“When thousands of peoples is riled up to see you
That can arouse ya ego, we got mouths to feed so
Gotta stay true to who you are and where you came from
Coz at the top will be the same place you hang from
No matter how big you can ever be
For whatever fee or publicity, never lose your integrity”
– Nasir bin Olu Dara Jones (aka ‘Nas’)
Long hours on the campaign trail, packed and charged rallies, meetings with campaign donors, countless election strategies and counter strategies all culminating in the announcement of the win and the swearing in ceremony. It’s all usually glamorous and inspiring to most people looking in from the outside. Although the campaign period is extremely stressful and draining on the candidate the really hard work begins once that candidate is sworn into office.
Just ask Barack Obama. After his ‘landslide’ win he embarked on achieving some of his campaign promises and he was successful in some most notably healthcare and Wall street reform. However, there is the big issue that has dominated news in the States these last 6 months (not Osama) have been the budget deficit. Make no mistake, the U.S debt is a serious global issue. While the risk of the U.S defaulting on its debt may be a bit farfetched, given the close linked global economy, it is crucial that they sort out their debt issue. As most economists will confirm the two ways to cut a deficit are either reduce spending or increase taxes. However, both options are politically risky for any American president. (There’s also the increased tax receipts/collections option as a result of economic growth but this is more long term in most cases and highly dependent on economic growth).