Education is one of the issues that Obama plans on rectifying. In today’s America, children are failing classes at higher rates than ever, even with the “No Child Left Behind” act, which failed to adequately support and pay teachers leaving over six million middle and high school students reading behind their grade level. This drastically huge amount of students left without proper education raised the number of high school drop outs, resulting in only 70 percent of high school students to graduate with a diploma. Furthermore, between 2001 and 2010 two million qualifying students will not attend college because they will not be able to finance it. (A World Class Education)
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Obama's presidency saw an extended battle over taxes that ultimately led to the permanent extension of most of the Bush tax cuts . Those tax cuts were set to expire during Obama's presidency since they were originally passed using a Congressional maneuver known as reconciliation , and had to fulfill the long-term deficit requirements of the "Byrd rule." During the lame duck session of the 111th Congress , Obama and Republicans wrangled over the ultimate fate of the cuts. Obama wanted to extend the tax cuts for taxpayers making less than $250,000 a year, while Congressional Republicans wanted a total extension of the tax cuts, and refused to support any bill that did not extend tax cuts for top earners.   Obama and the Republican Congressional leadership reached a deal that included a two-year extension of all the tax cuts, a 13-month extension of unemployment insurance , a one-year reduction in the FICA payroll tax , and other measures.  Obama ultimately persuaded many wary Democrats to support the bill, though many liberals such as Bernie Sanders continued to oppose it.   The $858 billion Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 passed with bipartisan majorities in both houses of Congress and was signed into law by Obama on December 17, 2010.  
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Free trade can be described as internationally trading goods without tariffs, (taxes on imports) and other tax barriers (such as quotas or voluntary export restraints). A quota is a limit issued by the government on how much of a certain good or service can be imported into the country. Whereas a voluntary export restraint is an agreement between two countries in which one limits the amount of exports to the other. Yes, these are some wordy definitions, but stay with me here. You're probably wondering, why does this information pertain to me? The answer is, because tariff and non tariff barriers highly decrease how much . citizen's use and how much we get from other countries. The reason we use tariffs and tax barriers is mainly for the government's benefit; if the government taxes imports then they are automatically getting more money. So who loses in this situation? The . consumers who have to pay more for products are those most affected by free trade restrictions. Society in general loses because the losses that consumers undergo are much worse than any gain the government may have. Free trade is like trading on a level playing field; it increases the output on a global-level and allows specialization to take place. Specialization means that nations specialize in certain goods and services that they have a lot of and can produce at a low cost. Consequently, this allows less fortunate countries to export these goods for imports from other countries. They can get more goods at a cheaper price than what it would have cost them to produce the same imported goods domestically. International trading allows the world to consume and produce more than would be possible without trade, creating an opportunity benefiting all countries. This means that everybody wins! Countries are helping each
But as I said in my column earlier this month , just because things look grim today does not mean they cannot get worse. And if they do, Obama’s presidency, despite the missteps and missed opportunities, will seem like an era of honor and decency that Americans willfully cast aside and may never fully regain.
Insufficient oversight is undoubtedly a problem – partly created by budget cutting in Congress. The EPA commits less than 1 percent of its dwindling budget to chemical safety. OSHA has only 267 inspectors for about 15,000 chemical facilities. The Chemical Safety Board now has just 50 employees and responds to just 34 percent of fatal accidents – though, under new leadership, it is trying to deploy to more.