Tuesday, February 17, 2009

Editorial # 2

I found my second Editorial in the Outlook section of the Washington Post on February, 15th 2008. Wooo haha. My second editorial was titled, "Just the Start" by David S. Broder. The editorial is about how Obama has already had some road-blocks in his process to help better the economic problems. The author, David Broder, many times states how the role of President for Obama will continue to get harder now that his Stimulus bill has been approved and how President Obama will have to go to great heights to accomplish his goals that he established. Broder wrote that Obama must think about the future and how we (as a collective body) will be able to pay for the finances that are going into place right now to help our problems. Broder also wrote that many Republicans are not for Obama's actions and that their votes are important as well for further bills. Obama had to campaign for the bill "from Capitol Hill to Indiana, Florida and Illinois, reaching out to Republicans as well as Democrats." Many Republicans (says Broder) believe that the Stimulus bill will fail and that all the money will go to waste. However, Broder then mentioned that former President Bill Clinton, created a first budget and tax package without "a single Republican vote...and the economy soared under Clinton." Broder believes that the outcome could be similar to Cliton's. I found this pretty interesting.

Saturday, February 14, 2009

Editorial # 1

For my first editorial post I decided to focus on the financial problem that the United States is going through and how it is affecting other parts of the world globally. ,The title of the editorial was, “America’s New Rescuer: Japan” written by David M. Smick, located on B7 of the Washington Post. The author believes that the United States will have around 3 trillion dollars invested into debt trying to help companies, and bail out other groups in a sense to try to revive the economy in any way. Mr. Smick wrote that the United States will eventually have to rely on another source of finance to accomplish its goal, given that Obama's bill would pass, (which it did). It was heard that Treasury Secretary Timothy Geithner, stated that he believes that the United States should ask China for help in this time of need since China is financially strong, but Mr. Smick believed differently. Yes, it is true that China has indeed shown a strong system but it too has its financial problems. Mr. Smick believed that instead of going to China for help, that the United States should look into help from Japan who has a "strong, predictable government." Mr. Smick stated, “Japan is a mature, predictable, structurally stable economy," which will help the United States. The only problem he mentioned was the size of Japan, and could it's economy be stable enough to support their country as well as the United State's. After reading the very interesting editorial, I was somewhat persuaded by the author. I really liked this editorial! :)