Obama's Speech 2013

             On Tuesday, February 19, 2013, Barack Obama, President of the United States, presented his State of the Union Address to a joint session of the United States Congress. President Obama began the speech describing several goals that nation already reached - such as businesses having created more than six million jobs, people buying more American cars and our use of less foreign oil. Furthermore, Democrats and Republicans have been working to reduce the deficit more than $ 2.5 trillion dollars through spending cuts and raising the taxes of the wealthiest in America. Additionally, he stated that the housing market is finally healing from the recession in 2007 with the percentage of home purchases increasing close to 50%.
             In addition, President Obama proposed certain solutions for the economy, creating jobs, modifying taxes, etc. Beginning with a plan for deficit reduction, the President stated that both parties must work on the plan in order to reach the deficit reduction of $4 trillion dollars. He also proposed the new tax reform which could help to create more jobs and bring down the deficit. The new tax code will help small business spend more time on expanding and hiring; and also provides lower tax rates for businesses - thus, creating jobs throughout America. As the matter of fact, the President stated that: "Caterpillar is bringing jobs back from Japan. Ford is bringing jobs back from Mexico. And this year, Apple will start making Macs in American again" (Obama).
             Additionally, President Obama proposed an upgrade to our infrastructure, which would bring more jobs which would then lead to the "Fix-It-First" program and Partnership to Rebuild America. More importantly, he also raised the minimum wage to $9.00 an hour so we can tie the minimum living cost and eventually offer a wage that people can live on. Barack Obama also stated that we should invest every available dollar in science, innovation, clean ene...

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Obama's Speech 2013. (1969, December 31). In MegaEssays.com. Retrieved 04:17, April 19, 2024, from https://www.megaessays.com/viewpaper/204803.html