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The following article was published in our article directory on November 22, 2010.
Learn more about SpinDistribute Article Distribution System.
Article Category: Business Management
Author Name: Amanda xzh
Visit to Asia last week, this week's visit to Europe since the mid-term elections, Obama to visit frequently. Despite the setback in the country will be beyond reproach attention to foreign countries, but Obama still needs to show his country's leadership to address the U.S. Congress to agree to his proposal is undoubtedly a huge budget deficit is a good starting point. To stick, the two sides is not possible to reach such an agreement, but did not solve the problems, nor can not be negotiated in the political, to see whether he have the courage.
Today the American public to bear the federal debt accounted for 62% of GDP, the highest in 50 years. However, in large part, this is the result of the recession. If the resumption of economic growth, tax cuts and arbitrary spending many years left a loophole will be plugged. Now, just before 2015, to find the equivalent of GDP2% of the spending cuts and tax increases, will be able to stabilize the federal debt. But with the aging population requires more health care costs and pensions, to 2027, these factors will lead to doubling the federal debt, federal and state governments caused panic.
Solution should be from the Obama and Congress to reach agreement on the beginning of federal debt, for which they should support lower spending and higher taxes, but in general should be inclined to cut spending. Studies have shown that, despite the reduction in expenditure growth in the short term impact on the economy, but it hurt less than the tax increases, but also increase employment for the labor market, while the tax increase but it will inhibit the work and investment.
But setting plans to reduce the deficit and national debt is one thing, but political leaders can reach agreement on whether it is another matter. Obama needs to do two things to change the impossible possible. First, deficits and debt related to the political is not as scary as imagined Obama, Reagan and Clinton had won re-election after a tax increase. Second, the long term, unless the change, the U.S. is heading for bankruptcy. If Obama can not solve these problems, then more Americans, including foreign leaders attending the summit, will he not trust.
Why Barack Obama is no longer as popular as in the past? Because he is too dogmatic or too real, or because he is a socialist, anti-colonial philosopher president? In fact, Obama fails the reason is simple: vanity and narcissism. Obama's narcissism is almost ubiquitous, and he himself, his political policies and his presidency can be used to define narcissism.
Many times the power of Obama as the president of his own, even in the diplomatic arena but also expose it demonstrated his narcissism. This year in April, the Polish president lost in the crash, Obama did not go to the funeral, but to play golf. In the visit to the UK, he was even an iPod to record their inaugural speech gave the Queen a present. November 9, 2009, the whole of Western Europe and the freedom of all people to celebrate the 20th anniversary of fall of the Berlin Wall, but obviously Obama does not know the significance of this day, so he did not attend the commemoration day, but out of time to shoot a video, and "generously" allows Europeans to play in the celebration.
Obama's narcissism is how it formed? Obama has said he likes the feeling of being surrounded by people. Obama said his speech than any speech writers are good at writing, is more than any policy director for specific policies, more than any politician will be used for political leaders.
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