Thursday, March 15, 2012

BLUEPRINT - An America Built to Last


In This Article:
- Obama's pitch about his future directions of the United States - his Achievements and Proposals




While Obama has already data points on successful implementations, there is still much to be done. But let's not forget that he actually provided care for people, did create jobs, and supports a green future fostering a technology competitive nation. More importantly, he criticizes and attacks those who have gambled beyond their means causing the recent financial crisis and is taking them to justice by founding a new agency. 

He cares for the people by establishing a new Consumer Protection Agency, something that in existence in European countries for many years. He also shows his fighter spirit and openly criticizes Congress in stating that the issue is not 'out there in the nation, but here in this room' called the U.S. Congress, and urges both parties to work more jointly together not against each other all the time. We remind ourselves that the original Congress was instituted under the premises that it should act and do what the American people can not do themselves. 

Here is a list of the achievements done and legislations proposed for the next years.
  • Done
    • #jobs went up (+3.2M within 22 months),
    • #jobs in auto industry up by 160k
    • Doubled exports since 2009
    • Installed a Trade Enforcement Unit --> To counterfeit Trade Misconduct (China product dumping)
    • Decreased illegal immigration (x2 # of border patrol agents since 04)
    • Focused on small businesses (64% of all new jobs came from small businesses)
    • Oil dependency at 20 year low (<50%)
    • Natural Gas Exporter (since 2009 the US is becoming THE dominant NG player)
    • Huge incentive & stimulus packages for renewable energies ($90B, $3B electricity storage via Recovery Act)
    • US is second largest producer of renewable Wind energy (+40GW in 2010, trend rising)
    • Bill to permit to use public land for clean energy production cites (to power 3 million homes)
    • Wall-Street-Reform (reducing risk bets with customer deposits for big banks, simplifying credit card forms) --> Creation of the Consumer Protection Bureau
    • Social Justice in health Care --> The Affordable Care Act (2.5M Americans under 26 years of age insured through their parents, Millions of seniors supported in prescription drug saving the $2B, uninsured people with pre-exciting conditions do have insurance options now)
  • Proposed
    • Reduce Corporate Taxes to in-source manufacturing & jobs
    • Standardize job searches: 1 Program 1 Website 1 Path
    • Focus on education, reduce drop-outs (Bill to refuse drop-out options)
    • Attack student loan debt issue (Reinstate American Opportunity Tax Credit  keep interest rates low @ 3.4% and not 6.8%)
    • Keep international MS & PhD in the country (27% and 57% of MS & PhD graduates are intl. students, 24% and 47% of U.S. scientists are immigrants)
    • Eliminate tax breaks for Oil & Gas companies --> saving $40B over next decade
    • Pay down debt & invest in national infrastructure from savings from winding down war costs in Iraq & Afghanistan
    • Plan to save 3,000 bankrupted homeowners per year via refinancing their mortgages at today's low interest rates
    • Lean unnecessary governmental procedures, fight corruption & provide equal measures (e.g. milk was classified as oil, requiring a milk producer to call an agency to clean up a milk spill)
    • Establishing a financial crimes unit (to take law finance breakers to justice)
    • Rescind tax breaks for the richest 1% (via the Buffett rule = 30% tax for gross income $+1M per year)
    • Veteran support via tax credits (up to $5,600 and $9.600 with service connected disability)

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