Printed letters, October 12, 2012
Dick Todd claimed in his Oct. 3 letter to the editor in The Daily Sentinel that President Obama’s “first term in office should give us a hint of what is coming is he is re-elected.” True enough.
To date: The $814 billion stimulus (which congressional Republicans have called failed) has actually been very effective, saving countless jobs. The overhaul of financial regulations (also derided by the GOP) will benefit all but the money-hungry players on Wall Street. The education bill (another item at which Republicans scowl) will accomplish many needed changes.
The $700 billion bailout program (started by President Bush and carried on by Obama) has been very effective. Helping to complete the rescue of automakers General Motors and Chrysler has saved both companies.
And what has been dubbed Obamacare is far from perfect, but is certainly better than what we had before. The controversial “Don’t Ask, Don’t Tell” policy was eliminated, and an even more discussed bill, the omnibus finance measure that secured the Bush Tax cut for two more years, got a 13-month extension for folks still on unemployment. On the subject of foreign policy and action, Obama hugely increased the number of drone attacks on terrorists and killed Osama bin Laden.
Yes, the Obama administration has accomplished all that and more, despite the well-established fact that Republicans have done everything in their power to shoot down each attempt at progress the administration has made.
Todd’s excellent idea can, hopefully, give the current administration another four years to try to pull this country out of the monstrous financial and ethical hole into which the totally incompetent Bush administration drove us.
Romney’s election may be only hope to avoid disaster
An irresolvable divide is between the ideological opinions of our citizens. Alexander Hamilton mused, “Opinion, whether well or ill founded, is the governing principle of human affairs.”
On the left we have the continuation of progressive policies of big, centralized, intrusive government, legislating wealth redistribution and limiting individual freedoms. American progressive thinking stems from Woodrow Wilson, who first coined the phrase “Living Constitution,” implying that government power is unlimited. This policy always leads to a degree of citizen dependency that no economic system can sustain.
On the right we have constitutional originalists, who believe in limited government and individual liberty and that the interpretation of our Constitution as envisioned by our founders is the law of the land and cannot be easily altered by any current mores of our society. Free market principles are the only path to prosperity.
Among the 19th century Presbyterian minister Henry Boetcker’s “Ten Cannots” is: “You cannot help the poor by destroying the rich.” Destroying the rich seems to be the goal of Obama’s class warfare and wealth redistribution policies. Milton Friedman, Nobel laureate in economics, noted that, “We have a system that increasingly taxes work and subsidizes nonwork.”
Obama’s “Mendacity of Hope” exhausts me. It should be obvious that these two philosophies can’t survive together, and that one must defeat the other. It is compromise that created this situation, that compromise always being that both sides received all of their desired spending.
Our nation is currently borrowing $4 billion a day, expanding our $16 trillion debt at an unsustainable rate. There is a limited opportunity for our economy to avoid a total collapse within a few years. The election of Mitt Romney and Paul Ryan is our last chance to possibly avoid this national tragedy.
Rising prices indicate that nation’s not better off
Are you better off today than 2008? I sure hope so. I am not and it’s getting worse rapidly. Half of my income has been static while the other half has dropped 75 percent and is still dropping.
The real kick in the rear has occurred the last few months. Old Mr. “I” is with us big-time. You know, inflation on items we need to live: gas near an all-time high; oil from 97 cents to $3.19 a quart; meat $1 to $2 per pound and more; eggs 88 cents to $1.73; grapefruit 48 cents to $1.14; an auto battery $54 to $84: a heater thermostat double in price, and on and on.
If you can’t make people think they are in the money any other way, you let inflation take over. Johnson used it, Carter made thousands of artificial millionaires, Clinton used it. It is going to be a rough, rough few years. Sales tax may be going up, but not because I am buying more. I am paying more.
If gas-powered power plants are so cheap, why do our utility bills go up every time another one comes online?
If we are getting better, why are all the welfare programs in town so strapped for resources, as more and more people are in need of assistance?