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Northwest Voices

Seattle Times letters to the editor

August 17, 2013 at 7:06 AM

How to shrink federal debt

Follow the money

The letter from Michelle Munneke claims that sequestration of the federal budget does not solve the problems of our inefficient tax code and entitlement programs that drive the deficit. [“Northwest Voices: Sequestration and the federal debt,” Opinion, Aug. 13.]

Those two “problems” are actually conservative code phrases for their political agenda. Fixing the “inefficient tax code” means that we should give more tax breaks to corporations and the wealthy on the false claim that these breaks will generate new jobs.

Large corporations are actually responsible for destroying American jobs and shipping them to China and India so that corporate chieftains can gain big bonuses from cost-cutting.

The real job creators in this economy are small businesses and entrepreneurs, and business owners have said that they would get more benefit from regulatory relief than from tax cuts.

Another major driver of the deficit is the military-industrial complex that was first identified by general, war-hero and then President Dwight Eisenhower, a Republican. The United States spends more money on the military than the next 10 nations combined.

What do you do with the huge military we have? Generals and admirals want to have a war to fight, it is a career-builder for them. Politicians begin to think that bombing or invading some country is the instant solution to our problems all over the world.

We can solve our deficit problems, but first we have to follow the spending dollars into the black holes where they disappear.

Martin Collins, Lynnwood

Comments | More in Economy, Politics | Topics: corporations, economy, federal deficit

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