Politicians need to work together, find solution
Dec. 7, 2012 at 6:07 a.m.
Editor, the Advocate:
"One hundred senators, 435 congressmen, one president and nine Supreme Court justices equals to 545 human beings out of 300 million that are directly, morally and individually responsible for the domestic problems that plague this country." This statement can be attributed to Charley Reese, journalist with the Orlando Sentinel.
Can our problems be solved in a timely and equitable manner? I doubt it, because we keep voting people into office who refuse to compromise or act in the best interest of our nation. Both political parties are already planning their political strategy for the 2014 elections instead of solving our fiscal problems. Obama claims he wants to compromise on fiscal issues, but he wants to raise taxes on the rich first, then at some "future" date consider entitlements and other spending cuts. The Republicans realize by accepting Obama's tax proposal, they will lose a future bargaining chip in negotiations regarding entitlements and other spending cuts. Obama needs to quit playing political games at the expense of the American people and stop acting like he has a mandate for anything he wants. He should follow the examples set by Bill Clinton, who was very successful in compromising, leading to a surplus economy.
As for the "fiscal cliff" problem, the practical thing is to extend Bush's tax cuts until equitable compromises can be achieved. I would use the Simpson Bowles bipartisan report as a starting point for future negotiations. Also, at year's end, I would return the Social Security tax on individual earnings back to 6.2 percent. The Social Security program is in financial trouble, as revenue collected is less than the outgoing. Since Congress spent all the money in the Social Security trust fund and special Treasury bonds (IOUs) were issued, the government must then fund the cash needed for bond redemptions.
Allen Novosad, Edna