Tuesday, August 2, 2011
Obama speaks after Senate passes the bill (Live Blog)
The President talks about equality and everyone giving in their fair share. He also mentions that he will try to maintain educational and health programs as well as increase the number of available jobs and raising the minimum wage. It all sounds good but how can you place more money in different places, especially for higher wages, when you don't have money to pay past due bills. It is inevitable that taxes will increase. But will the president and Congress use that money to let's say increase wages? If so then we are going around in a circle, ignoring the current debt we have by using the money for the "wrong" thing. I'm not saying that increasing wages is wrong and shouldn't be done. But take care of our first problem which is debt. This is not the circle of life we should be living, we should not be repeating the same mistakes over and over again. We need to learn from our mistakes and look for a solution. The President is doing a good job but it is not the best. Until then we are in a continuing circle of debt in which I don't see a clear way out anytime soon.