Tuesday, September 11, 2012

Why it Matters To Me

On Tuesday, September 11, 2012, The Houston Chronicle published an article regarding our economy and where it might be heading. I am originally from Houston so this paper still remains one that I read on a fairly frequent basis.  I never really have been much into politics till the recession hit us.  I felt it when my pay took a hit, but thank goodness I didn't lose my job.

This article "Why It Matters" seem to jump out at me, saying "read me".  With the upcoming election this is a highly debated subject.  Of course both candidates want to to get our economy back on track, they just have different views on how it should happen.

President Obama's view to create these jobs:  keep taxes low for everyone except of course the wealthy. By spending money on public works and tax breaks for businesses.

Presidential hopeful Romney's view to create jobs: keep taxes low for everyone, including the wealthy, cutting corporations taxes, and encouraging production of oil and natural gas.

Both have good and bad points.  I like both, but also don't like both.

Because this recession to me has not ended, with still about 40% of americans out of work, it is going to be a long road to haul.  This recession even if didn't hit you in your life, you know people that it has.  I have been lucky enough that it didn't hit my family, my close friends or myself.  But I see it everyday in the faces of those that just walk the streets. The people that are standing on the street corners asking for help because they have lost everything cause me to stop and rethink about my views on politics.

These two parties want a positive up swing in job growth with less taxes. I personally like the lower taxes idea.  I am considered part of the lower income middle class.  Does that bother me?  Yes it does.  But until this election is over, that is not likely to change.  It still may not even after the election.

But as I read this article I thought it gave a little more insight in what shape this economy is in and possibly where it might be going.  I am trying hard to follow these candidates but somehow keep getting lost in all the finger pointing instead of the problem solving.