The Stimulus Didn't Work
In February 2009, President Obama implemented an economic stimulus package of $787 billion (Viewpoint, October 7th issue) which was supposed to create 5 million new jobs by the end of 2010. This estimate was subsequently lowered to 3 million new jobs. The administration then said unemployment would peak at 8 percent by the end of 2010 and then recede.
Some officials estimate the stimulus might create/save 2 million jobs, and the current unemployment rate of 9.6 percent could go to 10 percent by year's end and stay near that number for 2011. The real unemployment rate is over 15 percent and includes people whose unemployment benefits have expired and who have stopped looking for work.
The economic stimulus money was wasted on programs that did not create the new jobs promised by Obama. Since the beginning of the Obama economic debacle in January 2009, the national debt as a percentage of GDP has gone from 40 percent to approximately 60 percent, and the national deficit in 2010 is projected to reach about $1.5 trillion.
Obama's economy is a shambles because consumers, who account for 65 percent of our economy, are cutting back on expenditures due to a lack of trust and confidence in the current administration. We need a fresh approach to our economy, and the discontent of the American public should be heard in the upcoming elections in November.
Donald A. Moskowitz
Londonderry, New Hampshire
In a New York Times Magazine story last week, Obama admitted that there never were any "shovel ready" jobs. This is just another example of the horribly shady Obama administration. He didn't even know the facts, since he said he was just told by his staff that it sounded good. Lies never sound good. Shame on Obama and his staff. This will really get the conservatives out to vote.
Last week's withdrawal of the diet drug Meridia marks the latest setback in a long and frustrating quest for a pharmaceutical solution to our national obesity epidemic. Despite millions of dollars spent by drug companies, none of the diet drugs on the market is considered very effective.
This is most unfortunate, because obesity has become the number-one public health problem for our community and our nation, affecting one-third of our population. It's a precursor to heart disease, stroke, cancer, diabetes, and other chronic illnesses that account for more than a million premature deaths each year.
Leading causes of obesity are consumption of fat-laden meat and dairy products and inadequate exercise. This is particularly critical during childhood years, when lifestyle habits become lifelong addictions.
Parents should insist that their schools introduce wholesome school lunch choices and should set a good example at their own dinner table.
The Chilean Miners
As reported in the national news, Edison Pena, one of the trapped Chilean miners (the 12th miner rescued), is a big Elvis fan. He requested Elvis' music be played while ascending from the mine.
Wouldn't it be nice, when all this is over and he has recovered, if someone could give him an all-expense paid trip to Graceland? Oh wait, that's already happened.
What endurance! Thirty-three miners trapped underground in a mine for 69 days, and they didn't panic. Everything was extraordinary about this experience — from the rescue to the cooperation of the people, the government, and the companies that helped save the miners.
But how good will Americans' endurance be if Republicans win back control of Congress in the mid-term elections? How will Americans endure two more years of tax cuts for the rich in these volatile times? How will Americans endure Republicans dismantling everything that President Obama and the Democrats have accomplished in the past two years? How will Americans endure investigation after investigation as in the Clinton administration? These aren't secrets. The Republicans are already boasting about what they will do if they regain control of Congress.
If Democrats, moderates, and progressives stay home on Election Day, they will have no one to blame but themselves if Republicans take power again.
Nevada City, California
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