now I said that he wants to cut government spending in order to create jobs, that does not mean he wants to spend elsewhere, like perhaps... on the military.
I spoke with a gentlemen by the name of Keon in my TVF 454 class whose last name I am not going to attempt for fear of butchering the spelling so badly. I asked him a few general questions in response to the debate with viewed in class that evening. Here is some of what he had to say:
I must say that I agree with Keon in regard to both that marginal victory and the “elementary” level questions. I almost felt as the both President Obama and Governor Romney felt similar. I got the impression that they were dancing around answering the question asked and attempting to weave in more pertinent information without making it too obvious. Of course, this is just me jotting down my thoughts; please feel free to express yours.