Why Obama is a better choice for America and its middle class.
By Bill Clinton, former President of the U.S., 1993 to 2001, is a Democrat.
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Which presidential candidate is more likely to restore prosperity for the middle class and give poor people a chance to work their way into it? To build a 21st century American economy which creates the jobs of tomorrow, reduces our debt
and maintains our leadership in the world? To keep leading our country forward to a more perfect union, when there are so many forces working to divide us?
Mitt Romney says that the economy is not fixed and if he is elected it will produce 12 million jobs in the next four years. Maybe it’s just a coincidence, but that’s exactly how many new jobs independent business forecaster Moody’s Analytics says will be created if we don’t mess up what the president already has done.
Romney also says that because the debt is a terrible problem, he will cut taxes for everybody by $5 trillion, increase defense spending $2 trillion more than the military has asked for, and tell you how he will pay for it after the election.
Here’s the case for President Obama:
He took office with the economy losing 800,000 jobs a month in the worst financial crisis since the Great Depression. No president could have repaired all the damage he inherited in just four years. But since the private sector job losses ended 31 months ago, the economy has produced 5.2 million private-sector jobs. This year we had the largest one-year drop in the unemployment rate since February 1995, monthly exports are up 41 percent, auto sales and new home starts are at four-year highs, and we’ve added nearly 250,000 jobs in the auto industry since it retooled in June 2009, thanks to the restructuring plan Governor Romney opposed.
The president’s economic plan is better: Making investments in innovation, infrastructure, manufacturing, new sources of energy, education and training, and reducing the deficit by more than $4 trillion, with $2.50 of spending cuts for every dollar of tax increases on the most fortunate Americans.
Governor Romney plans to reduce taxes again on the wealthiest Americans and make large cuts in programs that help the middle class and poor children and spark new economic opportunity. He wants to eliminate the tax credits for solar and wind energy, which boost industries that support about 175,000 good-paying jobs, and helped make Iowa the second-largest producer of wind power in America. He even wants to cancel the plan to double fuel efficiency standards, which will effectively cut Americans’ gasoline bill in half by 2025.
The president’s education plan is better. Investments in early childhood education helped expand Early Head Start and Head Start, and the Race to the Top initiative helped spur nearly every state to raise academic standards. Romney will have to cut these investments to fund his tax cuts.
The president’s student loan reform will help reverse America’s slide to 14th in the percentage of our young adults with college degrees. It lets students pay back federal student loans as a small, fixed percentage of their income, funds Pell Grants and builds on the college tax credit for middle-class families. It ends billions in subsidies to banks serving as middlemen for the student loan program. Governor Romney wants to repeal the law and return $60 billion to the banks, making loans more expensive and harder to repay.
The president’s health care plan is better. The requirement that insurance companies spend 80 percent of their premiums on health care, not profits or promotion, yielded $1.1 billion in refunds to consumers this summer. Health care reform is spurring innovative efforts to control costs, and over the past two years, health care cost growth reached its lowest level in 50 years. Three million more young people are covered on their parents’ policies.
When the law is fully implemented, 30 million people will be able to gain affordable coverage. This is a huge economic issue. According to USA Today, exploding health care premiums prevented many employers from giving their employees a pay raise over the last decade.
What’s the Romney plan? Repeal the law, enabling insurance companies to return to their old pricing policies and leaving millions of Americans with pre-existing conditions without coverage, spend $716 billion more on Medicare providers that even the AARP says is unnecessary, reducing the life of the Medicare trust fund from 2024 to 2016. And cut Medicaid by a third, hurting children, Medicare recipients whose nursing home bills are paid by Medicaid, and middle-class families whose children have autistic conditions, development disabilities and other severe problems which their parents can’t manage without help.
The president is creating a more inclusive, fairer America. He has given young immigrants the chance to stay in America if they go to college or serve in the military. He signed the Lilly Ledbetter Fair Pay Act to help women fight back when they don’t get equal pay for equal work. Governor Romney won’t say if he would have signed it. The president has opposed those who want to restrict access to contraception and eliminate a woman’s right to choose in cases of rape or incest. Governor Romney has endorsed them.
President Obama has met our national security challenges in a rapidly changing unpredictable world with strength, and he’s worked hard to take care of our troops when they come home.
I’m for Barack Obama because his policies will bring back middle-class jobs and incomes and help the poor. They will help us build a modern economy of shared prosperity and continuing world leadership, and his policies will keep us on the road toward a more perfect union.
WHY I CELEBRATE THE LIFE AND WORKS OF NELSON MANDELA. By Chido Nwangwu https://usafricaonline.com/2010/07/15/mandela-why-i-celebrate-his-life-works-by-chido-nwangwu/
Nigeria’s Federal Republic of Insecurity. By Chido Nwangwu, Publisher of USAfrica, USAfricaonline.com and the Nigeria360 e-group. https://usafricaonline.com/2011/12/17/nigeria-federal-republic-of-insecurity-by-chido-nwangwu/ : IF any of the Nigerian President’s 100 advisers has the polite courage for the extraordinary task of reminding His Excellency of his foremost, sworn, constitutional obligation to the national interest about security and safety of Nigerians and all who sojourn in Nigeria, please whisper clearly to Mr. President that I said, respectfully: Nigerians, at home and abroad, are still concerned and afraid for living in what I call Nigeria’s Federal Republic of Insecurity. FULL text of commentary at USAfricaonline.com https://usafricaonline.com/2011/12/17/nigeria-federal-republic-of-insecurity-by-chido-nwangwu/
Why Chinua Achebe, the Eagle on the Iroko, is Africa’s writer of the century. By Chido Nwangwu, Publisher of USAfrica, and first African-owned, U.S-based newspaper published on the internet USAfricaonline.com https://usafricaonline.com/chido.achebebest.html
Related insight: USAfrica’s October 17, 2001 special report/alert: Nigeria’s bin-Laden cheerleaders could ignite religious war, destabilize Africa. By USAfrica’s Publisher Chido Nwangwu. https://usafricaonline.com/chido.binladennigeria.html
https://usafricaonline.com/tag/al-qaeda/
• For seasoned insights and breaking news on these issues, log on to USAfricaonline.com and USAfrica powered e-groups including USAfrica at googlegroups. Follow us at Facebook.com/USAfricaChido, Facebook.com/USAfrica247 n Twitter.com/Chido247
USAfrica: As Egypt’s corrupter-in-chief Mubarak slides into history’s dustbin. By Chido Nwangwu. https://usafricaonline.com/2011/01/30/chido-nwangwu-as-egypt-corrupter-in-chief-mubarak-slides-into-historys-dustbin-egyptians-not-waiting-for-obama-and-united-nations/
Obama’s Africa agenda, our business and democracy. By Chido Nwangwu, Publisher of USAfricaonline.com and CLASS magazine and The Black Business Journal
Related and prior reporting on the Jos crises on USAfrica, click here: https://usafricaonline.com/2011/08/16/10-killed-in-renewed-violence-near-jos/
News archives related to Jos, here https://usafricaonline.com/?s=jos
310 killed by Nigeria’s ‘talibans’ in Bauchi, Yobe n Maiduguri; crises escalate. USAfricaonline.com on July 28, 2009. www.usafricaonline.com/chido.ngrtalibans09.html
http://www.groundreport.com/World/310-killed-by-Nigerias-talibans-in-Bauchi-Yobe-n-M/2904584
Trump looks foolish and crazy screaming about Obama’s birth certificates, college records and Muslim connection. By Raynard Jackson
www.usafricaonline.com/chido.ngrtalibans09.html
Why Chinua Achebe, the Eagle on the Iroko, is Africa’s writer of the century. By Chido Nwangwu, Publisher of USAfrica, and first African-owned, U.S-based newspaper published on the internet USAfricaonline.com https://usafricaonline.com/chido.achebebest.html
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VIDEO of the CNN International broadcast/profile of USAfrica and CLASSmagazine Publisher Chido Nwangwu. http://edition.cnn.com/video/#/video/international/2010/07/29/mpa.african.media.bk.a.cnn
USAfrica: As Egypt’s corrupter-in-chief Mubarak slides into history’s dustbin. By Chido Nwangwu. https://usafricaonline.com/2011/01/30/chido-nwangwu-as-egypt-corrupter-in-chief-mubarak-slides-into-historys-dustbin-egyptians-not-waiting-for-obama-and-united-nations/
Tunisia, Egypt . . . Is Nigeria next? By Prof. Rosaire Ifedi https://usafricaonline.com/2011/02/13/tunisia-egypt-is-nigeria-next-by-prof-rosaire-ifedi/
In the light of an icon, my mentor Stanley Macebuh (1942-2010). By Chido Nwangwu https://usafricaonline.com/2011/03/07/stanley-macebuh-tribute-by-chido-nwangwu/
Follow us at Facebook.com/USAfricaChido, Facebook.com/USAfrica247 n Twitter.com/Chido247
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• Nigeria’s bin-Laden cheerleaders could ignite religious war, destabilize Africa. By USAfrica’s Publisher Chido Nwangwu. https://usafricaonline.com/chido.binladennigeria.html http://www.google.com/search?client=safari&rls=en&q=USAfrica+Chido+Nwangwu+al-qaeda+terrrorism+nigeria&ie=UTF-8&oe=UTF-8 https://usafricaonline.com/tag/al-qaeda/ 310 killed by Nigeria’s ‘talibans’ in Bauchi, Yobe n Maiduguri; crises escalate. USAfricaonline.com on July 28, 2009. www.usafricaonline.com/chido.ngrtalibans09.html http://www.groundreport.com/World/310-killed-by-Nigerias-talibans-in-Bauchi-Yobe-n-M/2904584
Related and prior reporting on the Jos crises on USAfrica, click here: https://usafricaonline.com/2011/08/16/10-killed-in-renewed-violence-near-jos/
News archives related to Jos, here https://usafricaonline.com/?s=jos 310 killed by Nigeria’s ‘talibans’ in Bauchi, Yobe n Maiduguri; crises escalate. USAfricaonline.com on July 28, 2009. www.usafricaonline.com/chido.ngrtalibans09.html http://www.groundreport.com/World/310-killed-by-Nigerias-talibans-in-Bauchi-Yobe-n-M/2904584
Trump looks foolish and crazy screaming about Obama’s birth certificates, college records and Muslim connection. By Raynard Jackson
Why Chinua Achebe, the Eagle on the Iroko, is Africa’s writer of the century. By Chido Nwangwu, Publisher of USAfrica, and first African-owned, U.S-based newspaper published on the internet USAfricaonline.com https://usafricaonline.com/chido.achebebest.html
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In the light of an icon, my mentor Stanley Macebuh (1942-2010). By Chido Nwangwu https://usafricaonline.com/2011/03/07/stanley-macebuh-tribute-by-chido-nwangwu/
The greatest Igbo ODUMEGWU OJUKWU’s great farewell in Aba. By Chido Nwangwu https://usafricaonline.com/2012/02/28/the-greatest-igbo-odumegwu-ojukwu-farewell-in-aba-by-chido-nwangwu
USAfrica: Ikemba ODUMEGWU OJUKWU’s farewell in Aba, today February 28, 2012, reflected a fitting tribute, historically meaningful celebration, proper regard and deserving appreciation of the greatest Igbo, in my opinion, to have ever lived (like him or hate him).
I SALUTE Aba (aka Enyimba city), the robust and fearless town I was born, bred and raised, for giving the Ikemba, our Ochiagha, Gburugburu, Oka oburu uzo, dike na ndu ma n’onwu, mgbadike anyi, a hero’s farewell.
To the Ikemba, may your valiant soul rest in peace and dignity.
We will, and I, Chido Nwangwu, will never forget to continue to tell my generation and the next about your towering courage through tempest and thunder; through sorrow, pain, tears, blood…. •Dr. Chido Nwangwu, Founder & Publisher of USAfrica multimedia networks, first African-owned, U.S-based newspaper published on the internet USAfricaonline.com; and recipient of several journalism and public policy awards, was recently profiled by the CNN International for his pioneering works on multimedia/news/public policy projects for Africans and Americans. http://edition.cnn.com/video/#/video/international/2010/07/29/mpa.african.media.bk.a.cnn.
News: At Ojukwu memorial in Dallas Texas, USAfrica’s Chido Nwangwu challenges the Igbo nation to say never again like Jews.
Ojukwu trouble and Ikemba titles. By Chido Nwangwu
• For seasoned insights and breaking news on these issues, log on to USAfricaonline.com and USAfrica powered e-groups including Nigeria360 at yahoogroups and USAfrica at googlegroups. Follow us at Facebook.com/USAfricaChido and Twitter.com/Chido247