Tuesday, March 15, 2011

Current Event: Week of November 15th.

“Likely Gridlock in Congress Could Threaten Economy” written by Paul Wiseman for The Boston Globe. Published on November 2nd, 2010.

The article describes how a gridlock in our government is perceived to be helpful to the economy, because laws that could continue to deteriorate the economy cannot be passed. Wiseman disproves this assumption in his article. with the government not making any laws or decisions, the economy is most likely to stay the same. Republicans are saying that retraction the recent financial regulation will help insurance companies and banks. Though the author states that the Republicans will not gain enough votes to pass a veto from the president. he also states that employers may become even more afraid if the government stats to change existing laws. He quoted people with business experience throughout the writing saying things such as “it is impossible that there will not be any uncertainty after the election” and “inaction is dangerous”. lastly, he presented the idea that compromises in the new congress, by lawmakers from both the democrats and the republicans supporting a grand tax bargain, so that they both may claim to make the tax code better for the people.

I thought Paul Wiseman wrote this article very well. he spoke logically and seemed well informed about the subject. he used good and opinionated quotes which could lead the reader into agreeing with his point of view on the topics. He presented facts to support his reasoning which shows that he did not write the article while heated about something he just happened to see in the news.

Original Article: http://www.boston.com/business/articles/2010/11/02/likely_gridlock_in_congress_could_threaten_economy/?page=full

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