We cut, they spend
I have read the letters railing against what our legislators are trying to accomplish by reining in the budget. Will we turn into another Greece or Wisconsin where everyone takes to the streets to protest the cutting of services? If the Pentagon must consider a 10 percent cut to the men and women who are daily fighting to protect us, do we have the right to say our needs are above theirs?
Many of us have had financial losses. When our income is cut, we do not go out and spend more. Why, then, does the government think it’s right to continue spending money it doesn’t have. We cannot continue our lifestyle of entitlements, and not expect those to be cut as well.
For those who think that extending the Bush tax rates has only shown favoritism to the wealthy, look at your portfolios. If you have worked hard and tried to accumulate savings for your retirement, you too will be taking a hit when taxes are raised and you need to withdraw money. You don’t have to be wealthy to suffer in the stock market. Your 401K and 403 retirement accounts are invested in the market. Raising taxes on capital gains will erode your savings.
The Interior Secretary is getting a raise. Federal employees were supposed to be under a two-year pay freeze. I am tired of being lied to, and told that we all have to suffer and do with less. When Congress leads the way, we’ll follow. Stephanie Emery Clemmons, North Carolina