In the recent state of the union President Obama stated five areas of focus to improve the state of our country.
- Encourage American Innovation
-Get more young adults to graduate high school and enter college.
-Government will invest more into technologies of the future like information systems and renewable energy.
-He would like to see 20 percent of general American energy come from clean energy sources by the year 2035. *There are great business opportunities in innovative technologies.
-Support for students success must come from the family.
-Respect teachers more as Nation Builders.
* If we value items, positions, and success with money, then where is the incentive for people to decide to become teachers without an improvement in their pay? - Solve illegal immigration by allowing them to join our team in full.
- Improve Infrastructure
-Highways, Telecommunication and other communication systems,
*Where will the money come from to invest in infrastructure? 1.More taxes or 2.funds that would have been spent elsewhere in the government, but where cut and redirected to fund infrastructure. - Improve trade
-exports - End government deficits and become a self sufficient government.
-Freeze annual domestic spending for the next five years, which represents 12 percent of the budget.
-Make cuts to defense program.
*Increasing GDP with butter not guns.
-simplify income tax reporting.
-consolidate our government, become efficient, cut expenses
*Government workers will be laid off and join our large number of the unemployed
*Cut government spending, eliminate deficit spending, and become efficient. Sounds great, sounds like they have a business mentality, sounds responsible, but how long will it take to implement? What is the time line?
*If the government cuts deficit spending this will directly reduce our GDP, because the government was poring more into the system then it was collecting from taxes. How large will the impact be to our GDP?
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