EDITOR: Mr. Alger’s letter “Basically Bankrupt” again insists the need for austerity no matter what. Without austerity America is on the road to bankruptcy. Game over.
According to Dr. Alger the patient is dying so the only solution is to bleed him. Cut his artery and bleed him out to solve his fiscal illness. It seems to me saving the patient by killing him seems rather foolhardy.
Now, there is no question we must address our deficits and national debt with the solution being additional revenue and spending cuts over time. However, austerity alone leads to recession, reduced demand, and increased unemployment resulting in a rise in the deficit and national debt. A rise, not a reduction. Mr. Alger may want it, but a rush to the bottom is not something I want for our country.
Mr. Alger continues to use Greece in his fiscal argument. Greece and the United States are alike only in that both are countries (Mr. Alger, don’t you know that Greece came into financial trouble because most of their citizens were evading taxes?). When you hear or read someone touting the example of Greece, you can be assured that individual is presenting a Tea/Republican talking point that is
designed to mislead.
Finally, Mr. Alger suggests I may be obtuse because I do not buy his defeatist claims. I wonder if Mr. Alger is obtuse? Oh, I think not. Instead he cleverly crafts his message and parrots and parrots and parrots the austerity Party line in the Mountain Democrat. A message which is sadistic — austerity no matter how much it inflicts pain and misery on millions of our citizens. Lost jobs, lost homes,
and even suicides where people have lost all hope. But, I’m sure Mr. Alger would claim collateral deaths are necessary for the greater good of his cult of austerity. That is, as long as it is not his death.
America will get back on its fiscal feet, if only we can survive Mr. Alger.
JAMES E. LONGHOFER