U.S. economy is recovering
To the editor:
I come from a fiscally conservative, socially responsible, mostly Republican family. However, the politics of “no compromise” displayed by the majority of Republicans in recent years has given me pause to rethink my party affiliation. Throughout the last 4 years, Senate Republicans have followed lockstep behind their leader Mitch McConnell, whose top priority has been to “make sure President Obama is a one-term president.” This putting party before country has been occurring during a time when our country was in 2 wars and facing a potential second Great Depression, none of which was caused by President Obama.
I want a president who will represent all Americans. To automatically write off 47 percent of Americans for not paying federal income taxes is reprehensible. Most of these people have worked and paid taxes throughout their lives and many have probably paid a higher total tax rate than Gov. Romney in many years. I am sure most who are now unemployed would love to be paying taxes again like they were before the Great Crash, which was caused by an unregulated Wall Street run amuck. Why would we want to undo, as Romney proposes, those regulations to rein in Wall Street that have passed in recent years?
The economy is recovering. President Obama inherited an economy that was going through the toughest times since the Great Depression. He didn’t give up on America and he didn’t give up on Detroit. When he took office, the U.S. automobile industry was in such a state of disrepair that most experts (including Gov. Romney) thought it stood no chance of survival. Obama took serious heat for agreeing to bail out U.S. automakers, but the program was a success. Today the big three automakers are turning profits, opening new factories, and hiring again.
— Jennifer Hoy Steffen, Birmingham