Rebuttal of rebuttal offered
By
-
To the editor:
Rebuttal, really?
In response to Mr. Florek’s letter to the editor, I would like to point out the errors in his thought.
While I don’t have a degree in history like Mr. Florek, (my degrees lean more toward welding, truck driving and other real-life experiences), I can remember as far back to the history of the Clinton era when the budget was balanced and showing a surplus.
As Mr. Florek pointed out, he is not a trained economist, so I will try to help him out. A deficit is what occurs when you spend money you don’t have. For example, giving tax breaks without paying for them. Another would be starting two wars without paying for them.
Mr. Florek, borrowing money from China isn’t the way to pay for these. For further understanding of deficit spending, I would refer him to Mr. Leach’s fact-filled (not fantasy- filled) letter to the editor dated 12/27/2110. I agree with Mr. Florek that private American capital is vital to our economy. Perhaps Mr. Florek should mobilize the leadership from Highland County and escort the team to top corporations and find out how to get them to invest in American-made products instead of exploiting cheap overseas labor to produce their goods which they then expect us to buy.
Like Mr. Florek I’m glad that Toyota and Kia have provided some jobs in this country, but I surely can’t and won’t be proud of the fact that we need to depend on foreign entities for our paychecks. In fact, I find this dependency repugnant.
Sincerely,
Ken Rentz[[In-content Ad]]
Rebuttal, really?
In response to Mr. Florek’s letter to the editor, I would like to point out the errors in his thought.
While I don’t have a degree in history like Mr. Florek, (my degrees lean more toward welding, truck driving and other real-life experiences), I can remember as far back to the history of the Clinton era when the budget was balanced and showing a surplus.
As Mr. Florek pointed out, he is not a trained economist, so I will try to help him out. A deficit is what occurs when you spend money you don’t have. For example, giving tax breaks without paying for them. Another would be starting two wars without paying for them.
Mr. Florek, borrowing money from China isn’t the way to pay for these. For further understanding of deficit spending, I would refer him to Mr. Leach’s fact-filled (not fantasy- filled) letter to the editor dated 12/27/2110. I agree with Mr. Florek that private American capital is vital to our economy. Perhaps Mr. Florek should mobilize the leadership from Highland County and escort the team to top corporations and find out how to get them to invest in American-made products instead of exploiting cheap overseas labor to produce their goods which they then expect us to buy.
Like Mr. Florek I’m glad that Toyota and Kia have provided some jobs in this country, but I surely can’t and won’t be proud of the fact that we need to depend on foreign entities for our paychecks. In fact, I find this dependency repugnant.
Sincerely,
Ken Rentz[[In-content Ad]]