You are currently viewing the printable version of this article, to return to the normal page, please click here.

LETTER TO THE EDITOR: Democrats’ economic record abysmal

Question of the Day

Should Congress make English the official language of the U.S.?

View results

More Obama, fewer jobs, indeed ("More Obama, fewer jobs," Comment & Analysis, Monday). With a hugely important presidential election fast approaching, the global economy in chaos, our faltering economy having created a mere 69,000 jobs in May, our government's overstating of April job creation by 77,000 positions simply adds to a consistent pattern of the Obama administration's costly public investment ineptocracy.

Republican candidate Mitt Romney must get tough with President Obama on the campaign trail and in the debates. The main issue, of course, will be the economy. Mr. Obama will continue to push away blame for the economic crash he "inherited." Mr. Romney must remind voters of where the blame belongs.

Jimmy Carter's Community Reinvestment Act and ACORN were largely the cause of the housing bubble, which filled the market with loans to unqualified buyers. Government-sponsored entities Fannie Mae and Freddie Mac blindly gobbled up half the nation's mortgages. The Securities and Exchange Commission turned a blind eye to toxic mortgages, undercapitalized banks and mortgage lenders. Rep. Barney Frank and Sen. Chris Dodd prolonged the bubble until it burst, taking financial markets down with it. President Obama and the Democrat-controlled Congress made the economy worse with their reactionary regulation, government growth, reckless spending and debt.

Prosperity is on the decline in America because government expansion and the welfare state are on the rise. If the welfare state is not turned around, the American bubble will burst and most of us will be working for the ruling class and the state. Mr. Obama is chairman of the Democrats' public-investment money pit, replete with confiscatory taxation.

As president, Mitt Romney surely would lead by pushing government out of the way of private enterprise and the people's business, allowing for the return of economic recovery, growth and freedom from overreaching government intrusion.


Apple Valley, Calif.

© Copyright 2014 The Washington Times, LLC. Click here for reprint permission.

blog comments powered by Disqus
TWT Video Picks
You Might Also Like
  • Maureen McDonnell looks on as her husband, former Virginia Gov. Bob McDonnell, made a statement on Tuesday after the couple was indicted on corruption charges. (associated press)

    PRUDEN: Where have the big-time grifters gone?

  • This photo taken Jan. 9, 2014,  shows New Jersey Gov. Chris Christie gesturing as he answers a question during a news conference  at the Statehouse in Trenton.  Christie will propose extending the public school calendar and lengthening the school day in a speech he hopes will help him rebound from an apparent political payback scheme orchestrated by key aides. The early front-runner for the 2016 Republican presidential nomination will make a case Tuesday Jan. 14, 2014, that children who spend more time in school graduate better prepared academically, according to excerpts of his State of the State address obtained by The Associated Press. (AP Photo/Mel Evans)

    BRUCE: Bombastic arrogance or humble determination? Chris Christie’s choice

  • ** FILE ** Secretary of State Hillary Rodham testifies on Capitol Hill in Washington, Wednesday, Jan. 23, 2013, before the Senate Foreign Relations Committee hearing on the deadly September attack on the U.S. diplomatic mission in Benghazi, Libya, that killed Ambassador J. Chris Stevens and three other Americans. (AP Photo/Pablo Martinez Monsivais, File)

    PRUDEN: The question to haunt the West

  • Get Breaking Alerts