Spending creates deficits

Reader Input
-A +A
Re: “Let’s do the numbers,” (Reader Input, Aug 1). Gary Vogt equated low tax rates as the precursor to the Depression, but from 1920 through 1930, under (presidents Calvin) Coolidge and (Herbert) Hoover, with both houses of Congress majority Republican, our government posted 11 straight years of budget surpluses. The last two years under Hoover, the Congress was evenly split and the deficit spending began. (President Franklin) Roosevelt enjoyed Democrat majorities the entire time he was in office. The Democrats had veto-proof super-majorities in both houses, 1933 through 1940. The debt more than doubled, but unemployment averaged 18.59 percent from 1933 to 1940. Roosevelt’s policies did not resolve the Depression and overall made everything worse. World War II began in September 1939 and the war, not Roosevelt policies, increased our gross national product and ended the Depression. Remember, (President Ronald) Reagan suffered from huge, almost veto-proof Democrat majorities in the House. He also followed arguably the worst president ever, up to that time, Jimmy Carter. The Reagan tax cuts increased government revenues every year, but spending increased faster. If Reagan can be criticized for anything, it is he did not veto enough of that spending legislation. Spending, and only spending, authorized by liberal politicians, creates deficits. Willard Schmehl, Cool