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home : opinions : letters May 26, 2016


8/23/2014 1:59:00 PM
Letters: Statistics versus ideology

Editor:

With regard to Dale Gohr's letter of Aug. 17, I will point out that the United Nations is comprised of 193 member states. By no means are "75 percent Communist, Socialist, and/or Islamic governments." (The actual number is 31 percent and most of those nations have strong ties to the US.) Further, the UN Secretary-General who accused Israel of war crimes in the recent conflict is Ban Ki-moon from the very capitalist country of South Korea. It should also be noted that even though President Obama was critical of Israel's strikes against hospitals, schools and UN facilities, he reiterated US support for Israel. At the same time, he was very critical of Hamas.

And though Mr. Gohr seems willing to dismiss them as "drivel," every objective measurement shows that our national economy is much stronger today than when President Obama took office. Those are facts supported by statistics which are infinitely more reliable than blind ideology and unwarranted paranoia.

Gary LaMaster

Cornville




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Reader Comments

Posted: Friday, August 29, 2014
Article comment by: Tired of Hypocrisy

So if you want to know how well people are doing you shouldn't pay attention to how much money they are earning? Wow, who would have thought. Oh wait, it's Mary Jane, never mind.

Posted: Friday, August 29, 2014
Article comment by: Mary Jane

@ Obama...stock prices

So true about the real reason the stock market is booming. But more importantly, the Republicans have nothing to do with prosperity. They are the party of the Robber Barons.

BTW, MHI has been proven over and over and over and over and over again to be nothing but a red herring that Republicans use to bolster their lies about middle class prosperity, which they seek to destroy at EVERY opportunity!

Dale Ruff hit the nail on the head.


Posted: Wednesday, August 27, 2014
Article comment by: Cut through the socialistic garbage

Nonsense, Dale Ruff.

The better measure is median household income. Just google that and you'll see evidence over the past 40 years for what works and what doesn't.

MHI, after floundering in the Carter years, rebounded strongly under Reagan. Say what you will about Reaganomics, the country got richer. A lot richer. It worked.

All the boats floated up with the tide, that's what MHI shows. Not just the rich. Important distinction.

More robust growth during the Clinton years, which featured a pro-growth president working cooperatively with a Republican congress. The results produced a budget surplus, where we were actually paying off the national debt.

What Reagan did worked. What Clinton did worked. Both have this in common: free market capitalism, free trade, reducing burdens on business and job creators, reducing debt, and reforming welfare.

Both reduced the number of people dependent on government. Both created jobs. Prosperity for all.

Contrast that with what we've got now. MHI lower under Obama despite years of economic recovery, tepid is that may be. The labor participation rate (a broader measure than unemployment) is the lowest its been in decades. People are discouraged.

If you want to really understand what's going on, look beyond the demagogues.

Obama and the Democrats will continue to preach income inequality, the politics of envy, and promoting more welfare for votes. That's what works for them, but the evidence shows their policies worsen all this.

The evidence proves what works and what doesn't. Couldn't be clearer how dysfunctional the socialistic economic policies of the Obama progressives are working out for the country.


Posted: Wednesday, August 27, 2014
Article comment by: Obama has little to do with stock prices

The reason stock prices are so high now is largely because the Fed has pushed interest rates to near zero. Obama has essentially nothing to do with that.

This has the effect of propping up stock prices because there's not many other attractive investment choices.

And U.S. corporations have largely been able to weather the anti-business policies from the "you didn't build that" president.

But watch out. Stock prices are way overpriced now based on fundamentals, and the Fed will soon start raising interest rates.

Might be a good time for you stock investors to take a little off the table.


Posted: Wednesday, August 27, 2014
Article comment by: Dale Ruff

Predatory capitalism combines high corporate profits with declining wages.

IN the past 35 yrs, the median wage has fallen 40% while the incomes of the 1% has risen nearly 300%.

Profits are maximized when wages are low wages are low when there is a large army of the unemployed and no representation (through unions for instance) of the working class.

Today, the richest nation in history is also the largest debtor nation in history with a growing subclass of the working poor and unemployed.

This is a result of the natural trajectory of capitalism to concentrate wealth and create more and m or inequality.

The US is tops in GDP but also has the most inequality among advanced nations, creating a two-tiered economy: great wealth at the top and more and more people (mostly working people) falling into poverty.
r
Is the economy doing well under Obama?
The rich are doing well, the rest are not, just as for the past 35 yrs.

So the trend continues, despite the fact that Obama's policies ended the recession and created positive job growth.

Obama did not start the problem, and he has not solved it. The problem is systemic and will take a functional Congress to deal with it and return to a "shared prosperity" rather than one based on declining wages.


Posted: Tuesday, August 26, 2014
Article comment by: Ben Hadd

The stock market is booming as favored corporations thrive. Clearly, Obama has been investing in America.

For example, the $800 million invested in enriching healthcare.gov contractors, coupled with Obamacare mandates, has netted insurance companies about 2 million new enrollees--a cost to taxpayers of only $400 per enrollee!

(Please, naysayers, do not sully this positive news with: "But most of those policies are taxpayer-subsidized with borrowed money!")


Posted: Tuesday, August 26, 2014
Article comment by: Wrong again, Gary

More bad info from Gary, who's seems to be a LaMaster of demagoguery.

The key econ stat to watch is median household income (MHI). Statisticians consider it to be one of the very best and most objective indicators of how the country as a whole is doing. Can't be spun by either side.

And guess what?

It's actually lower today than it was when Mr. Obama took office, and this is several years now into the current economic "recovery".

But don't take my word for it, look it up. Take you all of 5 seconds on google.

So this is indisputable proof Obama is impoverishing the country.

Yet the fact that our economy is still expanding is testament to the power of free market capitalism and the strength of the people of the United States to produce despite the anti-business socialistic policies pushed and promoted by Obama progressives.

But their policies have utterly backfired. These progressives like to talk the politics of envy and divisiveness and social equality, but the results speak for themselves.

The Obama progressives have increased poverty and enormously increased the number people dependent on government and widened the gap between rich and poor.

Gary must've somehow missed all that in his assessment of "every objective measurement."


Posted: Monday, August 25, 2014
Article comment by: Than in 2009, Gary?

Yes, and every objective measurement shows that Oak Creek School is better off today than it was in 2012. But that doesn't mean it wouldn't have been even better off if the district hadn't embarked on its ideologically motivated reallocation of resources in 2010.

Just think about it.




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