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• Mitt Romney holds the opinion that the biggest reason for the
success of Americans is their belief in God and their ability to
capitalize on opportunities. Saying that the American DNA is
laced with opportunity, he blames the welfare programs of the
yesteryears for having created a culture of poverty which he
feels is still lurking and threatening to destroy the American
culture.
• Being opposed to the issue of giving cash hand-outs to poor
workers, Mitt Romney feels that a better way of dealing with the
problem is to bring about growth in the business sector, create
jobs and thus generate more income.
• When the state proposed a project with the intention of
overcoming and preventing homelessness and assigned a huge amount
for the issue, Mitt Romney, the then Governor, vetoed the entire
program and reduced the amount significantly for one program
because he disapproved of it completely. However, both programs
would receive funds which would enable them to carry out their
objectives.
• Mitt Romney has suggested three major policy changes namely
requiring the recipients to go to work immediately, eliminating
firms which invest in inner city enterprise zone from paying
taxes on capital gains and awarding tax credits to companies
which hire poor residents and provide them with stable
employment.
• Mitt Romney has also proposed minimum sentences which would
not only be mandatory on criminals but would also be tough. This
is to ensure the reduction of crime through tough measures and
its ultimate crackdown.
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• During his campaign in 2008, Barack Obama voiced a firm
commitment to reduce poverty by announcing that it is through the
conjoined efforts of everyone involved that poverty could be
reduced to half its actual figure during the next ten years.
• Assigning poverty the status of being a national priority,
Barack Obama has supported the introduction of a new Federal
measure of poverty which is supposed to be more accurate and
helpful in tackling its after-effects on the following
generations. Hence, the modern guidelines of federal poverty are
meant to reflect the costs of living and study the various
sources due to which the American families face economic
pressure.
• In order to translate his statements to reality, Barack Obama
outlined a plan consisting of various proposals in a bid to fight
rural poverty. Some of the salient points of his proposals were
development of telecommunication technology in rural America,
improving the infrastructure by investing in water and sewer
system and building small city airports.
• In his urban poverty program, Obama vowed to create twenty
dream neighborhoods in various cities across the country based on
the lines of the Harlem Children's Zone in New York City.
• The urban poverty program has also been designed by Obama to
fight concentrated poverty in American cities by creating more
economic opportunities, recruiting more teachers and making the
profession of teaching attractive by augmenting the salary and
providing support services.
• A noteworthy proposal made by Obama in the direction of
reducing urban poverty was the creation of 'Affordable Housing
Trust Fund' as a result of which 112,000 new affordable units
would be added in the mixed income neighborhood.
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