The Government Needs To Cut The Defense Budget And Divert Funds Into Helping The Poor, Students In Need Of Scholarships And Small Businesses

Barack Obama

The U.S. government sequester threatening programs that benefit the poor, could have been easily resolved, had the defense budget been adequately cut. Other world nations have been cutting their defense budgets during the ongoing financial crisis, but the cuts suggests in Washington are paltry at best.

The real war in the world right now is an economic one and Washington is losing. Other emerging economies such as China, India and Brazil, have made great strides, while Washington continues to focus on military spending. Economic clout has surpassed military might in the world.

Money wasted by Washington on bloated defense budgets and the FBI illegally spying on hoards of citizens while its officials fly, work and live in luxury, could go to helping the poor in America, creating new scholarships to help the next generation of American business people compete in the world and to aid struggling small and mid-sized businesses. Taxpayer money is going to the wrong endeavors and it is weakening the country.  

President Obama Slams Spending Cuts Labeling Them 'Dumb'

U.S. President Barack Obama is angered that $85 billion in budget cuts have gone into effect, due to the much talked about sequester. The president referred to the budget cuts "dumb." However, as much as the president is not in favor of the budget cuts, the government is spending too much money.

Barack Obama

It's a bad sign that even with the economy still facing tough times, members of Congress are unable to compromises, having to force their plans through, as opposed to coming to a mutual agreement. Both political parties are guilty of this.

Black History Month And The Business Place

Barack Obama

As black history month in America draws to a close, the Judiciary Report would like to reflect on the state of life in America for black people. While progress has been made, there is still a long way to go. America has its first black President Barack Obama, which was a major milestone for the nation. More black politicians have gained places of prominence in the Republican party as well as the Democratic party.

In the business sector, things continue to lag behind, as some on Wall Street continue monopolies and "unfair business practices" designed to keep minorities out. Until the business sector follows the law of the land and desists engaging in discriminatory and fraudulent practices against minorities, equality will be but a dream, as an even economic playing field leads to equal opportunities for all - black, white, Hispanic, Asian and all.

Obama And Congress Fighting Over Budget Cuts

Head of the Republican party, John Boehner and President Barack Obama

U.S. President Barack Obama and his fellow Democrats in Congress have been sparing with the Republican party on the issue of spending cuts, set to take place on March 1, 2013 if an adequate deal is not reached. President Obama and his party are against the spending cuts.

While the Republican party are in favor of it, due to the state of the economy. The newest U.S. economic report reveals jobs losses once again. Americans are also spending less, as people simply do not have the cash to spare. Budget cuts demanded by the Republicans would be helpful. So would the tax increases sought by the Democrats. Things are very uneven in Congress with no workable compromise in sight. Congress can do better than this.

U.S. President Barack Obama's State Of The Union Address Is Back On His Message Of Hope

Vice President Joe Biden, President Barack Obama and House Speaker John Boehner

U.S. President Barack Obama's State of The Union address last night contained many claims and promises, but will he be able to make good on them in the current financial climate gripping America. Obama offered examples of what he deems his successes with the U.S. economy.

However, one cannot deny the fact, the financial climate in America is still very bad, as cost of living continues to surge and income and job availability decreases. This is a dangerous combo. At the heart of the matter is a badly damaged economy that spans two presidents. Both went about correcting the damage in different ways, but neither has solved the problem, leaving America in a quagmire. 

New Financial Numbers Reveal The U.S. Economy Is Stagnating Again

President Barack Obama has not had a touchdown with the economy

Newly released economic data reveals the U.S. economy is stagnating again. Everything is up, but not in a good way, as unemployment, gas prices and national debt continues to climb. The efforts of the Obama Administration to tame the ongoing financial crisis via increased spending and more debt once again, has failed to produce fruitful results. Austerity is the way out of the crisis, but it is an option that is not and has not been on the table. 

Mixed News On U.S. Economy Indicates Financial Trouble

President Barack Obama

The U.S. unemployment rate went up to 7.9 percent in January 2013. After Christmas, seasonal hiring ended, attributing to the fall off in employment. 12,000,000 Americans are currently unemployed. Gas prices have gone up again, another burden on motorists in tough financial times. What's odd is the stock market keeps rising, to heights greater than it enjoyed during America's most prosperous times under former President Bill Clinton. Something is off there.