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Highlights From Obama's Budget Proposal

Highlights From Obama's Budget Proposal | katherine bhs  GOPO | Scoop.it
Times reporters analyze how the White House’s budget request would affect federal agencies and programs.
katherine gold 1's insight:

Although Republicans and congress members

rarely agree with the president’s budget proposal we can now see a new insight into the  president’s ideas for 2014. I know I’ll be happy with tuition interest rates remaining at a consistent level although it will last for 10 years I already passed college by then. Savings in the Defense Department also seems like a good idea because most of the spending has come from the recent war. Another thing that I like what Obama proposes was preschool for all four-year-olds who live in moderate to low income family  house hold.

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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 | katherine bhs  GOPO | 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.
katherine gold 1's insight:

so, it's not like it's the end of the world, or the great depression. We have had many slowdowns in the GDP for many years, like in 2009.The economists are just trying to scare middle class america into thinking this is the worst thing possible.

 

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

TV Ad Spending on Presidential Race Surpasses Two-Thirds of a Billion | katherine bhs  GOPO | Scoop.it

spending on tv add comercials to popularize the campaign has brought itself to new heights. for example, wisconsom who showed a bleak summer shot through the sky with 16 million in adds from the republican and democratic parties in the last 6 weeks alown.

 

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The Latino gender gap: Latina voters prefer Obama by 53 point margin | Latino Decisions

The latina voting populaton is quickly one sided toward the democrats. Republicand have shouted the words "anchor babys" and so forth. Also more latino women are predicted to vote more than latino men because of conserning social issues.

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http://www.texastribune.org/texas-politics/2012-elections/just-what-likely-voter/

http://www.texastribune.org/texas-politics/2012-elections/just-what-likely-voter/ | katherine bhs  GOPO | Scoop.it

Likely voters are generated by the person conducting the survey and are needed for a public opinion poll.  A survey might show the electoral outcome on election day.

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

'Best-Looking' GDP Drop You'll Ever See | katherine bhs  GOPO | 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.
katherine gold 1's insight:

It's nothing to be scared from. the GDP will always go uo and down, similar to the flux in gas prices over the years. Consumers should just keep spending, and increase exports.

 

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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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The only chart you need on the GDP report

The only chart you need on the GDP report | katherine bhs  GOPO | 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.
katherine gold 1's insight:

Consumer spending and fixed investments are the only real things that keep the GDP afloat compaired to the negative intake on trade and our national defense. News stations cry out the terrible numbers of the GDP on the forth quarte,r but in true tense, most common middle class americans have no idea on the situation of the GDP, and for some, not to care at all. They all think..."what wrong with America?"

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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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Post-Watergate campaign finance limits undercut by changes

super PAC's are letting way for wealthy people to spend money on politics and the laws are restricting outsiders.

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Lauren Friedman's comment, September 22, 2012 7:51 PM
The article centers around the case that "money corrupts." It is argued that the Watergate scandal would not have even been necessary if super PACS had exsited because any amount of money could have been pledged to any candidate, or, in that case, Nixon. The article goes on to discuss the fact that during the 2008 election, McCain relyed on public financing to fund his campaign, whereas Obama took advantage of the concept of PACs and therefore earned more money for his campaign. I believe that there should be no limit on how much money can be spent on a campaign by either party. If everything was regulated, then the level of competition would decrease, and one candidate would have a harder time standing out from the other.
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http://www.pollingreport.com/wh12.htm

http://www.pollingreport.com/wh12.htm | katherine bhs  GOPO | Scoop.it

In the opinion of the people, the question, who would help middle class america more showed in the polls that before the republican convention romney held 38% competing against Obama's 52% but after the convention a bounce was seen both between Romney and Obama whos 52% droped to 50% and Romney's 38% jumped to 42%.

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http://www.texastribune.org/texas-politics/2012-elections/just-what-likely-voter/

http://www.texastribune.org/texas-politics/2012-elections/just-what-likely-voter/ | katherine bhs  GOPO | Scoop.it

a likely voter is collected from a survey 

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