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Savannah L

Obama and Boehner Circle Each Other on Budget Impasse - NYTimes.com - 0 views

  • The Treasury Department expects the country to hit its debt ceiling, a legal limit on the amount the government is allowed to borrow, close to the end of the year.
    • Savannah L
       
      Anyone else completely frightnened that we will reach our new debt ceiling by the end of this year? We can't keep raising it to allow for this sort of spending. 
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    I think that it is nice to see some hope towards compromise at the white house, but at the same time respect Boehner so much more for saying that he simply will not accept any tax plan that isn't balanced. We  really can't afford to be increasing our budget deficit any more. At current rates, our debt to gdp ratio will be up 40% by the end of 2016, and we cannot afford to be increasing our deficit. By 2016, the interest on our massive debt because of our skyrocketing budget deficit will have tripled. We are financially headed in a horrible direction, and I am trusting Boehner to shut down any attempts to pass more debt-skyrocketing bills. I agree with this article's position on tax cuts to the wealthy, increasing taxes will only hurt the private sector even further. Even the CBO agrees that if bush tax cuts were to expire unemployment would rise to a whopping 9%, and as such should not be allowed to expire.The private sector, not the government, creates jobs, and this article confirms to me why the government should make it easier for the private sector to create jobs by allowing the bush tax cuts to continue. 
James Foster

Lucky Obama: The News Is Bad, But the Mood Is Good - 4 views

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    President Obama's reelection campaign is catching a break: The economic news has been bad, but the public hasn't seemed to notice. On Thursday, for example, came news of unexpected weakness in leading economic indicators and jobless claims. This post represents a key problem facing the GOP, which is if Romney can't beat Obama in such a poor economy, than there is something really going wrong within the GOP considering that Romney was picked because he was the "best" choice. What do you guys think is wrong within the GOP and what should they do to fix it?
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    The article says "Democrats are likely to look at the economy with rose-colored glasses because they want their candidate to win in November" which doesn't really address anything. If they believe that the economy is bad and that Obama isn't going to fix it, why are they going to vote for him? The article doesn't give any reasoning at all for why people would want to vote for Obama, just makes them seem crazy for wanting to do so. As for your questions, James, I think they did pick the best candidate at the time. I just think that Obama is a really remarkable politician and public speaker, whether you agree with him or not, and Romney can't compete with that. That, and many people really do believe that Obama is improving the economy.
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    I'm not seeing the true point of this article. I think the "rose-colored glasses" refer to people that will support Obama regardless of the campaign. I think that there are people who like what he has done and trust him so will vote for him regardless of the economic state right now...but is that hard to believe? Not really. He probably has some advantage from winning people's trust in the past 4 years.
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    Yeah I agree. I don't think the article went into enough detail with enough facts to convince me of anything. Of course people who support Obama and want him to win are going to see him in a better way then people supporting Romney. And I think depending which part of Obama you choose to focus on, there is a good and bad just like with the policies or actions of any other politician.
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    Sabrina, I disagree with you in just about nearly everything that you said. The economy is not getting better. He's put more long term damage on us than I thought imaginable 4 years ago. I don't think that he has helped our economy, and here is why: Yes, he did help save us from total collapse, but even then, it wasn't him, it was TARP, signed into law under Bush, which even permitted his actions as acceptable. Gas prices have raised by 1.30/gal and the amount of americans on food stamps has doubled. Sure, short-term unemployment is down from a couple of weeks ago, but the fact of the matter is that at this time in 2008 it was 13M, and it is now 22M. Yes, I understand that Obama has to deal with the Bush era's layover, but in 2016 he will have only improved this number slightly to 19M, not nearly enough to say that he is helping our economy. Under Obama, income inequality was greater than in 2008. Long term unemployment rates have doubled, which in my opinion, is a better indicater of long term well being. The big 5 made 48% of our GDP this year, compared to 32% in 2008, thanks to Dod Franklin. He's increasing middle class tax burden by about 3,000$ with the passing of Obamacare. ACA will increase our debt by 500M a year because it calls for 1T in funds, but only allows tax raises totalling half of that, causing our budget deficit to increase rapidly. At current rates, excluding the increases in deficit from ACA and others, in 2016 our spending will be 130% of our GDP, which is simply instable and can in no way be considered 'helpful' to our economy. Let's not forget the high intrest on our debt, so this number will only drastically increase in the long run. Some of you will be paying taxes by 2016, and as a taxpayer you will owe the government around 220K apeice, because at that point in time an even lower fraction of our population will be paying taxes than currently. I do not like Obama as a politician at
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    all. Also, I think that Romney much better as a debater, Obama stumbled through the entire debate and was unable to use statistics to his advantage, and I personally believe that an argument without statistics is a flop and as a result do not think that Obama is a good debater.
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    Even though the article does not provide much proof, I think our debate here provides good evidence to this issue. Being in San Francisco, I know and have spoken with many people who seem very dedicated to Obama because of his persona, but are very ignorant to facts and news about our current national position. I think that Savannah's point is also valid, and can understand why many people would be on the GOP's side. Thus it is difficult to say one point should be more valid than the other, and these arguments amongst ourselves seem to prove why many still favor Obama and why many today favor the GOP.
Will Rothman

Colin Powell endorsement goes to Barack Obama, again (+video) - CSMonitor.com - 0 views

  • Former Secretary of State Colin Powell, a longtime Republican, is sticking with President Barack Obama in this year's election.
  • "and didn't get us into any new wars."
  • he respects Mitt Romney but thinks he's been vague on many issues.
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  • "...he has met the standard of being a sucessful president, being an exceptional president. I think he is a transformational figure. He is a new generation coming into the world-- onto the world state, onto the American stage, and for that reason I'll be voting for Senator Barack Obama."
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    Colin Powell, and Bush-era White House Chief of the Military and Chief of Staff.  He is endorsing Obama even though he has been a long-time Republican.
Abby Schantz

week 3: Florida's Impact on the Election - 1 views

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    This article talks about the importance for a Candidate to win Florida. In 2008, Obama won Flora by only 3% and four years previous, Bush won Florida by a slightly larger 5%. Because Florida has a total of 29 electoral votes, it is the biggest and therefore one of the most important swing states. Not only that, but the majority of the state does not matter as compared to a small section known as the I-4 who really do determine this election themselves. 
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    I'm curious to follow Romney's and Obama's campaigning in Florida until the election. From my other reading, It seems as though Obama has secured the "minority" votes compared to Romney so wouldn't that continue over in Florida?
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    This is going to be an interesting swing state due to its larger population of senior citizens and with Romney appealing significantly to the senior citizen population with a 52-41 percent lead over Obama according to an associated press-GfK poll with seniors likely to vote.
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    It's interesting to me that it seems that the entire election can come down to one swing state, and the whole state to one county. I think this is a example of why the electoral college isn't right-no one county should have that much power.
Sabrina Rosenfield

Romney and his Tax Returns : The New Yorker - 2 views

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    This is an article about the release of Romney's tax returns for 2011, and whether or not he is being completely honest in saying that he paid 14.1% because he can go back later and get returns for his charitable donations. He argues that not doing so would discourage people from donating. I'm not sure about this quote, "As was widely noted, Romney has also said that he considers claiming every possible legal deduction an ethical test, with rather distinctive terms: if you pay any more than you really, really must, you have failed." I think that for many Americans, this is completely true, but for someone with such a high income, it seems unfair. But isn't fairness the same thing for everyone? What do you guys think?
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    Yes, fairness means that everyone pays their fair share, which is a very republican ideal, which is why i am in favor of removing the exorbitant death taxes and in favor of the fair tax, which i feel like would point our country in a less socialistic direction, which, lets face it, since 2008 we have been plummeting rapidly towards socialism with ACA and greater government influence in our economy. Going back to the Romney quote you mentioned, I'm not sure what you really meant by "it seems unfair" Are you really suggesting that those who work harder than others should be punished with a larger tax? And keep in mind that he's talking about income tax, not money already sitting in the bank. So Romney worked for that money, and should not be punished for it. Taxes are punishments, and that sort of backwards tax structure is one exhibited by the USSR before it collapsed, mind you. Taking more from the rich is not "fair" . The term for it is socialism. If you want another historical example, look at Britain's economy when it implemented Adam Smith's lazziez faire economics (their economy grew exponentially, scientific developments were off the charts, relatively peaceful era) and then look at the France's economy shortly after when it implemented a more "fair" system in the 1800s-1900s, they constantly got decimated by economic struggles and went nowhere. And even if you still believe that the rich should pay more, consider this. The government's biggest problem is not a lack of revenue. We're spending 104% of our GDP. If you plan on paying taxes, which, by the way, our current government lets you be exempt if you decide to take a year off of your well-paying job to sit at home and 'discover' yourself, then you will already be 140,000$ in debt thanks to Obama's excessive spending. No, Bush did not "start it", Obama has added more debt than all of the presidents before him combined. Why do you think that it is "fair" for the harder workers in our s
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    ociety to have to pay more when they are the ones working harder? And, if anything, it makes me respect Romney more because he knows how to work the system to his (and America's) advantage. He, unlike Obama, has business experience and is fiscally responsible, so I respect him more for this, not less.
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    Yeah, I'm going to with Savannah on this one. I think the rules of tax should obviously apply to everyone, rich or not. I also think that getting tax deductions is part of the "taxing" process so why shouldn't everyone take advantage of that? Regardless of how much money someone has...
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    Savannah, I'm not suggesting that people should be punished for working hard. But how much money you make is not always an accurate representation of how hard someone works. And I'm not sure about what I think is "fair". Yes, everyone paying the same taxes would be fair in one way. But some people work extremely hard and still don't have a lot of money and still need help from the government. Some people make exorbitant amounts of money and don't work all that hard. Doesn't it seem fair for people who need help to be able to get it? That's what I'm suggesting. I'm not encouraging laziness or punishing people for hard work. As for what you said, "it makes me respect Romney more because he knows how to work the system to his (and America's) advantage", it seems to me that there are two parts of this. One is that he understand the system. That's a good thing. The other is that he knows how to manipulate it to appear as something that he is not. That's not a good thing.
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    In my opinion, I do not believe that taxes are a punishment. Taxes are something we, as American citizens, agree to pay to do our part in making sure that all of our opportunities are made possible (in building roads ect.) Maybe they are not used the best right now, that's opinion but as a generalization I don't think taxes should be considered a punishment. Also agreeing with Sabrina, I believe that someone who works multiple jobs and happens to be doing manual labour that pays minim wage is in many cases working equally as hard if not harder than a wealthy CEO working long days in the office. They are different types of work and the amount of money they make is no reflection of the amount of work they put into that job.
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    Abby, I still don't see how you consider taxes to not be a punishment. If you enjoy forking over your hard earned cash to those who didn't for whatever reason, then I congratulate you for being a socialist. The biggest problem in our government is not a lack of money, but a lack of structure, so why are you so focused on increasing revenue if it won't make a difference under a fiscally irresponsible president with no business experience whatever? I don't enjoy the fact that I will end up paying money to a government that is incapable of spending it and do not think that people should have an increase of taxes just for working hard. And Sabrina, this is federal income tax, not capital gains or inheritance tax, so it doesn't take into account money that one is already sitting on or based on investments. The way income tax works, you can have a mansion and 5 cars but take a year off to work on a painting from your well-paying job and legally file with an income of 0 and get food stamps. And back to your example of the CEO and the blue-collar worker, the CEO probably went to school and got a degree, which would make me consider him to have worked harder than the blue-collar worker who chose not to get a high school degree. Also, let's change the discussion about working "hard" to one about working "smart"? Comparing manual labor efforts to the intellectual efforts of others really isn't comparing apples to apples. We should be discussing productivity rather than effort. If someone studies really hard but fails a test, and someone studies more effectively (but less hard) yet receives a high grade, should the high score student be penalized and the poor performer subsidized? Linking this back to the economy, without CEOs, the minimum wage workers wouldn't even have jobs. There would be no company, therefore, no jobs. CEOs are perhaps burning fewer calories when they work, but that does not mean that they are less productive. Take out a minimum wage worker from a co
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    But about Romney's tax exemptions-that's not what happened. He purposely overpaid to match an earlier estimate that he made. He didn't claim all the exemptions that he could have. Maybe that wasn't clear in the article I posted, but here's a quote from another one: "We know, for instance, that Romney paid a rate of 14.1 percent on $13.7 million in income on his 2011 tax return, which he achieved by purposely overpaying. Though he was entitled to deduct $4 million in charitable contributions, Romney deducted only $2.25 million to keep his tax rate above 13 percent." Here's the link to that article: http://www.propublica.org/article/what-we-still-dont-know-about-mitt-romneys-taxes
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    Sabrina, Let's look at this another way. If Romney made $13.7M in 2011, and donated $4M of that to charity, and also paid 14.1% (or < 13%)... he, in effect, only kept 57% of his income. He gave 13-14% to the government, and another 30% to charities -- hardly reprehensible behavior? He is able to more effectively do "good" with his money by giving it freely to those he feels deserve it can those that can be good stewards of the money. Clearly the President has NOT been a good steward of funds, just look at Solyndra and Beacon Energy. I don't know about you, but I would rather my money go to charities close to my heart rather than sham entities that sit there and waste billions of dollars of taxpayer dollars, like Solyndra and Beacon. The tax system is not perfect at all but it does encourage behaviours that are beneficial to society. Why does it matter so much what Romney paid in taxes? Shouldn't we focus on what he gave away to others than to a fiscally irresponsible government?
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    I agree that the actual numbers of what Romney paid in taxes is somewhat unimportant, but symbolically it represents an ethical value that I've noticed in Romney's policies and beliefs. The Urban School recently had a visitor, a professor of economy, who informed us that the president him/herself does not actually have that much control over the economy as it is determined mostly by the private sector of the market. The president can, however, influence the economy through tax policy, and if Governor Romney is unwilling to pay his contribution to the system, which, as Abby said, is what we do to insure that "all opportunities are made possible," he seems to be implying something about how much the upper class should be paying. I realize that is just an opinion, but if you don't agree I hope you can at least understand my belief that all individuals/families, rich or poor, deserve to at least get an opportunity to make their lives more successful. Although the government may not have the power to fix the economy and everything themselves, they can at least provide that opportunity for the American citizens. A hard laborer with minimum wage may be working hard not smart, but that does not mean they don't have the potential to work smart. I believe that as Americans we should make sure that they can fulfill that potential.
Sami Perez

Romney Energy Agenda Shifted - NYTimes.com - 5 views

  • energy-efficient car of the future
  • Romney is far more apt to talk about oil drilling than energy-efficient cars.
    • Sami Perez
       
      are these beliefs real or just for the campaign?
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  • He has presented a plan to open up more land and coastline to oil and gas drilling, grant speedy approval to the Keystone pipeline to transport crude oil from Canada to the United States, end wind and solar power subsidies and curb regulations that discourage burning coal for electricity.
    • Sami Perez
       
      as president, would he do things like this or like he says in his campaigning?
  • “concluded the costs imposed on the economy would be too high.”
    • Sami Perez
       
      so is it a game or an election?
  • He populated his Massachusetts administration with environmentalists, including one, Gina McCarthy, who now runs the clean air division of the Environmental Protection Agency under President Obama. He railed against the “Filthy Five,” high-polluting power plants in the state. He issued a “climate protection plan” and lauded it as “among the strongest in our nation.” Under his direction, Massachusetts helped create a regional cap-and-trade program — anathema to most Republicans — intended to cut the greenhouse gas emissions that scientists believe cause global warming.
  • Today in Massachusetts, environmentalists credit Mr. Romney with helping to promote smart growth and reducing air pollution by putting in place tough regulations curbing certain toxic emissions from power plants. They also praise him for signing into law a bill embracing oil spill prevention measures. But many feel betrayed by his surprise reversal on the climate change pact.
  • He was ahead of his time and very progressive
    • Sami Perez
       
      it seems true romney is very much a liberal conservative, while campaigning romney is solely conservative
  • George Romney turned the company around by marketing the Rambler — a boxy, no-frills but fuel-efficient vehicle.
    • Sami Perez
       
      is non-green business even good for the economy? is Romney's new republican view actually beneficial in any way?
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    Romney's energy views
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    In this article, Romney expresses views on energy that oppose actions he made towards conserving energy in the past as state Governor. This seems to go along with a theme of wishy-washyness of beliefs that Romney displays throughout his campaigning this election season. Do you think that his lack of faith in his "beliefs" he is campaigning for will affect his presidency if he wins the election?
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    I feel like in a way his lack of faith in his beliefs make him seem less confident and secure. The perception he is giving to the people is confusing because relating this to Abby's article about how he and Paul Ryan feel extremely confident in winning the election. This is problematic. The way I see him at least is not confident.
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    What Romney's wishy-washiness says to me is that he really, really wants to be president. His own ideals matter much less to him than picking the views that will appeal to the most voters. This could be seen as a good thing or a bad thing; he's either not faithful to anything, really, or he is willing to cater to the needs of the majority.
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    Romney's back and forth ideals also concern me Yadira. I want a president that is totally confident in his beliefs and doesn't sway. I don't think it has to do with him not being confident necessarily but I think it makes him look less trustworthy. I think this will make voters feel uneasy...
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    This is an incredibly drastic change between two Romneys which I agree makes me a feel a bit uneasy. That being said, as a generalization, I take the standpoint that having him changes his views some to be more likely to win the election is not necessarily a bad thing. Assuming he continues to do this if elected, it means that he will be acting to serve the more, or at least what he believes to be, the more popular vote on select issues. I do wonder if he hadn't changed his views on this matter where we would be in the election right now. Would he lose voters because they don't agree with his energy policy or gain democratic voters who are looking for a strong stance on clean energy? Would the republican voters be upset enough about his energy policy to truly not vote for him or would his other republican positions outweigh it and not make him sacrifice many votes at all?
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    I can't blame Romney for changing his opinion on investing in green energy, just look at how terrible government investment in green energy has come. He does still believe that green energy is good, but wants the government to stay out of it for obvious reasons. Yes, he is shifty, but so is every politician that has ever existed ever. For instance, Obama promised not to raise taxes on the middle class, but he extended the bush era tax cuts and not to mention set up ACA to require about 1 trillion in tax revenue when he only increased taxes by 550 billion. Obama says lots of things that he also has no intention of following too, this 550 billion increase isn't going to come at no cost to the middle class. What all politicians say and do are very different things.
Danielle Polevoi

Week 10: Obama Takes Early Lead in Hurricane Sandy World Series : The New Yorker - 1 views

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    This article talks about Obama's calm and collected response to the upcoming storm hitting back east. Obama has expressed concern about the storm to America but not in a panicked manner. I think made the right move by not focusing on the election here but rather everyone's safety. Having a president who makes Americans feel safe is important. One question that I have is will the weather affect the polls next week? 
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    I actually really enjoyed this article just in the way it was written. There have been a lot of articles on how it will affect the polls and for the most part there seem to be losses for both candidates. I think Obama handled the situation well but I think it could go either way if it will gain him support for his efforts off lose him support from the suffering people will be going through
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    I agree, I think it was a smart idea that Obama did not panic about the storm. I think if here were to have, then that would have probably stressed the people out making him seem unprepared for this disaster. I think this would have had an impact in the polls, but since he took the news of the storm in calm manner that I do not think it will affect the polls.
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    I think the storm was really interesting because it makes people forget about politics for a second and think about life. It turns from Republican or Democrat to life or death, so people's minds must be really turned around right now. I think Obama's gentle care - and if he continues to have success in calming the people - will be majorly to his advantage because he helped people in a time when their lives were at threat. This seems more memorable than a critical TV campaign, so I'm thinking the storm will help Obama if anything.
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    Well, if Obama didn't do anything about the storm, then he would have probably lost votes in a lot of states affected in the area. Just look at how much bad press Bush got after Katrina. Obama needed a standing for America moment after skipping out on national security matters to go on TV.
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    I think people will always like a candidate that tends to pressing issues instead of campaigning because this is another sort of campaigning: actions speak louder than words! Obama made the right move in helping with the hurricane, but it was a political decision as well.
Danielle Polevoi

Lexington: Deeds, not words | The Economist - 1 views

  • Many voters do want the president to speak more forcefully to foreigners, especially Arabs: Mr Romney is applauded each time he accuses Mr Obama of conducting a global “apology tour”.
  • It also failed, leaving Mr Obama authorising more drone strikes on Islamic militants than George Bush, and nursing abidingly awful relations with Israel’s government.
  • Mr Romney is “Reaganesque”.
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  • he Republican decries Mr Obama for failing to halt Iran’s nuclear programme, mocking him for talking while the centrifuges spin
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    This article talks about Obama's and Romney's responses to the recent violence in Libya. Obama is criticized with not speaking forcefully and being too apologetic in regards to the recent situation as well as some of the recent stuff going on in the Middle East. The article then goes on to say that despite the foreign affairs news, the economy is still the pressing issue of the election (not sure if I agree with that fully).
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    I agree with you that the most pressing issue of this election has been shifted, at the moment, away from the status and future of the economy to the pressing foreign affairs occurring within Libya and Egypt. These riots represent the beginning of an Anti-American movement sweeping through the Middle East and without proper care, the feelings toward the U.S could push the economy to drop even more. This is why I think the most pressing issue of the election has shifted from the economy to foreign policy.
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    If things continue to escalate in the middle east, as they have been lately, than foreign policy will continue to be a major issue in the election. Danielle, I feel like you are right and that most americans will focus on the economy, but the two issues are intertwined, and bad news for one is bad news for the other if things continue to escalate. How much money are we willing to spend dealing with other countries? We already have out of control spending, but if things get worse then we will have to decide what is more important to our country: security, or money.
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    What seems frustrating to me about this whole situation is that both sides seem to be using Libya as an excuse to say "look at me, look at how good I am at foreign policy!" I wish that they would work together to actually solve problems instead of trying to prove what good problem solvers they are.
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