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What makes an effective leader?

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Nadia Russo

on 25 October 2012

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Transcript of What makes an effective leader?

Hometown: Chicago, Illinois Barack Obama Political Party: Democrat Vice Presidential Candidate: Joe Biden Political Experience: In 1992, Barack Obama accepted a position with a Chicago Law firm. The firm specialized in political and civil rights work. He served in the Illinois state senate from 1997-2004. He then served in the U.S senate from 2005-2008, when he was elected as the first black President of the U.S. Barack Obama has served as President since 2009. Background Information: Barack Obama is 51 years old. He was born August 4th 1961. He was born in Honolulu, Hawaii. He is a graduate of Columbia University and Harvard Law School. After graduation, he took a job teaching constitutional law at the University of Chicago. He also worked as a Civil Rights attorney in Chicago. He has a wife, Michelle Obama, and two daughters. In 1985, he was baptized as a Christian. Campaign Issue #1: Taxes: Healthcare: Under Obama's tax plan, 95 percent of families will pay the same amount of income tax as they do now. But for the 5 percent of American families who earn more than $241,900 per year, Obama's tax plan means a large tax increase. Obama's tax plan increases the tax rate for the two highest income levels. Obama's tax plan also increases the tax rate on investment income like capital gains and dividends for families who earn more than $250,000. The president also plans to increase the estate and gift taxes from 35% to 45% on estates worth more than $3.5 million. Currently, these taxes only apply to estates worth more than $5 million. Obama is promising to lower the corporate tax rate from its current 35% to 28%. Forward Mitt Romney Hometown: Belmont, Massachusetts Political Party: Republican Vice Presidential Candidate: Paul Ryan Political Experience: Mitt Romney spent most of his life outside of politics in the business world. In 1999, the Salt Lake City Winter Olympics was falling apart. Because of his reputation as a great manager, Mitt was asked to take over. Mitt helped put together one of the most successful games ever held in the U.S. Romney's success in that role helped him to restart his political career. He entered politics when he was elected Governor of Massachussetts in 2002. He was Governor of Massachusetts from 2003-2007. Obama Romney Campaign Issue #2: Obama Romney Background Information: Mitt Romney is 64 years old. He was born March 12th 1947. He was born in Detroit, Michigan. In 1975, he received his MBA (Masters of Business Administration) from Harvard Business School and his professional graduate degree in law from Harvard Law School. After working as a business consultant for several years, Mitt founded the investment firm Bain Capital in 1984. Under his leadership, Bain Capital helped to start or rebuild over one hundred companies, including Staples, and The Sports Authority. He has a wife, Ann Romney, five sons, and 18 grandchildren. He is a Mormon. Governor Romney's health care plan gives each state the power to create a health care plan that is best for its own citizens. The federal government's role will be to help markets work by creating a level playing field for competition. Romney splits his plan in three main sections. The first is to Restore State Leadership and Flexibility. He feels that states need to be in charge of regulating local insurance markets and caring for the poor, uninsured, and chronically ill. The second is to Promote Free Markets and Fair Competition. He feels that competition between insurance companies will make the companies improve which will help people get better services at a lower cost. The third is to Empower Consumer Choice. He feels that people must have better information to make decisions about their own care.

President Obama's health care plan protects patients by making sure that individuals are able to get coverage for pre-existing conditions, not letting insurers cancel policies when people get sick, and requiring people to buy health insurance or pay a fine. One key part of Obama's plan is it makes sure that 80% of your premium is used for health services and improving care instead of executive bonuses and other non-healthcare related issues. Another key part of his plan is that people on Medicare will save an average of $4,200 in health care expenses over the next 10 years and will now have access to annual wellness visits for free. His plan will also require states to expand Medicaid. And finally his plan will give credits to people who can't afford insurance. The negative is that everyone will be required to buy health insurance or they will have to pay a fine.
Mitt Romney's strategy is to eliminate all programs that aren't necessary so we can finally reduce our National debt. The economy is in trouble. Our National debt has increased over 50% in Obama's 4 years as President. Obama's plan will increase the debt further. The biggest way he wants to reduce the debt is to raise taxes on the wealthy. The problem is that Obama's plan to raise taxes on the wealthy will affect small businesses. The unemployment rate is still very high. When taxes go up for small businesses, they will fire more workers which will increase the unemployment rate. Mitt Romney's tax plan will encourage businesses to hire more people which will lower the unemployment rate and make our economy stronger. He also wants to eliminate programs, like Obamacare, that aren't absolutely necessary. This isn't always easy for everyone, but I feel that the country shouldn't have programs that we can't afford just like I can't get everything I want in life. Mitt Romney did a great job in running a successful business, leading the 2002 Olympic games, and governing the state of Massachusetts. I feel that Obama hasn't done a great job in running the country because our economy keeps getting weaker. Therefore, I think Mitt Romney would make a better President. Under Romney's tax plan, most people's taxes would go down, with tax rates cut by 20 percent across the board which makes the lowest tax bracket begin at 8 percent (2 points lower than the current rate) and cap the highest bracket at 28 percent (7 points lower than the current rate). People earning less than $200,000 would pay no taxes on investment income such as capital gains and dividends, while high income people would keep the current 15 percent rate. Romney would eliminate the estate tax. For corporations, Romney would cut tax rates from 35% down to 25%, three points lower than Obama's proposed rate. Romney says he will make up for his proposed tax cuts by eliminating tax loopholes and deductions. While he has not said which credits he will cut, Romney said he may cap the amount of deductions a taxpayer can claim, at, for example, $17,000. Believe in America REPUBLICAN PARTY DEMOCRATIC PARTY What makes an effective leader? Election 2012 Slogan: Slogan:
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