Letters to the Editor

Your views in 200 words or less

Tag: economy


JOBS: Democrats have better job-creation records

Re: “Liberals lost the ‘War on Poverty’” (letter, 5-26).

The writer’s implied assertion is that conservatives are better qualified to eliminate poverty because they can create more jobs. Let’s look at the record.

Starting with Dwight Eisenhower, there have been six Republican presidents. The only one to have a sterling showing was Ronald Reagan. During his eight years, 16 million jobs were created. Richard Nixon was second, with 9.4 million. Both George W. Bush and his dad fell far short, with 3 million and 2.5 million respectively. Only 3.5 million jobs were created under Eisenhower.

Democrats have done much better.

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ECONOMY: Obama recovery built on low-wage jobs

Re: “Which party is really the dysfunction one?” (letter, 3-26).

The writer quotes President Obama’s rosy economic statistics as if they’re gospel. They’re not.

He tells us the unemployment rate is 5.5 percent, with 7.5 million new jobs created in the private sector and 42 straight months of economic growth. No mention that the unemployment rate is actually around 11 percent with the participation rate so low, 39 percent of the job growth from 2010-2014 was in low-wage industries and economic growth over the past five years has averaged a lackluster 2.2 percent, far lower than normal for a deep recession.

The 7.5 million

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ELECTION: Hold Democrats accountable in November

Most midterm elections are usually a referendum on the performance of the president. President Obama’s approval ratings are in the low 40s. Democrats see that and realize the president is toxic. Many Democratic candidates refuse to be seen with him. Why?

President Obama has been a weak commander-in-chief. In 2011, he pulled out of Iraq prematurely against the advice of the military, which led to turmoil. With a recommended residual force of 24,000 troops, Iraq might still be stable like President Bush left it.

Instead, Obama had to go back into Iraq and forge a coalition to fight the Islamic

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ECONOMY: Democrats hurting the middle class

The Democrats took control of our country about six years ago to create change. At the time, the U.S. middle class was the wealthiest and most prosperous in the world and had developed a good life for the majority of American citizens that had not been experienced in the world’s history.

The Democrats’ “change” has brought a sense of doom to many in the middle class. I took a trip to southern Europe recently that suggested the future of the American middle class.

A past middle-class Spanish citizen hosted a trip in Spain. Christian is a tour guide who has

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ECONOMY: Solution is to help small business

Economic solutions don’t need to be “left” or “right.” Investing in entrepreneurs is the unexplored path to fiscal responsibility. Entrepreneurs are the lifeblood of our economic future: hiring neighbors, building local community, modeling self-sufficiency.

The majority of American corporations consist of 10 or fewer employees. At the end of the day, they take home little to feed their families and are heavily taxed. They don’t get to send out letters pleading for tax-deductible donations.

Yet both left and right spurn them. Wall Street oligarchs wield near monopolistic power, owning our corporate government. They crush small businesses by controlling markets, suppressing

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KRUGMAN: Keynesians should practice what they preach.

Re: “The Piketty panic” (Paul Krugman column, 4-27).

Are there any more self-important groups than those occupying the ivory towers of academia? And Ivy League economics professors are the worst of the lot. Krugman is a particularly great example of an egotistical academic.

Krugman, like all of the Keynesians, thinks that government-enforced wealth redistribution is the key to economic nirvana, but I don’t see them offering up their wealth to the Gods of Big Government. In fact, an Internet search for “Paul Krugman’s house” yields a nice bird’s eye view of Krugman’s digs near Princeton University. As it turns

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ECONOMY: This is what failure looks like

The Obama economic experiment is now in to its sixth year. President Obama and the Democrats have been given our nation’s checkbook. After all of their bright ideas and speeches, it is impossible to come up with any other conclusion than they are failures.

Their economic decisions were all based on a commonly held liberal thought. “All government spending will be added to a multiplier effect. The spending should produce extra growth to the country,” they believe.

They have no proof of this. In the decades and countries Keynesian economics has been tried, it has never worked yet.

In the

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PAY: Raising wage could lead to inflation

Re: Minimum wage

It never ceases to amaze me that so many people have a complete lack of understanding basic economics.

With the exception of taxes and overhead expenses, the price of all products and services is the direct result of the cost of labor.

Someone is paid for assembling the parts to make a product. Someone is paid to make the parts to make the product. Someone is paid to process the raw material to make the parts. Someone is paid to process the soil to get the raw material to make the parts. Someone is paid to design

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