Wednesday, October 12, 2011

My Opinion on the American Jobs Act

           The American Jobs Act is a Bill that was written by our President, Barack Hussein Obama, with his "Attempt" at rebuilding the middle class, and putting teachers and workers back in the workplace while putting money in our pockets at the same time. It sounds great and in all honesty, the "Idea" of the American Jobs Act is a good IDEA, but that's all it is, and all it should be, an idea.
         So last I checked, the United States economy was at an all time high of about $14.8 Trillion Dollars, which is still on the constant rise because of the economic ignorance of our current president. Obama has lied straight to the faces of the Americans in which he claims he is trying to help in this current Jobs Act. Obama said that the American Jobs Act "wouldn't add a dime to the deficit" and yet it is a common known fact that the Bill would cost $447 Billion dollars. That's a little more than a dime in my opinion, and that would throw the Economy into a debt over $15 Trillion  dollars while only helping about 7% of 14 million unemployed Americans to find work. Obama has raised the national debt more in his 3 years of being president than the first 41 presidents combined. 

National Debt Over the Years
  • 1982 - $1 trillion. ($1,142,034,000,000.00) Ronald Reagan
  • 1986 - $2 Trillion ($2,125,302,616,658.42) Ronald Reagan
  • 1990 - $3 Trillion ($3,233,313,451,777.25) George H.W. Bush
  • 1992 - $4 Trillion ($4,064,620,655,521.66) George H.W. Bush
  • 1996 - $5 Trillion ($5,224,810,939,135.73) Bill Clinton
  • 2002 - $6 Trillion ($6,228,235,965,597.16) George W. Bush
  • 2004 - $7 Trillion ($7,379,052,696,330.32) George W. Bush
  • 2006 - $8 Trillion ($8,506,973,899,215.23) George W. Bush
  • 2007 - $9 Trillion ($9,007,653,372,262.48) George W. Bush
  • 2008 - $10 Trillion ($10,024,724,896,912.49) George W. Bush
  • 2009 - $11 Trillion ($11,909,829,003,511.75) Barack Obama
  • 2010 - $13 Trillion ($13,561,623,030,891.79) Barack Obama
  • 2011 - $14 and possibly $15 Trillion Dollars (Current Deficit = $14,879,402,728,519.51) Barack Obama
            Now I'm not blaming the entire national debt on Obama, I'm simply pointing out his benighted approach towards healing our economy. The Bush Administration did not do the greatest of Jobs with the economy, but Bush was in office for 8 years, whereas Obama has been president for 3 and is already close to raising the national debt as much as Bush did.

           The Number one thing i don't understand about the Obama administration is how they complain about the National Debt, promise that they will decrease it, and yet they still want to waste our federal tax dollars on Ideas like the American Jobs Act. Obama is like and irresponsible teenager with a credit card. He spends someone else's money on whatever he wants, without realizing how far into debt he is. If you have bills to pay, you pay them. If you don't have enough money to pay your bills AND buy that new car, you don't buy the new car. its common budget sense, when your in debt, you cut spending. The only way this Nation is going to get out of debt, is to cut its spending. 

Here's some websites about The American Jobs Act if you want more information.
Written by: David England

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