Open letter to President Obama (Part 200) Rep Womack of Arkansas shares link “Spending is the problem”

 

Milton Friedman said that getting George Bush I to be his vice president was Reagan’s biggest mistake because he knew that Bush was not a true conservative and sure enough George Bush did raise taxes when he later became President. I HOPE THE REPUBLICANS DON’T MAKE THE SAME MISTAKE THAT BUSH DID!!!Below is a speech by George W. Bush honoring Milton Friedman:

Milton Friedman Honored for Lifetime Achievements 2002/5/9

Milton Friedman had a big influence on Ronald Reagan and what did Reagan do when he found the economy sluggish? He cut taxes!!! What does President Obama do? He wants to raise taxes!!

(This letter was emailed to White House on 12-20-12.)

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.

Fiscal Cliff Common Ground

Published on Dec 17, 2012

Senator Boozman discusses the common ground in fiscal cliff negotations.

______________

Rep Womack of Arkansas shared a link on facebook for a story that was posted on the Speaker of the House Boehner’s website. I wish the Speaker would follow his own advice!!!!

Posted by Don Seymour
December 13, 2012
General
 

In the debate over avoiding the “fiscal cliff,” an important point has been forgotten: when it comes to solving our debt, government spending is the problem that must be addressed.

Republicans have offered a balanced, pro-growth solution that would avert the fiscal cliff by making needed spending cuts and reforming our tax code in ways the president previously supported. This kind of plan – backed by a majority of the American people in survey after survey – would help address our debt and pave the way for long-term job growth.

President Obama and Democrats, on the other hand, want to punish small businesses with higher tax rates while increasing spending. The president has demanded as much as four times in tax hikes versus spending cuts, which are dwarfed by new ‘stimulus.’ This isn’t balanced. And it won’t do any good.

The chart above – prepared by Chairman Paul Ryan (R-WI) and the House Budget Committee – shows what happens to projected levels of tax revenue (green) if President Obama’s tax increases kick in (blue), and compares that with recent and projected spending trajectory (red). As you can see, if the president gets his tax hikes, we still face a mountain of spending-driven debt.

Even Democrats like Erskine Bowles admit, “We have to cut spending.” As said on CBS Face the Nation, “Even if you raise the top rates back to the Clinton rates, that only creates about $400 billion over 10 years. That’s $40 billion a year. We have a trillion dollar a year deficit.”

Spending is the problem. Republicans want to make needed spending cuts; Democrats are silent. And that’s why there’s still no agreement on averting the fiscal cliff.

________

_____________

Thank you so much for your time. I know how valuable it is. I also appreciate the fine family that you have and your commitment 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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