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President Obama’s Budget Revives Benefits as Divisive Issue

President Obama’s Budget Revives Benefits as Divisive Issue | BHS GOPO |

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
Jesus Duran's insight:

This article talks about the cuts on Social Security and Medicare that Obama as a Democrat shoudn't cut. As a Democrat Social Security and Medicare should be the last expenditures that Obama should be willing to cut. However because of the hard time tha he has been having with the Republicans when it comes to making compromises, he had to prove to the Republicans that he is willing to compromise by cutting the expenditures that if he was not in his second term would not have cut. Obama's budget shows a more conservative style because it tries to raise revenue by lowering two of the largest expenditures so that the federal debt can be lowered. In my opinion, Obama's budget shows that he is willing to compromise to help save the American Economy and to help advance the country.

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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Why defense spending plunged 22% last quarter — and killed GDP

Why defense spending plunged 22% last quarter — and killed GDP | BHS GOPO |
Had the Pentagon not cut back on spending, the economy would have grown at a weak but positive 1.27 percent pace.
Jesus Duran's insight:

This article helps us understand a little bit baout how the government agencies work when it comes to money. Having an end of a cycle in september does not help the agencies nor the economies, the end of the cycle in september pressures the agencies to spend their budget before that leaving them with a minimal amount left for the final quater. This becomes an issues when the agencies is out of money or can used money that it does have. The problems are not all toward the agencies as we can see in this fourth quarter the effect of the decisions that the agencies make basically the government makes affect greatly the economy. This decisions that were made were to have help the economy which in did when it came to the people spending more money but not when it came to the government and the economy.  

Yessenia Leal's curator insight, February 6, 2013 2:40 PM

Givernment military spending greatly affected the GDP last year. The Pentagon spent less money on military spending. That means less spending with Irag and Afghanistan. If the Pentagon had spent this amount of money then the amount would of grown

Matt Kellogg's curator insight, February 6, 2013 10:01 PM

shows how much the defense spending cuts hurt the GDP, why it looks bad

Emily Koehn's curator insight, February 6, 2013 11:58 PM

This article explains the effects that defense spending has on the national GDP. The cut in expenditures is a directly relaed to military activity, which provides evidence that the GDP is greatly affected by military endeavors. 


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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 | BHS GOPO |
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.
Jesus Duran's insight:

This article describes how the way government makes its decision can affect the economy. It also shows the reationship between the people and the government which works on helping one side while it hurts the other. The fourth quarter shows this by having an increase in the consumer and business spending yet a decrease in the government spending. This relations makes it hard on the government when it comes to make decisions because they can only help one at the time. So they either choose the people or the government but not both. 

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

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

This article is trying to explain the problems and the recoveries that the United States is facing early in this year. The amount of money being spend is increasing however there is talk that a recession may come. The recession however according this article is not going to slow down the growing GDP. Growing GDP is a good thing however it does not mean that the economy will completely recover. The fact that the economy is growing however at the same time it shows signs of problems creates a bitter-sweet mood that becomes hard to explain.

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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Talking Points Memo

Talking Points Memo | BHS GOPO |
"Polltracker: The Most Accurate and Up-to-Date Poll Reporting. State-of-the-Art Averages.

According to poll in Polltracker from CBS and ABC before, the CBS poll shows Obama with a one percent lead yet the ABC poll has Romney in the leadwith the same margin. This represents that none of the candidates have a clear lead in the race for the presidency. Romney gained the lead after his speech during the Republican National Convention however that lead did not last long because after the weekend Obama gained the lead by a margin of 1.8 percent. Leading the polls however doen not guarantees that the candiadate is going to win ,specially with a lead that is so small, that is because the polls have margins of errors and because it only represents a small percent of the populations. That being said the race for the presidency is still not defined and without a winner.

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Four Takeaways From January Jobs Report

Four Takeaways From January Jobs Report | BHS GOPO |
The economy added 157,000 jobs in January and the unemployment rate ticked up to 7.9%. Economists are still digesting today’s numbers, but here are four initial takeaways.
Jesus Duran's insight:

This article summarizes the report on the unemployment rate and employment. The article describes how the United States is slowly lowering the unemployment rate however it seems to increase every once in a while. The economy is helping create more jobs in the private sector and is cutting jobs on the government. This is relationship that the government and the people have to face, only one can be helped at a time. The reports also state that the job growth is also increasing and helping the economy however the job growth has not spread into manufacturing sector and instead the employment in that sector continuous to drop.

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Employment Situation Summary Table A. Household data, seasonally adjusted

Employment Situation Summary Table A. Household data, seasonally adjusted | BHS GOPO |
Jesus Duran's insight:

This graphs summarizes the data of the unemployment rates and other information useful for the economist. According to the data the United States economy is fluctuating and has not stabilized or is moving in a certain direction. The economy seemed to be growing however it has drops that they have to recover very often. This motion of the economy makes it seem that the economy is still in turmoil and without a certain direction.

David Cohen's curator insight, February 6, 2013 1:32 AM

This gave some very useful information about unemployment rates. It shows all the different minorities and the percent unemployment for each minority. The highest and most shocking one was teenages ages 16-19. There is a significant amount of unemployment that is present.

Randal Scroggins's curator insight, February 6, 2013 10:50 PM

Chart of all the job statistics including demographics. Increase in the labor force along with fairly constant employment-population ratio. Hopefully that unemployed percentage will continue to decline

Raneem Hamdan's curator insight, February 7, 2013 12:23 AM

The country's economy based on the article and statistics gives us insigh tas to how our economy is slowly recovering, yet is often impared by small and sudden drops and impediments that breifly stop the process of alleviating the condition of the economy. Overall, this is a good article displaying the irregular patterns within our country's business style.

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The only chart you need on the GDP report

The only chart you need on the GDP report | BHS GOPO |
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.
Jesus Duran's insight:

The graph helps vizualize the GDP in a way to see the amount that each section adds to the GDP. The graph for the fourth quarter for last year shows that the consumer and the business section are in a good position yet the government part of the graph shows a negative percent change. So it means that the people are doing better yet the government is not. 

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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Money, Power, Ruses, and the Right to Vote

Money, Power, Ruses, and the Right to Vote | BHS GOPO |

SCOOPABLE FOR 9/18 -- HIGHLY Recommended! 

A Senate Judiciary Committee hearing highlights the hypocrisy of restrictive voter laws in the age of Citizens United.

 The article refers to the history of the restrictions in voting and how it is related to today’s restrictions. In the past most restrictions were targeted to minorities mainly because of the large amount of racism that existed at the time however now in the present the restrictions that are being places are to stop the lower class and it is caused by the power that large organizations have. The problem like Sen Dirksen said is that there is always a group that is going to be restricted the right to vote because it is harmful to an organization. That organizations target the group because the votes casted by the group is stopping them from achieving their goals. The is always going to be a target because the voters have opinions and they have the right to decide whatever they want even if it goes against some organizations, which because the power that they have are capable of finding ways to stop their target.

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