Letters to the Editor

Your views in 250 words or less

ECONOMY: Nation needs common sense policies

Letter by David S. Tronson, Fircrest on Aug. 26, 2011 at 11:20 am | 78 Comments »
August 26, 2011 2:38 pm

Much blame has been put on one particular political party or movement on the recent debt ceiling debate breakdown which became the basis for Standard & Poor’s downgrade of U.S. debt. This conclusion seems overly simplistic.

Irrespective of the judgment of an agency that so badly botched the credit quality ratings of mortgage securities during the housing boom from 2004-2007, I believe it is time for American citizens to logically question whether either political party in this country has the expertise to truly enact common sense policies that can drive sustained economic growth. This in turn will expand the tax base and help reduce the federal deficit substantially over time.

The key question for America is do we want to become Europe, or do we want to keep the United States a vibrant economic power built on its history of self-reliance, innovation and determination?

*
The News Tribune now uses Facebook commenting on selected blogs. See editor's column for more details. Commenters are expected to abide by terms of service for Facebook as well as commenting rules for thenewstribune.com. Report violators to webmaster@thenewstribune.com.