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Obama vs. Romney 2012

A brief presentation on the 2012 US Presidential election as well as an overview of how it effects Canada
by

Zach Bist

on 13 November 2012

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Transcript of Obama vs. Romney 2012

United States Presidential Election 2012 Barack Obama vs. Mitt Romney Barack Obama Mitt Romney The Choice US Election 2012
A Special Briefing -A 20 page special report on the issues shaping America's election -Article touches upon many issues such as taxes, spending, the public deficit, unemployment, trade, health care, education and immigration -From the October 6, 2012 issue of "The Economist" magazine History of the Presidential Election How It Works -USA uses the Electoral College System for its presidential election -Citizens cast their votes, however the candidate with the most votes does not necessarily win the election -Each individual state plus the District of Columbia has its own number of votes depending on its population -Winning 270 (half of the 538 electors plus one) votes wins the election The President -Since 1945, Democratic presidents have combined for a total of 8 terms while Republicans have combined for a total of 9 terms -In order to run for president you must be:
at least 35 years of age
a natural-born citizen
a permanent resident of the USA for at least 14 years 2009 2001 1993 1989 1981 Bibliography/Works Cited http://www.slideshare.net/acordova/the-us-election-explained-presentation-695681 http://candychang.com/parties-in-power/ http://4.bp.blogspot.com/-AZIQTh3Sy48/ThNVG_WRqKI/AAAAAAAAC5Q/WaNQV_Qo-TU/s1600/2008-electoral-college-results1-1.gif http://elections.nytimes.com/2012/electoral-map https://lh3.googleusercontent.com/-C53aE5sX_UE/UIg6mw-rKLI/AAAAAAAASU4/tlVshBEwDW8/everything%2Bto%2Bplay%2Bfor.jpg Latest Polls (as of October 27, 2012) Short Biography http://www.biography.com/people/barack-obama-12782369 Born: August 4, 1961 in Honolulu, Hawaii The 44th and current president of the USA
First African-American president
Inaugurated January 20, 2009
Son of a white American mother and a black Kenyan father
Attended college at Columbia University and Harvard Law School Achievements While in Office 1. Passed health care reform 2. Passed the stimulus 3. Ended the War in Iraq 4. Eliminated Osama Bin Laden
5. Passed Wall Street reform http://www.washingtonmonthly.com/magazine/march_april_2012/features/obamas_top_50_accomplishments035755.php Barack Obama's Stimulus Package Total = $787 Billion included in the economic stimulus package
$288 Billion in tax cuts
$224 Billion in extended unemployment benefits, education and health care
$275 Billion allocated for job creation using federal contracts, grants and loans Do you think that the economic stimulus package was successful in kick starting economic growth within the United States? Taxes, Spending and the Deficit Regulation, Trade and Job Creation Health Care Education and Immigration Energy and the Environment Foreign Policy Social Values Do you think that Barack Obama should be re-elected for a second term? Why or why not? The economy is the single most important issue in voters' minds

Barack Obama pledges to create 1 million more manufacturing jobs

Both Mr Obama and Mr Romney agree that corporate tax rates need to go down (including state taxes the US ranks highest in corporate tax rates among OECD countries)

Obama's plan is to cut the federal corporate tax rate from 35% to 28%

Mr Obama also plans on continuing to tax companies' overseas profits

In terms of individual tax rates, Mr Obama wants to revert back to 2001 norms by taxing the top two highest earning brackets with 36% and 39.6% tax rates -Since taking the oath in 2009, unemployment has risen under Barack Obama (from 7.8% to 8.1% in August 2012)

-An October 2012 check shows that the unemployment rate in the US has fallen back to its January 2009 percentage

-Did Obama really create 1 million new jobs?

-Further research on an article in Bloomberg suggests that Obama has created a NET of 125,000 jobs since being inaugurated http://www.bloomberg.com/news/2012-09-27/payroll-revisions-signal-economy-has-created-jobs-under-obama.html By: Zachary Bist Mr Obama's economic plan breaks down into four main parts: increasing infrastructure investment, hiring more state and local workers, doubling the size of the payroll cut and new incentive policies for smaller and start up businesses

In his first term, Obama enacted many new (albeit costly) regulations

Another one of the president's achievements is the Dodd-Frank act which allows the government to take over financial institutions other than banks without resorting to bail-outs or bankruptcy

Mr Obama has also signed some bilateral trade agreements with S. Korea, Colombia and Panama

Obama's housing plan (lower lending rates) does not help people live within their means "Health care defined Barack Obama's first term. It may determine whether he wins a second." Nearly 18% of America's GDP is spent on health related services

Baby boomers are retiring in record numbers and so it is unclear as to whether or not America can care for the elderly as they have before

If Mr Obama is elected he will try to implement changes that will move America towards more universal health care coverage

Obamacare's most significant reforms will not be in effect until 2014

Mr Obama has also extended medicaid to cover not just specific groups (i.e pregnant women) but also those with incomes up to 138% of the poverty level (combined total income of $23,050 for a family of 4) Despite being ranked no. 1 in the world for percentage of GDP spent on healthcare, the USA is ranked a mere 37 on the World Health Organizations list of healthcare systems. Why do you think that the USA is ranked so low? One of the disappointments of his first term was Obama's inability to do anything about the conflict between Israel and the Arab world

On a related note, Iran's pursuit of nuclear weapons is an issue in which Obama and Romney agree cannot happen, although Mr Obama is seemingly more submissive than his Republican counterpart when it comes to foreign affairs

Mr Obama plans to withdraw all American troops from Afghanistan by 2014

The majority of people at the polls agree that Barack Obama would do a better job on foreign policy http://www.washingtonpost.com/blogs/ezra-klein/wp/2012/07/06/comparing-romneys-and-obamas-jobs-plans/ Education is an area in which presidents cannot do much to change

According to the article, a second term Barack Obama is likely to have education ranked higher on the agenda than a first term Mitt Romney

Mr Obama created "Race to the Top" using $4.4 billion from the February 2009 stimulus

Also, despite increased federal spending on education, Mr Obama has not been able to solve the problem of higher tuition fees Education Immigration Obama put in place the DREAM Act during his first term as president

Mr Obama has also enacted a plan that grants non-registered immigrants two-year reprieves from deportation (starting this past August) http://www.nytimes.com/2012/10/21/us/politics/romneys-stance-on-obama-reprieves-panics-young-immigrants.html The president wants to end tax breaks for big oil companies, completely opposite of Mr Romney's plans

Under Barack Obama, the contribution of wind and solar power energy has doubled

Although Obama has tried to promote a "greener future" he often contradicts this by also favouring oil and gas exploration throughout the USA

"Mr Obama is championing ambitious fuel-economy standards for vehicles that would result in cars doubling their average fuel efficiency by 2025"

Obama also supports home grown energy as opposed to foreign renewable energy businesses Mr Obama supports:
Abortion
LGBT rights
Equality for all (broadly speaking) Mr Obama has made a point of appointing minorities to important positions throughout the government (i.e the first Hispanic Supreme Court justice) Short Biography Born on March 12, 1947 in Detroit, Michigan Elected Governor of Massachusetts in 2003
Made a run for Republican nomination in 2008 but lost to John McCain
Was a part of the Salt Lake Organizing Committee for the 2002 Winter Olympic Games
Attended Brigham Young University and Harvard Law School Political and Lifetime Accomplishments Signed a health care reform that was the precursor to Obamacare

Was the Vice President at Bain & Company (1978-1984)

Also was a Mormon missionary in Paris for 2 years Taxes, Spending and the Deficit The challenger plans on creating 12 million new jobs

Mr Romney plans on raising defence spending to 4% of the national GDP (from 3%, previously)

As with Obama, Mr Romney wants to lower the corporate tax rate (highest among OECD countries)

Mr Romney wants to cut all income tax rates down a 1/5 (top income bracket would have an income tax rate of 28% from 35%) Regulation, Trade and Job Creation Mr Romney and Mr Obama have very different campaigns when it comes to regulation and trade

Mr Romney plans to replace and repeal Obama's Dodd-Frank Act

As well, Mitt Romney has promised to pursue new trade agreements run according to American rules

Is willing to start a trade war if certain countries (i.e China), "cheat" the system Foreign Policy Health Care Mr Romney wants to strengthen ties with Israel

Takes a radical approach to dealing with enemies

Wants to increase America's allies

Mr Romney is firmly against the possession of a nuclear weapon within Iran's hands

Mr Romney is also against the Chinese, often referring to them as "bullies" or "cheaters" Mr Romney introduced a revolutionary health care system in Massachusetts during his time as governor

Mr Romney wants to transform medicare and throw away Obamacare

According to The Economist, Mr Romney has few plans to expand health care coverage to more citizens in the US

Mr Romney does not want parliament to play a big role in health care Education and Immigration If Mr Romney is elected, he plans on using $25 billion of federal money on federal vouchers for school related purposes

Also, he wants States to have more data available to the public about their children's failing schools

Plans on using more recently developed technology throughout classrooms and have them implemented as soon as he is in office Education Immigration Mr Romney proposes far more radical plans than Mr Obama when it comes to Immigration policies

Plans on immediately deporting over 1 million illegal immigrants from the States

However, he also promises comprehensive immigration reform in order to appeal to the Latino audience Energy and the Environment Mr Romney wants energy independence (i.e self reliance for energy without the use of oil, gas or other resources from foreign countries

The Republican candidate also supports the go ahead of the controversial keystone pipeline, although Obama may secretly support it as well

Mr Romney wants to expand offshore drilling and start prospecting into the icy waters of Alaska

Mitt is extremely friendly towards coal mining workers and companies

Romney also wants to "beef up" nuclear energy and lay off government support for "sharply uncompetitive" power sources (i.e wind, solar) Social Values Believes that gun control laws should not be changed

Is strictly pro-life

His campaign has been quite diverse with minorities although his stance on LGBT rights is vague and unclear In Conclusion.. The outcome remains uncertain and so..I ask "Who would you vote for?"
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