Abortion, tax rates, etc
Obama’s agendas are taking shape in a numbers of ways: The abortion issue is creating an outrage by many of the Catholic voters. First, the upcoming commencement speech at Notre Dame University by Obama is causing turmoil by alumni, professors and other supporters of the school. I feel that this was a huge mistake by the school. Obama’s executive order on Jan 23 2009, reversed the Mexico City policy, a move that clears the way for the federal government to provide aid to programs that promote or perform abortion overseas. What were the Catholic voters thinking about when almost ½ of them voted for Obama. In addition Obama opposes school vouchers which would help Catholic and other private church related schools. Finally. Obama is A supporter of embryonic stem cell research. The logic of these Catholic voters is difficult to explain.
The Republicans are attempting to offer an alternative to Obama’s huge deficits but probably to no avail. Pointing out that after 9/11 income and investment tax rates were cut and 8 million jobs were created with an unemployment rate of 4.5% Reagan cut income taxes by 25% and capital gains from 25% to 20%. A massive expansion ensued. The GOP would not gut our health system, simplify the tax code, open up our Outer Shelf and Arctic Coastal plain to exploration, privatize Fannie and Freddie and define price stability.
The recent G-20 gathering in London produced a multitude of spoiled youths, left wing socialist, anti-capitalist zealots all causing damage to property and causing physical trauma to police and other defense forces attempting to prevent rioting. In my opinion, I would like to see water cannons , dogs, rubber bullets if they were not used, and more severe defense with these thugs and let them know that their behavior will not be tolerated.
Economics professor Michael J. Boskin, in the April 3 edition of the Wall street Journal states that what is not just worrisome but dangerous are the growing trillion dollar deficits in the latter years of the Obama budget. These deficits are so large for a prosperous nation in peacetime-three times safe levels-that they would cause the debt burden to soar toward banana republic levels. That’s a recipe for a permanent drag on growth and serious pressure on the Federal Reserve to inflate, rather than the new era of rising prosperity that Mr. Obama and his advisers forsees.
Gary E. Marsella