Letters to the Editor

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OBAMA: Spending strategy making things worse

Letter by Don Wilbur, University Place on Sep. 17, 2010 at 10:59 am | 41 Comments »
September 17, 2010 10:59 am

I’m a grandfather who is distressed with President Obama’s changes. A change that many Democrats suggest will lower our standard of living in order to make a “better America.”

A better America? My base income is the near-broke Social Security, which is supplemented by a modest investment portfolio. The investment income is nearly nonexistent because of interest rates being near zero and the troubled stock market.

My house value is deteriorating, and my cars are almost worn out. My children’s employment is shaky. Plus, all levels of government are continually raising taxes and fees. It is obvious my health care is in jeopardy; not even Nancy Pelosi knows what is in Obamacare.

Obama’s solution is to spend the country into prosperity, but the monies largely go to political payoffs, politically correct projects and to bail out our near-broke states while the private sector that creates the county’s wealth and the only productive jobs are denigrated, regulated and taxed heavy.

Now with the excessive government spending and a harassed private sector, the country is almost broke. If Obama stays the course, Americans must adjust their standard of living down to meet the Democrats’ agenda.

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