Extra Credit Blog: Economic concpts involved during Debate

During the debate between Obama and Romney several economic issues have been brought up such as Mitt Romney's plan such as energy and independence, opening up more trade opportunity, education and skills for success, get us to a balance budget, and champion small business.

Energy Independence is vital for America as right now because we are buying energy such as fuel from the Middle east. This causes gas prices to go up. If America has energy independence we can provide our own prices and create many more jobs. When we open up more trade opportunity we can maximize  our recourses and use it in our self-interest to make more money for the country and conserve important recourses. Education is vital to the US. as it gives students and young adults abilities to make our country better by making themselves useful, understanding our country's problems, and enchanting the united states Education system for the future generations.  Education is also important as it will increase the number of jobs and give people an incentive to work and creative new ideas. Balance budget is also very important to make a stable and reliable economy. Romney's views on medicare and taxes will balance the budget. He also wants to champion small businesses by reducing taxes on job creation, stop the increase on regulations that tangle job creators, and replace obama care with real health care. This is Romney's economic plan. This will increase more businesses that will increase jobs and help improve the economy.

Some of Obama's plans were similar to Romney's and some not, Obama's spending plan was to invest in education and training which will give is a new source of energy here in america.