Day 2

On day two of the experiment I have decided to read about the world. The article I decided to pick was on the topic of Obama's $447 billion job plan and the four reasons it will not succeed. It was entitled "A Plan on Job Deserves a Hearing “and was written by Christina D. Romer. I hoped that it would make me more informed about the problems the U.S. is having and about the concerns adults express about the economy." The argument against the plan claims that individual tax cuts won't work because prices of gas and low consumer confidence are preventing people from buying things. Another point raised against the plan is that the plan does not help people who owe more on their houses than their houses are worth because their debt does not allow them to spend. The cost per job being too high and the concern over the deficit holding back the economic recovery are the last two reasons people believe Obama's plan will not work. I am on the fence because I do not understand all the arguments on both sides, but I do appreciate what my parents can do for me by being able to hold a steady job at a time when lots of people want jobs so badly. Also, there is just not enough money to pay the entire world to work.