OPEN LETTER TO BARACK OBAMA ON HIS AUTOBIOGRAPHY “A PROMISED LAND” Part 93 NEWT GINGRICH mentioned in book and he helped balance the budget but Milton Friedman said what we really need is a constitutional amendment to limit taxes and spending, not simply to balance the budget!

President Clinton Signing the Balanced Budget Bill (1997)

Newt Gingich Explains How He Balanced the Budget as Speaker of the House

Ronald Reagan Talks About Balancing the Budget on Johnny Carson’s Tonigh…

President Reagan’s Remarks on Balanced Budget Amendment on July 12, 1982

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February 22, 2021

Office of Barack and Michelle Obama
P.O. Box 91000
Washington, DC 20066

Dear President Obama,

I wrote you over 700 letters while you were President and I mailed them to the White House and also published them on my blog http://www.thedailyhatch.org .I received several letters back from your staff and I wanted to thank you for those letters. 

I have been reading your autobiography A PROMISED LAND and I have been enjoying it. 

Let me make a few comments on it, and here is the first quote of yours I want to comment on:

The realignment Johnson foresaw ended up taking longer than he had expected. But steadily, year by year—through Vietnam, riots… and Nixon’s southern strategy; through busing, Roe v. Wade, urban crime, and white flight; through affirmative action, the Moral Majority, union busting, and Robert Bork; through assault weapons bans and the rise of NEWT GINGRICH …and the Clinton impeachment—America’s voters and their representatives became more and more polarized.
   

There are two main things that Newt Gingrich and Bill Clinton teamed up on and accomplished and they were a balanced budget and welfare reform!

The federal government debt is growing so much that it is endangering us because if things keep going like they are now we will not have any money left for the national defense because we are so far in debt as a nation. We have been spending so much on our welfare state through food stamps and other programs that I am worrying that many of our citizens are becoming more dependent on government and in many cases they are losing their incentive to work hard because of the welfare trap the government has put in place. Other nations in Europe have gone down this road and we see what mess this has gotten them in. People really are losing their faith in big government and they want more liberty back. It seems to me we have to get back to the founding  principles that made our country great.  We also need to realize that a big government will encourage waste and corruptionThe scandals in our government have proved my point. In fact, the jokes you made at Ohio State about possibly auditing them are not so funny now that reality shows how the IRS was acting more like a monster out of control. Also raising taxes on the job creators is a very bad idea too. The Laffer Curve clearly demonstrates that when the tax rates are raised many individuals will move their investments to places where they will not get taxed as much.

 I have praised over and over and over the 66 House Republicans that voted no on  raising the debt ceiling before. If they did not raise the debt ceiling then we would have a balanced budget instantly.  I agree that the Tea Party has made a difference and I have personally posted 49 posts on my blog on different Tea Party heroes of mine.

I have posted articles on my blog (www.thedailyhatch.org) about the balanced budget efforts of very prudent people like Milton Friedman and Ronald Reagan.


The main reason we need a Balanced Budget Amendment is to control spending. Milton Friedman was right about that. Notice below that Ron Paul quotes Friedman on this issue.

Ron Paul: Constitutional Amendment Needed to Limit Taxes and Spending

Submitted by bobbyw24 on Wed, 07/20/2011– 07:09in

Congressman Ron Paul (R-Texas) says merely scaling back to 2008 spending levels is nowhere near enough to fix the massive government debt problems.

“As Milton Friedman famously argued, what we really need is a constitutional amendment to limit taxes and spending, not simply to balance the budget,” Paul said in a speech to the House of Representatives made prior to the vote on the “Cut, Cap and Balance” bill. The bill is expected to pass the House tonight, but President Barack Obama has said he will veto it if it clears the Senate and reaches his desk.

What is needed is a dramatically smaller federal government, says Paul. “If we achieve this, a balanced budget will take care of itself,” he says. “We need to cut back at least to where spending was a decade ago.”

Sincerely,

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

President Reagan’s Remarks on a Constitutional Amendment for a Balanced …

PAY IT BACKWARDS: The Federal Budget Surplus with Milton Friedman

How to Reduce Debt and Grow the Economy: Milton Friedman on Budget Recon…
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May 23, 2012 – 7:04 am

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John Quincy Adams a founding father?

June 29, 2011 – 3:58 pm

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July 6, 2013 – 1:26 am

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Article from Adrian Rogers, “Bring back the glory”

June 11, 2013 – 12:34 am

I truly believe that many of the problems we have today in the USA are due to the advancement of humanism in the last few decades in our society. Ronald Reagan appointed the evangelical Dr. C. Everett Koop to the position of Surgeon General in his administration. He partnered with Dr. Francis Schaeffer in making the […]By Everette Hatcher III | Posted in Adrian RogersFrancis Schaeffer | Edit | Comments (0)

“Schaeffer Sundays” Francis Schaeffer’s own words concerning the possibility that minorities may be mistreated under 51% rule

June 9, 2013 – 1:21 am

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