To the editor:
Dean Burgess, as always, gets my attention with his talking points, particularly on economic matters (Letters, the Times, Tuesday, Aug. 21).
It is simply inc
orrect that government cannot spend its way to recovery; among several examples, the government economic stimulus known as World War 2 lifted us out of the Great Depression and led the way to 30 or more years of unprecedented economic growth and prosperity.
True, raising taxes may have some adverse effect, but all the Dems are talking about is a 4 percent rise in the top bracket. This will not solve the deficit problem, but is a piece of the answer. A serious program to control Medicare and national health care costs is in the long run the only answer to the deficit. And by the way, the huge annual deficits we see now are largely due to wars, medical benefits and “temporary” tax cuts started by the Bush administration, much reduced revenue collection since 2008 due to the recession, and increased social benefits outlays for the tens of millions of people who bore the consequences of Wall Street’s shenanigans.
Mr. Burgess frets that cutting defense spending will result in job losses. Yes, ‘tis so, but spending the same money on badly needed infrastructure improvements would more than make up for it with new jobs. We simply don’t need to spend as much as the rest of the world put together to safeguard our security and can better improve our security with investments here at home.
Finally, Mr. Burgess rails against the “federal government” as though it were an amorphous alien blob, gobbling our money up, spending even more of it, and spewing willy-nilly onerous regulations on an innocent, unsuspecting public. In fact, Congress appropriates every dollar spent, and neither Democrats nor Republicans have been unable to restrain themselves from running up big deficits.
The GOP also complains about the regulatory burden on business. Bear in mind two things:
The deregulation of the banking and financial markets led us directly into the mess we’re in.
The executive branch can only write regulations with the explicit authority of Congress.
I ask Messrs. Romney, Ryan and Burgess: which ones would you do away with and why?
Clean air? Clean water? Mining safety? Meat inspection? Passenger vessel safety?
Let’s get past the Fox News gloom-and-doom themes and have a real, fact-driven discussion of these very serious matters.
Indian Rock Lane, Essex