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Do Now #48: Romney vs. Obama

| November 2, 2012 | 4 Comments
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To respond to the Do Now, you can comment below or tweet your response. Be sure to begin your tweet with @KQEDEdspace and end it with #KQEDDoNow

For more info on how to use Twitter, click here.


Do Now

The number one issue in this election is the economy, and it can greatly affect your future. Which candidate for president (President Obama or Governor Romney) offers you and the country a stronger economic policy, and thus perhaps, a brighter future? Why? Which candidate would you vote for president?


Introduction

On October 16th, a college student asked this question during the second presidential debate between President Obama and Governor Romney:

“Mr. President, Governor Romney, as a 20-year-old college student, all I hear from professors, neighbors and others is that when I graduate, I will have little chance to get employment. Can — what can you say to reassure me, but more importantly my parents, that I will be able to sufficiently support myself after I graduate?”

Governor Romney pins his strategy for job growth on his tax plan. He claims more than half of those jobs, 7 million, would be generated by this plan to cut tax rates by 20 percent for all taxpayers. Growth in the economy, the Romney campaign argues, stems from cutting taxes for high-income people and companies.How would this be paid for? The almost $5 trillion in lost tax revenue over 10 years would be paid for by ending deductions and closing loopholes. Governor Romney argues, “First, my energy independence policy means more than 3 million new jobs, many of them in manufacturing. My tax reform plan to lower rates for the middle class and for small business creates 7 million more. And expanding trade, cracking down on China, and improving job training takes us to over 12 million new jobs.”

President Obama’s strategy is totally different. The focus is on investment – federal investment – and is spelled out in the American Jobs Act. This means spending on infrastructure and job training programs, a tax cut for firms that hire new workers, aid to state and local governments, and a program to rebuild schools. He would end the tax cut for wealthy Americans (enacted by President Bush) and use the money to pay for investment. The $450 billion program was enacted by Congress: a one-year extension of the payroll tax holiday and an extension of unemployment benefits. Congress refused to pass other provisions that the American Jobs Act called for. President Obama argues (at an event in Virgina)
“We need to cut our oil imports in half, create thousands more jobs in clean energy … We need to use the savings from ending the wars in Iraq and Afghanistan to help pay down our deficit and put people back to work doing some nation-building right here at home.”

Which strategy makes sense to you?

Resource

Associated Press segment Obama, Romney Offer Jobs Pitch at Second Debate – Oct. 16, 2012
President Barack Obama and Mitt Romney offered their jobs agenda at the start of the second presidential debate, responding to a college student concerned about finding a job after graduation.


To respond to the Do Now, you can comment below or tweet your response. Be sure to begin your tweet with@KQEDedspace and end it with #KQEDDoNow

For more info on how to use Twitter, click here.

We encourage students to tweet their personal opinions as well as support their ideas with links to interesting/credible articles online (adding a nice research component) or retweet other people’s ideas that they agree/disagree/find amusing. We also value student-produced media linked to their tweets like memes or more extensive blog posts to represent their ideas. Of course, do as you can…and any contribution is most welcomed.


More Resources

KQED News post Transcript and Audio: Second Presidential Debate – Oct. 16, 2012
Transcript of the second debate between President Obama and Republican nominee Mitt Romney, Oct. 16 in Hempstead, N.Y., moderated by Candy Crowley of CNN.

NPR segment Obama’s Jobs Plan Focuses On Federal Investment – Oct. 8, 2012
In the next two installments of Solve This, NPR’s series on the major issues facing the country, we’ll examine each presidential candidate’s approach to boosting employment. First, President Obama’s strategy, then Mitt Romney’s.

NPR segment Romney’s Jobs Plan Relies On His Tax Proposal – Oct. 9, 2012
As part of Solve This, NPR’s series on major issues facing the country, we’re examining the presidential candidate’s approach to boosting employment. After looking at President Obama’s strategy, it’s time to examine the plan of GOP nominee Mitt Romney.

 

http://storify.com/kqeddonow/do-now-round-up-romney-vs-obama

 

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Category: Do Now

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About the Author ()

Maxine Einhorn is from London and has lived in the Bay Area for 12 years. She has worked in adult education in London,UK, for over twenty years as a tenured instructor and department manager. She has an MA in Film and TV from University of London and has taught, moderated and appraised academic work in film studies and media literacy at undergraduate and college level. She runs the ESL/ Post Secondary project at KQED which offers media-rich resources for and created by ESL educators.
  • http://education.kqed.org/edspace/2012/11/02/do-now-48-romney-vs-obama/ SJ

    Obama’s plan to bring manufacturing jobs back to the US, underscores his complete lack of understanding of the economy and job creation. Manufacturing jobs follow cheap labor. There is no possible way for this idea to make a material difference to the economy without either creating more MASSIVE GOVERNMENT DEBT, adding significant taxes to imports (which will create significant increase in cost of consumer goods), or the cost of labor in the US significantly decreasing. All three options are not unacceptable. As a result the US has a significant disadvantage competing in this industry.

    Rather than pursuing a plan (trying to revive the manufacturing industry) that will lead to failure, increase the national debt, decrease the standard of living in the United States, Increase cost of consumer goods and increase taxes, Obama needs to step aside and let someone else lead this country out of the worst economic downturn in US history since the great depression. It is clear that he has no effective plan and no idea on how to get us out of this mess. He has been in office for almost 4 years and he states that if he is reelected that he is “going to”…. (fill in the blank) to create jobs.

    “Going to”? This clearly means that he has not been successful during the past 4 years. His last campaign was won on false promises. His slogan “YES WE CAN!” created false hope and a shattered economy. 4 years ago, I hoped that he could, but the fact is “YES WE CAN” was nothing but lies. YES, YOU COULD HAVE, YOU SHOULD HAVE, BUT YOU DIDN’T AND YOU REALLY DON’T KNOW HOW.

  • http://education.kqed.org/edspace/2012/11/02/do-now-48-romney-vs-obama/ SJ

    Obama’s plan to bring manufacturing jobs back to the US, underscores his complete lack of understanding of the economy and job creation. Manufacturing jobs follow cheap labor. There is no possible way for this idea to make a material difference to the economy without either creating more MASSIVE GOVERNMENT DEBT, adding significant taxes to imports (which will create significant increase in cost of consumer goods), or the cost of labor in the US significantly decreasing. All three options are not unacceptable. As a result the US has a significant disadvantage competing in this industry.

    Rather than pursuing a plan (trying to revive the manufacturing industry) that will lead to failure, increase the national debt, decrease the standard of living in the United States, Increase cost of consumer goods and increase taxes, Obama needs to step aside and let someone else lead this country out of the worst economic downturn in US history since the great depression. It is clear that he has no effective plan and no idea on how to get us out of this mess. He has been in office for almost 4 years and he states that if he is reelected that he is “going to”…. (fill in the blank) to create jobs.

    “Going to”? This clearly means that he has not been successful during the past 4 years. His last campaign was won on false promises. His slogan “YES WE CAN!” created false hope and a shattered economy. 4 years ago, I hoped that he could, but the fact is “YES WE CAN” was nothing but lies. YES, YOU COULD HAVE, YOU SHOULD HAVE, BUT YOU DIDN’T AND YOU REALLY DON’T KNOW HOW.

  • http://education.kqed.org/edspace/2012/11/02/do-now-48-romney-vs-obama/ SJ

    In my profession, I have hired literally hundreds of employees during my career. I have been extremely successful in hiring the right talent to get the job done. The reason for this is success is twofold.
    1. I hire people with a PROVEN TRACK RECORD OF SUCCESS and
    2. I don’t hire people with a proven track record of failure.
    This is a very simple and effective concept. I encourage you to reflect on this concept before you cast your vote.

  • http://education.kqed.org/edspace/2012/11/02/do-now-48-romney-vs-obama/ SJ

    In my profession, I have hired literally hundreds of employees during my career. I have been extremely successful in hiring the right talent to get the job done. The reason for this is success is twofold.
    1. I hire people with a PROVEN TRACK RECORD OF SUCCESS and
    2. I don’t hire people with a proven track record of failure.
    This is a very simple and effective concept. I encourage you to reflect on this concept before you cast your vote.