Business Economy - The key political issues in this year’s elections include:
· The “war on Terrorism”
· Education
· Social Security
· Health Care
· The “war on Drugs”
And of course,
· Business and the Economy.
Business Economy, as a political issue, covers a broad range of topics from taxation and small business incentives to job development and economic growth stimulators. I can’t speak for everyone, but personally, I can say that I am tired of being unemployed and poor. Prior to the bursting of the Internet bubble, I had a good job with a window office, a six-figure salary, stock options, and a company-paid health care plan. Now, I have the stock options, but of course they are worthless.
Both presidential candidates have their own plans for stimulating economic growth. The key difference between them is that President Bush has already had 4 years to practice his plans for growth, and we really haven’t seen much of a difference.
Historically, American presidents have been able to stimulate the economy simply by going to war. This statement is sad, but true. While most wars are generally unpopular with the people, as a rule they do have the positive effect of giving the economy a “shot in the arm”. President Bush’s “war on terror” – a vastly unpopular war when it comes to a majority of American people (not to mention the rest of the world!) – does not appear to have stimulated the same levels job growth and economic recovery as previous wars have. The Internet Bubble is still burst; we are still at near-record unemployment levels; and rising gas prices have affected not only automotive and travel costs, but the costs of groceries and other consumer goods since those industries depend on the transportation industry to get their products to the store shelves.
The other presidential candidate, John Kerry, has been accused of waffling on various issues, including the war in Iraq. America and the rest of the world watch from the sidelines as each candidate attacks the other on their various shortcomings. The upcoming elections in November will be the ultimate test of who is more believed, and more importantly, who the American voters will assign to clean up the mess we are currently in.
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