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President Obama’s Budget Revives Benefits as Divisive Issue

President Obama’s Budget Revives Benefits as Divisive Issue | Gerardo APTennis | Scoop.it

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
Gerardo Ramirez's insight:

If you don't like President Obama's proposal on Social Security as he searches for the big compromise and if you feel that there should never be any compromises under any circumstances concerning it or Medicare, don't worry. It seems that neither will Republicans ever accept compromises on taxes or any other liberal, job-creating changes that Obama proposes in his budget. Americans do not want to see any change in social security benefits. I agree with the President that both Social Security and Medicare need adjustments to reduce future increases in their share of the budget. We need to leave room for infrastructure, education, parks, and other necessary items, which are getting crowded out.

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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. 

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

'Best-Looking' GDP Drop You'll Ever See | Gerardo APTennis | Scoop.it
Negative economic growth in the fourth quarter provided a scary headline to start Wednesday's trading but probably little else in market impact.
Gerardo Ramirez's insight:

With the high tax and high rate the GDP might go down later in the future. Removing our supports now could result in a dramatic drop in the GDP. If I recall most stocks have gone up before a recession starts. 

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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......
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U.S. Growth Halted as Federal Spending Fell in 4th Quarter

U.S. Growth Halted as Federal Spending Fell in 4th Quarter | Gerardo APTennis | Scoop.it
The government played a role in slowing the economic recovery as cuts in military spending and other factors overwhelmed the Federal Reserve’s expanded campaign to spur growth.
Gerardo Ramirez's insight:

Although the GDP has dropped for the first time since 2009, economist predict a rise in consumer spending which will benefit the country, The blame for the huge decrease of the GDP is for the military cuts, military spending has gone down.

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Bo Li_1's curator insight, February 6, 2013 12:50 PM

It seems that this article says the the government has significantly decreased in military spending. As a result, it seems that US economy will also suffer a decrease in GDP.

Andrew Alter's curator insight, February 6, 2013 6:51 PM

The economy may have shrunk, but it shrunk in the most unharmful way for the average American. Government spending substantially decreased,  notably in the military, which allows for future government spending in domestic areas.

Matt Kellogg's curator insight, February 6, 2013 9:57 PM

govenment cut a lot of defense spending. Economy didnt decline much considering how much was cut

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Who Out-Latino’d Who? Assessing the RNC and DNC Conventions Latino Outreach | Latino Decisions

Who Out-Latino’d Who? Assessing the RNC and DNC Conventions Latino Outreach | Latino Decisions | Gerardo APTennis | Scoop.it

The article "Who Out-Latino’d Who? Assessing the RNC and DNC Conventions Latino Outreach" mentions the Latinos impression of both party's National Conventions. Both party's had a Latino speaker in their convention but frankly it did not have a major effect on the Latinos opinion on which party did a better job. More than 50% of Latinos where unaffected by the fact that there were Latino speakers at the convention. I expected that there would be Latino speakers at each convention, it was predictable which made most Latinos indifferent of the situation. As long as they mention Latinos in their speeches they would get my attention but they tried to get a hold of the Latinos that feel that they should be widely recognized by having a Latino speaker at each convention.

 
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What to watch for in the State of the Union speech

What to watch for in the State of the Union speech | Gerardo APTennis | Scoop.it
While we will know much of what President Obama plans to say and propose before he even hits the House floor around 9 pm, a thousand storylines will be born tonight.

Via Teresa Herrin
Gerardo Ramirez's insight:

It is true that Obama has gained a lot more freedom ever since he won re-election but that does not mean that Obama will go all out aggresive especially to the party members. Obama will either say what the nation wants to hear or what the party members want to hear. Obama will have to consider on how much time he will spent on each particular topic. 

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Teresa Herrin's curator insight, February 12, 2013 6:07 PM

Great article to SCOOP before the SOTU.

Tavaria Dickerson's curator insight, February 12, 2013 8:22 PM

This article is a really good guide of things to look out for in both the SOTU address and Rubio's rebuttal. I can't wait to see whether Obama will take a much more agressive approach tonight, taking advantage of the added freedom that comes with being a second term president. The issues of the economy will probably be discussed very agressively, because it's what everybody is worried about. The POTUS's statements about guns however shall be interesting to see, especially with the Sandy Hook victims' parents in the audience.

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The only chart you need on the GDP report

The only chart you need on the GDP report | Gerardo APTennis | Scoop.it
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.
Gerardo Ramirez's insight:

The graph clearly shows how important and good the mixed economy is for the U.S. If it werent for investments or consumer spending, the GDP might have gone down even more. 

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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.

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TV Ad Spending on Presidential Race Surpasses Two-Thirds of a Billion

TV Ad Spending on Presidential Race Surpasses Two-Thirds of a Billion | Gerardo APTennis | Scoop.it

"Spending on television advertising in the race for the White House has topped two-thirds of a billion dollars, according to sources watching the advertising market, with Republicans only narrowly outpacing those who back President Obama." The presidential tv ad spending as of now has been focused on the swing states some being Colorado, Iowa, Nevada, New Hampshire, North Carolina, Ohio, Pennsylvania, Virginia and Florida. Obama having won their vote on the election of 2008 is spending millions to keep the cycle running, North Carolina may prove top be a challenge. As for Romney, he is having trouble with the Latino support, Obama has a 59 point lead for the Latinas support. Romney will have to step it up if he wants to win the Latinos support, which could guarantee him Florida's vote. If Romney wins Florida's vote then he could still have a chance to tie with Obama. 

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Poll: Obama, Romney neck-and-neck ahead of party conventions

Poll: Obama, Romney neck-and-neck ahead of party conventions | Gerardo APTennis | Scoop.it

"A new Washington Post-ABC News poll shows Romney at 47 percent among registered voters and Obama at 46 percent — barely changed from the neck-and-neck contest in early July." The poll does show that Obama is ahead of Romney by a few points in the swing states of Florida, Ohio and Wisconsin. Regarding the Medicare discussion Obama has the support of most voters for they dont want a change in the Medicare program. A likely reason is that Paul Ryan's plan for a health insurence might not cover all the expenses for the elderly while Medicare can cover up to 80% of the medical costs. Overall the people are weary for Ryan's health care plan.

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