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Re: “Entitlement mentality 7.0” [Letter, Village News, 9/13/12]


Thursday, September 27th, 2012
Issue 39, Volume 16.


Millard’s claim of the 1940’s as an example of ending the Great Depression is a good one. WWII did effectively end the Great Depression. The debt to GDP ratio was only 120 percent (debt of $260 billion is still part of our $16 trillion debt) There was rationing, price controls and the top income tax rate in 1944 was a whopping 23 percent. As income taxes didn’t come close to paying the debt, people bought bonds. The government was a lot smaller then. Spending dropped off dramatically in the late 1940’s, creating the boom from which President Eisenhower benefited.

Apparently Millard doesn’t realize that the leader of the modern democrat party is a progressive socialist. There has been information published linking Obama family members Advertisement
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to communism (Google his grandfather, father, and mentor Frank Marshall Davis). If there were "regular" progressives, this guy would not have come close to being the party nominee. If you are a "progressive," you should do some research as I’m sure you don’t want to be labeled as someone who has been duped.

I’m sure the "crackpots" Millard refers to are Tea Party folks. What part of reducing the national debt and reducing taxes would Reagan not condone? What part about following the Constitution would Reagan not condone? What part of reducing the size of government would Reagan not condone? But, increasing the debt and size of government, ignoring the Constitution, and raising taxes are part of the agenda of today’s progressive socialists.

Lee Racey


 

1 comments

Comment Profile ImageTerry Leather
Comment #1 | Friday, Sep 28, 2012 at 1:24 pm
Taking a trip down ancient memory lane, part of FDR’s first brain dead approach to solving the depression was to compel businesses to raise prices. He reasoned that this would put more money in the system — of this, I kid not.

Perhaps it would be racist to compare Obama with a pasty white president. Or would I be ablest to compare a disabled president with Obama?

Article Comments are contributed by our readers, and do not necessarily reflect the views of The Fallbrook Village News staff. The name listed as the author for comments cannot be verified; Comment authors are not guaranteed to be who they claim they are.

 

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