4/20/11

Master of News

Obama defended in discussion on Facebook-based budgets

Barack Obama has recruited in Internet users for the budgetary plans of his government. In a discussion at the headquarters of the Internet network Facebook in Palo Alto, Calif. Obama went before mostly young audience on the side of Facebook CEO Mark Zuckerberg. The debate was broadcast live on Facebook. Obama criticized the proposals of the Republican opponent for the rehabilitation of state budget deficits. These are "more radical than brave," said the U.S. president. The Republicans, in the U.S. House of Representatives, the majority want to save even in social spending. Obama's Democrats want to avoid too many social cuts and raise taxes for the rich.
He aspires to a "balanced" approach, Obama said, and reiterated to Facbook billionaire Zuckerberg his desire to tax reform, "that there are people like me and, frankly, you allowed to pay some more taxes." "I do not mind," said the 26-year-old Zuckerberg, the accumulated thanks to its 500 million people used online network, a personal fortune of an estimated $ 6.9 billion.

Obama called on young people to become politically active and become discouraged in the face of the difficulties can not. The next challenge should be addressed with even harder work, he said. "No matter what political persuasion you have, you get involved, especially the young people here, your generation," said the U.S. president, who during his 2008 campaign strong focus on social networks.

The Assembly on Facebook was the second of several debates in which Obama is currently recruiting at several locations in the U.S. for its budgetary policy. His journey is also a preparation for the presidential election campaign 2012th Budgetary policy has become a major issue in the competition for the voters favor.

On Monday, the rating agency Standard & Poor's credit rating outlook for the U.S. was downgraded. If the U.S. government succeed until 2013 no convincing steps towards fiscal consolidation, could be the world's largest economy, the top ratings "AAA" to be withdrawn. The expected U.S. budget deficit for 2011 is 1.6 trillion dollars. In May the U.S. The current debt ceiling will reach 14.3 trillion dollars, equivalent to about 100 percent of economic output in the country.