The 57th United States presidential election has once again predictably narrowed down to only two realistic presidential candidates: the incumbent, President Barack Obama for the Democrats, and Gov. Mitt Romney, for the Republicans. Accordingly, we've compiled the most comprehensive database of their positions on all the topics and all the issues to assist you, the electorate, in casting your vote on November 6. Just scroll down below the introductions and click one of the 29 issues and 12 profile categories to compare the political stances and biographical data of 2012 Presidential Candidates.
• As the country squirms through recession, President Obama's budget plans to reduce the decades of economic inequality that prevails in the United States. By bringing in a progressive tax code which would involve raising the tax rates for the high income category proportionately and increasing the tax cuts and credits of the middle and low income stratum.
• An overhaul of Health care thereby bringing down private health costs is in the agenda. He signed the American Recovery and Reinvestment Act aimed at creating 3.5 million new jobs, making important infrastructural investments and giving tax reliefs to 95% of working class Americans.
• The President aims for a long term plan for the country concerning clean and renewable energy. By developing alternative sources of power like solar, bio fuels, thermal power etc he plans to lessen imports of foreign oil thus reducing existing deficits.
• By focusing on energy efficiency and conservation, and curbing emissions the country would curb deadly pollution thereby playing an active role in climate change issues.
• Obama recognizes the role of children and youth in shaping the quality of America's future demography and thereby supports reforms like 'No Child Left Behind' and improving education in general right from the kindergarten level, giving essential training and skills to teachers and rewarding them for their good work etc.
• He aims to make college education accessible to all who are competent by expanding Pell Grants and initiating new tax credits.
• Obama chooses to cut down on war costs in Iraq and Afghanistan and proposes to keep aside $250 billion to bail out the US financial industry besides the $700 billion already set aside.
• Before his election, Obama said that he would require disclosure of all congressional pet projects and force lawmakers pay for any new spending or tax breaks through new revenue and cuts in other programs.
Johnson, who has been quoted as saying that the country is ‘essentially bankrupt’ and is ‘on the verge of a financial collapse’, believes that the out of control national debt can only be contained by adopting stringent fiscal policies and getting our troops back home from their expensive excursions in Afghanistan, Iraq and other conflict zones around the world.
Massive budget cuts, one of the hallmarks of his governorship of New Mexico, will once again feature strongly in his economic plan, with military spending being the primary target.
If elected, Johnson intends to present a balanced budget to Congress on his first year in office.
“My first promise as president of the United States is submitting a balanced budget to Congress.
That would include a 43%, that would entail 43% reduction in military spending. What’s a 43% reduction in military spending? That’s nuclear warheads from 2,300 to 500 hundred. That’s reducing military footprint on the planet, that’s us being in foreign countries, that’s the conflicts that we’re currently involved in, extricating ourselves from that conflict, that’s research and development, that’s intelligence, that’s the military that are in uniform and that’s the civilian support staff that goes along with that.
Believing that the biggest threat to our national security is the fact that we are bankrupt and if we don’t balance the budget, we’re gonna find ourselves with nothing.”April 1, 2012: Johnson speaking at the Libertarian Party of Ohio State Convention
“I think we should balance the federal budget tomorrow. I think we’re on the verge of a financial collapse in this country. I based that on the fact that we have $14 trillion dollars in debt, that we absolutely cannot repay if we’re racking up $1.6 trillion dollars in new debt this year and years to come.
So, I would advocate balancing the federal budget tomorrow. I'm optimistic. I think Americans are optimistic. We went to the moon, we can balance the federal budget. We can fix this. If we don’t do it, we’re gonna be left with nothing. So all this budget debate here a couple of weeks ago, was about less than one penny of the 43 cents that we need to cut from federal spending. And it turns out with the budget analysis, that it turned out to be less than one one hundredth of a penny. So we’re not addressing the problems that we faced, and that starts with Medicaid, Medicare, reforming social security and defense. And I mean cutting those areas."
April 22, 2011: Johnson on ABC News’ Topline