President Barak Obama will be making the annual State of the Union address this coming Tuesday, and according to insiders he will call for increased spending in certain areas in the upcoming year. Obama’s argument for increased spending will be that even though the United States is attempting to reduce the budget deficit substantially, certain things, such as infrastructure, education and research, must be targeted for increased spending for the sake and betterment of the nation.In recent days newly elected Republicans have been calling for deep spending cuts in order to reduce the huge US deficit and to try and give people a break from high taxes at a time of economic crisis. Obama will use his Tuesday address to answer his critics, explaining why the US is compelled to make targeted investments to foster the growth of jobs and to help give the US a competitive boost in the international economy.President Obama will not only propose and justify new spending, but he will also propose many deep cuts in spending in other areas. The cuts, however, when combined with the added spending, will not be enough to placate the Republicans, according to those who are familiar with the upcoming budgetary planning.
Alyssa Anderson has been involved in the world of business on several levels for many years. She was the CEO of a start-up high-tech company until its purchase by a global on-line e-business. Alyssa helped formulate marketing strategies for several other companies as an independent consultant, and she has advised local government on methods to achieve appropriate fiscal responsibility. Her opinions are well known through her many editorials which have been published throughout her career in a variety of local and national print media. She has been heard on radio discussing current issues affecting the business community and Alyssa hopes to bring her special brand of commonsense coupled with uncanny insight into her editorial responsibilities as the Business Page editor for Left Justified. Contact Alyssa at alyssa(at)leftjustified.com.View all posts by Alyssa Anderson →