It is 5 days until the 2012 presidential election. By now, I am sure you know who you are going to vote for. So do I.
Like my title states; I am not voting for Obama.
I have no doubt President Obama worked as hard as possible. I also don’t doubt his love for America. He gave it his all and it didn’t work out the way he wanted it to. And that’s okay. It’s one of the reasons why we have a presidential election every four years, to support the candidate you think will do the best job. It’s also one of the reasons that makes America a great country. We don’t serve our President; our President serves us. And sometimes we vote the wrong guy into office.
On the up shot that you are still undecided in your vote; perhaps my reasons will convince you not to re-elect President Obama. Rather, I hope you will vote for Mr. Romney instead. Say what you like about my reasons, but President Obama has done a poor job as President of the United States of America.
First of all, How has America changed in the last 4 years? Not a whole lot. At least, not a whole lot for the better. Joe Klein from TIME magazine said it pretty well, “persistent unemployment, slow economic growth, no long-term deficit-reduction plan, [and] an increase in government regulation;” these are just a few of the failures in Obama’s presidency thus far. By no means a Romney supporter, Klein goes on to say “Indeed, the President actually said at one point [in the second presidential debate] that he needed a second term to continue the things he had started in the first term. Which raised the question, What if you’re a voter who has had a lousy time the past four years?”
Secondly, Obamacare is bad policy. Now I am not against healthcare reform. Nor am I against trying to make it more accessible to American citizens (I am pretty sure Romney isn’t either). I am against the manner in which President Obama has sought to resolve the issue. By mandating everyone have health insurance otherwise they must pay a “tax”, this policy significantly deters any small business from expanding and hiring people to create job growth. Correct me if I am wrong here, but if you’re a small business that has 50 or more employees, a stipulation in Obamacare says that you must provide health insurance for all your employees. And if you don’t then you owe the government $2,000 every year for every employee you have. So if you have 50 employees and don’t give them health coverage, you owe Uncle Sam $100,000. AND, the penalty tax goes up every year you fail to comply.
I don’t know a whole lot about the economy and tax rates and what not, but this just seems like anti-commonsense to me. If you’re a small business, why would you ever want to grow bigger than 50 employees with this law. You’ll either pay $100,000 a year for not providing health insurance. Or you’ll pay a lot more to avoid the penalty and give your employees health care coverage. You could say at least people will be insured. And I’ll say no you won’t because no one is going to hire you because you cost too much to employ. This policy is a lose-lose for businesses and individuals.
Finally, Obama and Romney’s deficit reduction philosophies are fundamentally different. You may like big government and the entitlements and social programs that it can provide. That’s fine. But those programs take money to pay for them. To be more exact, they take your money to pay for them. Personally, I don’t think it is the government’s role to provide these programs, but that’s beside the point. The point is that these programs are adding to our national debt at a rate that could make our economy look like Europe’s if we don’t do anything about it. Obama wants to raise taxes on the rich to reduce the deficit, but not reduce spending. At least not serious spending. As Paul Ryan pointed out in his debate with Joe Biden, even if you tax Americans at 100% it still fails to cover our national deficit. Raising taxes is not a sufficient solution. Certainly, Romney won’t eliminate taxes. But he also realizes that you just cant spend money without having it. Which is why he will make spending cuts. Obama won’t. Through my eyes it looks like Obama wants his cake and eat it too.
Romney, on the other hand, wants to lessen tax rates on businesses and individuals to increase government revenue. How does that work? Well, the more money people have, the more money they spend and the more money they pay toward taxes. Rather than just flat out tax people more without promoting the economy, like Obama wants to do; Romney wants to encourage the economy by taking Uncle Sam’s hand out of individuals and businesses pockets so that commerce will commence.
Furthermore, Romney has spent a lot of time saying how he will incentivize companies to stay in America to promote job growth, which will consequently increase government revenue. A good model for how this could look is the city of Los Angeles. In 2010 LA’s city council passed a bill that gives new businesses a 3 year “tax holiday.” Meaning any new businesses that move to LA between 2010-2012 won’t pay taxes for the first three years they are in the city. As a result LA now has a higher tax revenue and more jobs. And they have not made any significant changes to their budget. I don’t know if Romney will do something like this, but I imagine he’d be more open to do something like this than Obama would. Maybe I’m wrong, and I am just blinded by my bias. I don’t know.
I do know that whatever has been happening the last four years hasn’t been working. Why on Earth would more of the same start working now?
Please vote Romney/Ryan 2012.