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News (Media Awareness Project) - US NM: LTE: Don't Let Editor Head Drug Abuse Task Force
Title:US NM: LTE: Don't Let Editor Head Drug Abuse Task Force
Published On:2002-10-13
Source:Carlsbad Current-Argus (NM)
Fetched On:2008-01-21 22:35:14
DON'T LET EDITOR HEAD DRUG ABUSE TASK FORCE

Editor:

Editor David Giuliani's commentary last Sunday evoked several emotions,
most of them resulting in an inability to hold the paper still enough to
read it. Your contention that the only cure for a government that is unable
to control itself while spending our money is to give it more of our money
was responsible for the majority of those emotions. Do us a favor, Mr.
Giuliani, if the government calls and asks you to head up a drug abuse task
force, just say no! We could not afford all of the heroin you would have us
buy to give to heroin addicts in order to make them more responsible heroin
users.

The truth about tax cuts is that they do not cause deficits; they increase
tax revenues to the government. It's worked every time it has been tried.
President Kennedy's tax cuts of 1964 caused massive growth in the economy
and tax revenue that led to a balanced budget in 1969. The Reagan tax cut
that was passed in late 1981, a 25 percent cut spread over three years from
1982 to 1984 (Reagan never agreed to a tax hike in his second year in
office as you stated in your commentary) resulted in an increase in
receipts from individuals from $286 billion in fiscal 81 - Carter's last
budget year - to $446 billion in fiscal 89. Overall receipts increased from
just less than $500 billion to more than $900 billion in the same period.
These cuts caused growth in tax receipts from 1984 to 1989 to outpace
growth in spending 50 percent to 34 percent. They were responsible for 18
years of growth interrupted only by the Bush and Clinton tax hikes of 1989
and 1993, which caused revenue to grow at a much slower rate than
government spending.

The Bush tax hike caused a recession, the shallowest recession of the 20th
century. This was the one Bill Clinton and the mainstream press constantly
referred to in the 1992 campaign as "the worst economy in the last 50 years."

Now there were very large deficits in the 1980s thanks to a 69 percent
increase in government spending. You see, we were engaged in the Cold War
with the Soviet Union and President Reagan's strategy was to force them
into economic ruin by making it impossible for them to keep up with our
military buildup. He was successful, of course, and it turned out to be one
of the best investments the American taxpayer ever made. Today, we are
fighting the war on terror. The funding of this war is largely causing the
deficits, not the pitifully small tax cuts passed last year.

Your opinion concerning my money seems to be very similar to the one stated
by Bill Clinton only days after the Senate (under the leadership of Trent
Lott, the world's only living spine donor) failed to convict him in his
impeachment trial. Clinton responded to a question saying: "We could give
the American people a tax cut, but we couldn't be sure they would do the
right thing with it." Now I'm not sure I want to know what Bill Clinton
would say is the right thing to do with it, or how you would define a
responsible tax cut. I do know that I would rather make those decisions
myself because after all, it's my money.

Ron Egan

Carlsbad
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