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Home » U.S. News » 2012 Election » Economic Issues in the Center of the Presidential Campaign

Economic Issues in the Center of the Presidential Campaign

Posted by: Gerardo Jose Torres Montalvo    Tags:  Economic proposals, July hiring, mitt romney, Obama visits Florida, Obama visits Ohio, Obama visits Virginia, Obama's economic proposals, President Obama, Romney visits Colorado, Romney's economic proposals, US Election, us unemployment rate    Posted date:  August 4, 2012  |  No comment



The economic proposals and critics are now the center of the presidential campaign. Both candidates are presenting their economic proposals and critics in the key states. Obama is accusing Romney on favoring the rich with tax cuts and Romney is blaming Obama for the high unemployment rate the nation is facing.

President Obama has targeted Florida, Ohio and Virginia; he won the three states in the 2008 election. His strategy continues, he assures that Romney’s tax plan would benefit the wealthy and would force the middle-income taxpayers to pay more.

Obama’s visit to Florida is crucial, the Sunshine State has an unemployment rate of 8.6 percent one of the highest in the nation, the Democrats will have to work hard if they want to continue having the State’s support. The Republicans want to regain control of Florida, so they organized their convention in Tampa. Virginia on the other hand has an unemployment rate of 5.6 percent, so the Democrats wont have that much trouble in winning this state again. In Ohio the unemployment rate is 7.3 percent, which is a little bit lower than the national average of 8.2 percent.

Mitt Romney on the other hand centers his attention onto Colorado, a state the Republicans lost in the 2008 election. He planned to make an appearance with other Republican governors, some of which are possible vice-presidential picks.

Romney visits this state after his trips where he met with different foreign dignitaries and went to the London Olympics opening; Colorado has an 8.2 percent unemployment rate which is equal to the average of the nation. He needs to emphasize that he will change the unemployment rate  in order to regain the state’s support.

Mitt Romney’s campaign team has elaborated a video with hard critics against President Obama, blaming him for Florida’s high unemployment rate. The video also accuses Obama on focusing on the Obamacare instead of jobs and says that the president is not concerned about Florida’s economy.

The economic issue will continue in the center of the political debate as the government releases on August 3, the July hiring and unemployment trends. According to several economists the number should be better than the past three months, in which 75,000 new jobs posts were created. In July they calculate 100,000 new jobs have been created. But the numbers are still low compared to the healthy 226,000 average in the first three months of the year.

 

Image Courtesy of   spirit of america / Shutterstock.com


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About the author
Gerardo Jose Torres Montalvo
Gerardo Jose Torres Montalvo
Student of Philosophy and Journalism in Universidad de Navarra, Spain. Interested in world politics, especially in Latin American issue and in political philosophy. I was born in the United States, but raised in El Salvador.



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