Alex Metzger
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Alex Metzger
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Rescooped by Alex Metzger from AP Government & Politics!

President Obama’s Budget Revives Benefits as Divisive Issue

President Obama’s Budget Revives Benefits as Divisive Issue | Alex Metzger |

Obama has put Social Security on the negotiating table, which puts the Democratic presidential candidate at an issue that may have to be addressed when running in the 2016 election due to the incumbent's, Obama, decision. Democrats who are supporting Obama's budget may be in trouble during these midterm races because interest groups and PACs can help get new candidates, who don't support the budget, to take the spot of these democrats. Republicans can now use Obama's budget to shed a new light on the president as a democrat who would "attack seniors," which is a significant way to libel the incumbent. Even liberals are stating that good Democrats do not cut Social Security. Activists are stating people may be disinclined to help volunteer and help in races for people who favor cutting social security. This is a critical issue and I personally believe that Social Security should NOT be cut. People need that money and can spend that money to increase the GDP - assuming they spend it correctly - and if people have less money due to the cuts, it puts stress on the constituents because they now have less money. Just putting Social Security on the negotiating table is enough to scare a LOT of people and now democrats must state how they will as their future elections and campaigns depend on it.

Via Teresa Herrin
Alex Metzger's insight:

Obama's cuts on social security and medicare clearly seems to be a plausible negotiation. Though it may hurt the liberal party in upcoming elections, it shows that he is willing to compromise in order to decrease the massive deficit, which all in all is a step in the right direction. 

David Cohen's curator insight, April 16, 2013 11:04 PM

I know Obama wants to compromise with Republicans on Medicare and Social Security benefits, but what he is doing is against his party's beliefs. This action will hurt democrats in future elections and escpecially in the next presidential election. Democrats need to stay together and Obama is breaking away from them, its wrong. Personally, I think the president should focus on some other issues as well, such as the economy and getting jobs for the unemployed. he should not focus all his attention on this because the will hurt him and his party than help him in the long run.

Sarah Nguyen's curator insight, April 17, 2013 8:40 AM

Democrats are upset about the fact that Obama has put Social Security and Medicare benefits up for negotiation while discussing the federal budget. Beforehand, Democrats had stated that they would stand by Obama should the new equation for calculating social security benefits be accepted even it lessens the amount given.

mconti38's curator insight, May 2, 2013 11:22 PM

In Obama's recent budget plan, he was put social security and medicare up for "negotiation". This move has raised debate by both parties, as the services are heavily depended, on especially be seniors. 

Rescooped by Alex Metzger from AP Government 2012-2013 Bellaire GOPO!

The only chart you need on the GDP report

The only chart you need on the GDP report | Alex Metzger |
Last quarter's GDP report has been been called "the best-looking contraction in US GDP you’ll ever see." Here's the exact picture it paints.

Via Kristen Schulze
Alex Metzger's insight:

The graph in this article is a great visual representation of the magnitude of each component in the GDP. It explains the recent 0.1% drop in the GDP and provides information on which components are mostly helping and hurting the GDP.

Christina Breitbeil's curator insight, February 7, 2013 12:55 AM

This graph was very interesting to observe, because it offered insight into the complexities behind the number that is the collective GDP, which in this article is a fall in 0.1%. It was significant, in my opinion, that although the total GDP was a decrease, consumer and investment spending is doing exceptionally well. This just goes to show that the economy may be somewhat more stable than how it appears on the surface.

Zachary Beery's curator insight, February 7, 2013 11:44 AM

This chart shows the percent change in each department of the GDP. Whether it is going up or down. It shows an increase in consumer spending so that is a good sign for the economy.

Sarah Nguyen's curator insight, February 13, 2013 8:09 AM

This article and it's graph of the breakdown of the GDP is very reader friendly and easy to understand. It is very clear and obvious that the components of the GDP that are making the whole suffer the most are business inventory and federal defense spending. While reading, there was one comment by another reader that especially caught my eye. They reasoned that because many people were anticipating a pro-business Romney to win the election in the third quarterr of 2012, they planned ahead with increased inventories and expansion.

Rescooped by Alex Metzger from AP Government 2012-2013 Bellaire GOPO!

Losses Are Actually Gains, And Other Weird Facts From The Jobs Report : NPR

Losses Are Actually Gains, And Other Weird Facts From The Jobs Report : NPR | Alex Metzger |
Nobody knows exactly how many jobs the economy added (or lost) last month. Here's how to make an educated guess.

Via Kristen Schulze
Alex Metzger's insight:

This article provides great insight on the unemployment number that is so commonly kept up with. The background to where the numbers that constitute the unemployment rate drastically helps as to how serious to take this estimated percent. Though the article proves these numbers to not always be accurate, but also it provides an understandment that these numbers are probably the best guess that anyone could have.

Nicole Stankus's curator insight, February 5, 2013 10:53 PM

This article discusses the fluctuating trends in jobs and unemployment. The article states that the US loses millions of jobs ever January in good time and bad, but why were 157,000 jobs added last month? That last statement may be false, we don't know how many jobs the US adds since no survey can cover every American in the work force. We can only assume as to the accuracy of the surveys and in the end over several months it all averages out. In the end, one must not panic at one month, but rather look at an average of months to conjure more accurate data.

Adan Huang's curator insight, February 6, 2013 12:51 PM

I agree with the idea that reports can be very inaccurate as the article explains that the surveys for added jobs are conducted through certain types of businesses, leaving out other sections/types of employment. Unemployment rate surveys are conducted through individual households, in which each holds slightly different definitions of unemployment. The fact that previous reports have been so far off from the actual number can promote a more positive outlook on our current economy. At the same time, it also means that both the employment and unemployment rates can be far worse than we think they are.

Christina Breitbeil's curator insight, February 7, 2013 12:59 AM

This article walks the reader through the process of understanding the truth behind the numbers and statistics put forth by the government.  Although the unemployment rate can seem as if it is plummeting to new heights, there is often an explanation that is unaccounted for. As it explains in the article, the recent spike in unemployment is caused in part due to the loss of jobs created specifically for the holiday season.  Alterations such as these can cause statistics to be, at times, inaccurate.

Rescooped by Alex Metzger from AP Government 2012-2013 Bellaire GOPO!

'Best-Looking' GDP Drop You'll Ever See

'Best-Looking' GDP Drop You'll Ever See | Alex Metzger |
Negative economic growth in the fourth quarter provided a scary headline to start Wednesday's trading but probably little else in market impact.

Via Kristen Schulze
Alex Metzger's insight:

The article puts a positive twist on the GDP drop. It explains how there are many factors that could still impact the GDP in a positive way, and economist think that it is very possible for these factors to occur this year. The article does however mention negative comments like those from Schiff who thinks it is the government's continued spending that is causing the downward spiral, and that there is no emminent end to the downward slope.

Zachary Beery's curator insight, February 7, 2013 11:46 AM

This article says that th recent drop in GDP isn't that bad cause it is mostly due to the recent cut in goverenment spending. this is pretty much just the drop before the big leap that hopefully comes soon.

Sarah Nguyen's curator insight, February 14, 2013 4:58 AM

Even though the GDP has dropped at .1 percent, it is reassuring to know that it is largely because of government spending and business inventories. Consumer spending and the private sector in general was able to grow more than the previous quarter, even despite the natural disaster Sandy.

Patrick Demitis Brown's comment, February 21, 2013 12:06 AM
GDP is probably going to be just as low or lower in the second quarter, once we've gotten rid of the payroll tax cuts. Im not sure how our congress isn't doing anything about that, this will increase taxes, defense spending going down, the number of consumers able to spend will go down and GDP will go down more sooo......