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Says Romeny is "tone-deaf"

November 16, 2011
Toledo Chronicle, Tama News-Herald

Dear Editor,

Mitt Romney appears to be tone deaf when it comes to addressing our nation's debt and deficits. His only test for federal programs - including Social Security, Medicare and Medicaid - seems to be whether or not it's worth borrowing money from China to pay for it.

I'd like to say this to Mitt and every other candidate for President - revenue is not a dirty word. After years of cutting spending so much that we've already hit the bone, it's time to admit this is a revenue crisis and propose solutions that acknowledge as much.

One such proposal is the Wall Street Traders and Speculation Tax Act. This fraction of a tax on risky Wall Street trades (.04%) would raise roughly $40-$50 billion a year in much needed revenue. Sadly, I doubt that Mitt would be willing to do such a thing to his Friends on Wall Street.

Larry Ginter

Rhodes

 
 

 

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