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Monday, November 5, 2012

The challenges facing Obama or Romney if win


The task for Barack Obama if he gets his reelection, or for Republican Mitt Romney will begin immediately after Tuesday's election and could determine whether the White House and the Congress will prevent the country from slipping back into a recession in 2013If lawmakers and the new government urgently take appropriate action, a wide range oftax increases and budget cuts will take effect in January, hardening the lives of millions of families and endangering the already weak economic recoveryWin or lose, Obama will remain in office until January 20, 2013, so that the " tax gap "is entirely their problem. But Romney will want to contribute in this matter as the elected president if he wins. The economy , stable but sluggish, top the agenda of the new president and touches all aspects that have dominated the campaign: security for the middle class , create jobs, values, taxes, chance of a better life. The next president may not have to deal immediately with a chaos in the financial sector combined with high unemployment and a fall in the stock markets as Obama had to do since he was sworn in on January 20, 2009. But soon the people will demand results. More than 23 million people are unemployedor working part time when they would like to do it full time, or have stopped looking for work. Obama and Romney have promised to generate a solid rebound in employment, but differ diametrically on how to alter the situation of the labor market. And the world will not wait to test the next U.S. president. The confrontation between Iran and the West over its nuclear program has worsened.Israeli Prime Minister Benjamin Netanyahu warned that the allies have until the middle of next year to prevent Tehran has the capacity to develop nuclear weapons. The United States will be forced to urge their allies, to strictly enforce sanctions and raising the threat of armed intervention to deter the Iranian regime, or risk being drawn into another war. In foreign policy , the occupant of the White House will face the civil war in Syria , the Palestinian-Israeli conflict, the crisis of European sovereign debt , the war in Mexicoagainst drug trafficking and weapons, and the turmoil in the Middle East. The terrorism remains a threat to the country and the Guantanamo naval prison remains open despite Obama's campaign promises. The war in Afghanistan continues after more than 11 years, although the United States and its allies believe conclude in 2014. In January, the new president and his cabinet will have to face a budget reduction of 109,000 million. The president will have to convince Congress to increase again the federal debt limit. U.S. sovereign debt now exceeds $ 16 trillion, the highest since the country's founding. The worst may be the threat of the unknown : a drought, the collapse of a bridge, a shooting or an oil spill. The next U.S. president will have the task of dealing with all this.

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