Tuesday, November 20, 2012

Gone are the days





San Mateo  Daily Journal


  Local News

  State / National / World


  Opinion / Letters


  Arts / Entertainment




  Submit Event

The print edition in its entirety. Click here to see it.

Letter: Gone are the days

November 19, 2012, 05:00 AM


Gone are the days when former President Dwight D. Eisenhower launched bold government programs to cover a country 27 times the size of Germany with a network of interstate highways. Gone are the years when former President Lyndon B. Johnson declared war on poverty and enacted federal laws declaring that there could be no second- or third-class citizens, regardless of skin color. And gone is the spirit of renewal after former President John F. Kennedy’s visionary promise to send Americans to the moon within a decade, a program that would cost taxpayers billions.

That’s when an ultimatum expires. That is known as the “fiscal cliff,” which Democrats and Republicans set for themselves after the dramatic failure of their budget negotiations in the summer of 2011 so as not to drive the world’s largest government budget against a wall. If both sides can’t agree to a joint solution, budget cuts and tax increases will automatically take effect on Dec. 31, which will massively reduce the deficit by $900 billion.

President Obama has announced that he will veto any proposal that doesn’t include higher taxes for the rich. Now the United States alone, one government alone, owes that much money to the world! And of course, the rest of the world, they owe their governments too because they’re all operating on deficit spending.

Ted Rudow III, MA

Palo Alto

smdailyjournal.com User Agreement

Home Local News State / National / World Sports Opinion / Letters Business

Arts / Entertainment Lifestyle Obituaries Calendar Submit Event

Comics / Games Classifieds DJ Designers Archives Advertise With Us Contact Us About Us

©2012 Daily Journal - San Mateo County’s homepage


No comments: