Friday, May 24, 2019
Since even before President Barrack Obamaââ¬â¢s
Since even before President Barrack Obamas first solar day in office, all eyes have been on him as a bastion of change and a way to get out of the economic mystery America has gotten itself into.While the most recent presidents would have focused on the economy and how to revamp it, President Obama has taken the old school approach of fellow populist and former President Kennedy had employed during his term. His was a call to the whole population of America as well as to the leaders who direct its course a call for action at the grassroots level of the country, while trying to shed light on his achievements and the direction he wants for argue way, Main Street and the whole country (Shear & Branigin).President Obamas speech focused on the irresponsibility and poor decision-making of Americas institutions and individual attitudes, labeling greed and quick-profits as the culprits to the economic clang (Full Text par 6).He blames the mismanagement of the bigwigs of Wall Street tric kling down to its rank and file memebers, the peoples wanton will to spend, and the insufficient policies of the political science against the greedy behavior of the financial institutions (ibid par 3-7). He claims that these factors were the ones that started the domino-effect recession of America and affecting other countries economies as well.The case-in-point in his speech is that people should be much responsible and disciplined not to live beyond their means and keep on spending and borrowing, but rather to get back to the basic determine of saving and investing, and exporting rather than importing (ibid par 35).He believes that it is about time to lay down a new foundation for growth and prosperity build upon five pillars that will grow our economy and make this new century another American century (ibid par 35-36). His vision is to have America relate as the worlds foremost nation in all aspects, especially economically, and bring back the trust of other nations.While he lamented about Wall Streets and the financial corporate moguls attempts at gaining riches fast (therefore, costing them the future), he laid out his current plans and his plans for the future, though without detail. It was easy to get lost in the speech owing to the many things the President wants done in his term.It was like trying to solve every angiotensin converting enzyme problem that has plagued every past administration in one go. This is not to say that hes bitten off more than he can tidy sum and that hes going to barf all of it in a matter of moments, that is a matter that only the future can say.What his speech suggests, however, is that the soldiery of reforms that he envisions for America is not only a rebuilding of a rock-solid foundation, but also of renovating (though, I believe, not rebuilding as some critics would adamantly point out) the entire house.For sure, the speech has put to light many concerns that the country has had for the longest time, and Whitehous e believes that quick fixes, like those done in administrations past, are not seemly to stop a roof from leaking when the storms come, much less get swept away by the winds and floods (Seib).Whether the presidents visions of a stronger America altogether form to be seen, and, as the speech says, it depends on the people acting whether they can make things happen or not (Full Text par 61-62). A review of his speech tells us that it is up to the government to initiate reforms, but it is up to the people to reform themselves and help the government make the economic operation a successful one.The speech has given people a new insight on Americas current economic situation (perhaps with the ejection of his critics, opponents and those who reviled his act of covering Jesus name) that many are seeing the issue in a different light other than just pointing a flick at Wall Street.
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