Wednesday, January 25, 2012

State of the Union

Two days ago Barack Obama gave his state of the Union address to inform the nation and members of congress about the current state of the union. According to Obama the economy is recovering, more jobs are being created and unemployment is falling. However the economy is still on a long road to recovery. The United States is still trillions in debt and there is still instability in several industries and  the largest banks in the US are still too large to fail. The state of the union address was mainly about the road to economic recovery. His most important points were that new sustainable jobs should be created to help promote long term stability and companies should be rewarded for keeping jobs inside the US. Personally I feel like the the road to recovery will be achieved by regulation of banks and businesses, jobs in the US and bipartisan negotiation and compromise on a long term, safe recovery plan. 

No comments:

Post a Comment