As President Obama said in an address to a community college regarding budget cut plans,”The time for self inflicted wounds to our economy has to be over.” Obama is asking Americans to keep talking about and keep demanding the passing of a bill that will extend reduced taxes.
According to Obama, cutting $4 trillion in spending and raising $1.5 trillion in taxes will be a break through for the middle class. As a student, I am urging others in my community to speak with their representatives and urge them to pass this bill “Drama free.”
The positive affects of this bill will be much greater than the negative and will only be a short-term effort. I agree with Obama in the fact that this will be a huge set back in an economy that is trying to build itself back up.