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Obama is not deficit-neutral, period!

Reader Input
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(This is a) response to Patricia Grenfell (Reader Input, Dec. 28) regarding my Dec. 22 letter on “extension of payroll tax cuts.” I don’t normally respond to those with differing opinions, but Ms. Grenfell had some very erroneous statements in her letter. Yes, the bill passed, which will be funded by higher fees on Fannie Mae and Freddie Mac mortgage loans. Ms. Grenfell calls them fees, I called them taxes which she says is incorrect; an added “fee” to anything is an additional “tax,” pure and simple. I don’t care what you call it, the government is taking more money away from the taxpayer. That, to me, is a “tax,” period! You say that (President) Obama likes to keep his legislative actions “deficit-neutral.” And you say if you spend, you must pay for it. And you further say that Obama, “your leader,” was still determined to not increase the deficit, that’s why he allowed the increased fees on Fannie and Freddie mortgage loans. Then you say, “Well, at least those folks who could afford a new mortgage weren’t destitute – most likely many are in the middle class.” What kind of statement is that? So you punish anyone that can afford a new home by making them pay higher taxes? Sounds like class warfare and that thought process is exactly one of the reasons this country is broke. To say that Obama keeps his legislation actions “deficit-neutral,” are you kidding me? Excuse me, but last I checked we have a $15 trillion-plus national deficit. Bush spent like a drunken sailor but your guy Obama is spending like a drunken sailor on steroids! In the three years that Obama has been president he has increased the deficit by $4.5 trillion. Bush in eight years raised the deficit by $4 trillion. Both drunken sailors, but obviously Obama is not a deficit-neutral guy! And he plans on another $1.1 trillion in deficit spending for 2012 by raising the “debt ceiling” again. The folly of the left’s tax elixirs is to assume that high taxes are the path to prosperity and an antidote to curtail deficits. Neither are true. Never in the history of the world has a tax-and-spend policy created a prosperous nation. Never! And as Adam Smith warned, raising taxes in a recession makes as much sense as a shopkeeper raising prices in a sales slump. Steve Cavolt, Auburn