Letters to the Editor

What one sees as win-win, another sees as lose-lose

In answer to “Obama re-election sounds like a win-win“. 1. We do not have lower taxes for 98 percent of us. The Bush tax cuts were continued but no taxes were lowered. In fact, the social security tax for all workers was raised.

2. Individuals are not taking responsibility for our health care. We are at the mercy of Obamacare and the additional taxes that it imposes.

3. We have not averted a crippling depression because the president and congress agreed to higher taxes and no spending cuts. We cannot continue to add a trillion dollars in debt yearly and expect to get the economy moving.

4. The Fed is printing money to buy treasury bonds that increases the debt and puts us more at risk.

5. At present, international trade is conducted in dollars. There is a movement by some countries to trade in other currencies. This would be devastating to the USA.

So, a win-win, sounds to me like the potential of a big lose-lose.

John Silvati

East Walnut Hills


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