An open letter to President Obama (Part 12 of my response to State of Union Speech 1-24-12)

Rep Michael Burgess response

Uploaded by  on Jan 25, 2012

This week Dr. Burgess provides an update from Washington and responds to President Obama’s State of the Union address.

President Obama’s state of the union speech Jan 24, 2012

Barack Obama  (Photo by Saul Loeb-Pool/Getty Images)

President Obama c/o The White House
1600 Pennsylvania Avenue NW
Washington, DC 20500

Dear Mr. President,

I know that you receive 20,000 letters a day and that you actually read 10 of them every day. I really do respect you for trying to get a pulse on what is going on out here.

The Heritage Foundation website (www.heritage.org ) has lots of good articles and one that caught my attention was concerning your State of Union Speech on January 24, 2012 and here is a short portion of that article:

What’s Missing? Entitlement Reforms – Patrick Knudsen

Conspicuously absent from the President’s address was any acknowledgement of the government’s biggest challenge: the imperative of entitlement reform. This may not be surprising for a President who never tires of finding new ways to expand the federal government. But the omission reflects an unwillingness to face up to “the most predictable crisis we’ve ever had,” in the words of House Budget Committee Chairman Paul D. Ryan.

Runaway entitlements are the principal drivers of today’s record spending and debt. Over the next 10 years, entitlement spending will total about $26 trillion; and in2021, spending on all entitlements will total about $3.3 trillion, nearly the size of the entire budget today.

Spending on the three largest entitlements – Medicare, Medicaid, and Social Security – will outpace inflation and the growth of the entire economy; and by the middle of this century, those three programs alone will spend as much as the total annual average of tax revenue over the past 40 years – putting the squeeze on all other policies (such as national defense and low taxes).

But the President, who must lead the drive for a solution, ignores it. Indeed, his premier achievement – nationalizing health care – will worsen the problem.

Nor can the problem be solved with modest trims around the edges of these programs. They need to be fundamentally restructured. The President’s failure to recognize and speak forcefully to this challenge suggests, regrettably, that his budget will skip it as well.

Even More Spending – Patrick Knudsen

As he has done throughout his tenure, the President keeps finding ways to advocate more spending – just the opposite of what the country needs. He clings to the view that innovation and economic growth require Washington’s direct involvement – without the nurturing and guidance of his progressive politics. He simply does not trust entrepreneurs, investors, and free markets.

He wants to pour more Washington money into education; more into science and research, and high tech manufacturing; more roads, bridges, and high-speed rail such as the ever-more-costly boondoggle in California.

He believes that Keynesian-style deficit spending is still needed to generate more demand and boost the economy – despite overwhelming evidence to the opposite. His 2009 stimulus bill is a monument to this failed economic thinking.

Besides, this spending will have to be paid for, and since Obama has yet to propose a serious reduction to federal spending that means it would likely be through higher taxes or more debt – and both will further drain the economy.

__________________________

You got to take the bull by the horns and reform entitlements. There is no other choice.

Thank you so much for your time. I know how valuable it is. I also appreciate the fine family that you have and your committment as a father and a husband.

Sincerely,

Everette Hatcher III, 13900 Cottontail Lane, Alexander, AR 72002, ph 501-920-5733, lowcostsqueegees@yahoo.com

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