Editor,
Recently President Clinton has been featured in an Ad supporting President Obama. The former President is saying “This election to me …… is who is likely to return us to full employment” ...... the other side wants to “cut taxes for upper incomes and return to deregulation”. ……“Invest in innovation education and job training. It only works if there is a strong middle class. That’s what happened when I was President. We need to keep going with his plan.” These two Presidents policies are no way similar. President Clinton put VP Gore to work looking for ways and means to reduce the size of government; cut agencies and bureaus that were not needed or those that work at cross purposes and reduce unneeded regulation. He also worked with a Republican House and Speaker Gingrich to reform welfare and to curb big government. Remember “the era of big government is over”; “this is the end of welfare as we know it”. President Clinton moved toward the center during his second term. He was able to balance the fed budget – because the power of the purse was with the House Clinton had to go along. I don’t see any of this happening with President Obama, in fact no budget in three years. He has shown he is incapable of learning what works and incapable of abandoning what doesn’t work. Governor Romney sees the need for tax reform as well as entitlement reform. Some will remember how well Reaganonmics worked. In 33 months the unemployed rate went to below 5%, interest rates went to single digits; inflation went to single digits as well. President Reagan’s policies led to job growth and wealth creation – President Obama policies have stalled growth and wealth creation for the middle class. For all of President Clinton’s moral failings – I would much prefer his Presidency than our current one. If the so called Bush tax cuts expire we would go back to Pres. Clinton’s rates which will raise rates for everyone. The scorecard – 12.5M unemployed, Income down, net worth down, 20 US Embassy’s under attack, budget deficits of $1 trillion each of three years, and National Debt now over $16T. Four more years, No -- B.O. must go.
Regards,
John Stiegelmeyer, Vinton
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