Statement Analysis: President Obama on Fiscal Responsibility
President Barack Obama declared April as
"National Financial Capability Month,” to teach young people “how to budget responsibly."
“I call upon all Americans to observe this month with programs and activities to improve their understanding of financial principles and practices,” Obama.
Note the strength of the pronoun, "I" Note "their" understanding and not "our" understanding
“My Administration is dedicated to helping people make sound decisions in the marketplace,” he said.
note that decisions are to be "sound" while in the marketplace.
"Together, we can prepare young people to tackle financial challenges--from learning how to budget responsibly to saving for college, starting a business, or opening a retirement account,” he said.
Note not just to "budget" but to "budge responsibly; Note the use of the word "tackle" indicating challenge. Note order: college business retirement This follows chronology.
“My Administration continues to encourage responsibility at all levels of our financial system by cracking down on deceptive practices and ensuring that consumers are informed of their rights,” he said.
note pronouns. Note "tackle" above, and "cracking down" here. Note "deceptive practices" is not explained in terms of "college, business and retirement" above.
President Obama has increased the national debt by $53,377 per household since taking office and continues to call for increased spending.