Paul Auwaerter: Let’s work together
November 28, 2012
To the editor:
Let's get past the past and move forward.
Since we’ve put the “birthers” to rest, (at least, I think we have…?). Here’s some data for the “debt-ers” to think about.
According to http://www.treasurydirect.gov, On Jan 20, 2001, the National debt was $5.7 trillion. On Jan 20, 2009, it stood at $10.6 trillion, representing a gain of $4.9 trillion, or roughly 11 percent per year.
As of today, the national debt stands at $16.3 trillion. This represents a gain of $5.7 trillion, or roughly 14 percent per year. Not really a significant difference, given that it is times of economic recession and unemployment that deficit spending is expected to rise as the “safety nets” put in place are supposed to carry us through the lean times, much like it does in our own households.
Given that the budget of the first year of an administration is approved and put in place by its predecessor, let’s look at the years of actual impact an administration has using the same data set, (again, provided by the US Department of Treasury).
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From Jan. 1, 2002, to Jan. 1, 2010, these same calculations represent a 14 percent annual growth in the National debt under the Bush Administration’s executive tenure. From Jan. 1, 2010, to present we have experienced an annual increase of only 11 percent. (There’s food for thought, considering we were in the “glory days” prior to 2008?, but I digress).
This even while recovering from the recession of 2008, the deepest and longest lasting recession our nation has experienced since 1929.
Lest we forget that the executive does not set or approve Federal budgets. That is the responsibility that our Constitution gave to Congress.
Republicans held the house for 6 of the 8 years from 2001-2009, giving the Bush administration a cooperative hand in the executive initiatives for most of that administration, and 2 of the 4 years of our current administration, providing roadblocks,or at least hurdles, for the executive to overcome. (This, to me is especially confounding since the Senate minority leader stated in January 2009 that he has one mission: “to see Obama fail.”).
Further, the Senate held a Republican majority for 4 of the years between 2001 and 2009.
I guess where I’m going with this is to say let’s leave the McConnell’s behind. Let’s not try to make our Government fail.
If our Government fails WE fail, look at our debt rating and lets try to improve it.
Much like we do in our households, in dire times it sucks, but in time we get past that, (as one who filed bankruptcy in 2008, (ahem), knows it DOES get better). Support what we have and let’s hope, and work together for the best that I know and believe we are able achieve