LAMAR, Mo. —
The Nov. 6 election is approaching and the issues in the presidential contest are becoming increasingly clear cut.
The multi-millionaire Mitt Romney and his ultra-rich supporters such as the Koch brothers, who are reported to have donated $400 million to the Romney campaign, are making a supreme effort to buy the election.
Others include the United States Chamber of Commerce, Bill Marriott of the Marriott Hotel chain, John Paulson, a CEO with an income of $4.9 million a year, and the list goes on and on. These guys want the Bush tax cuts to be extended and are totally against ending the cuts for everyone.
President Barack Obama wants to leave the cuts except require those making over $250,000 to shoulder more of the burden of excessive national debt.
The rationale of the Romney crowd is that this hurts job creators.
The truth of the matter is that the least number of jobs were created during the Bush administration than since the end of World War II. And, I recently saw that only 3.5 percent of businesses would be affected by the president’s plan.
One big problem with our economy is that the middle class does not have the money to spend.
This is supported by statistics such that the median family income dropped 7.7 percent between 2007 and 2009, and the wealthiest 20 percent are making 50 percent of total income.
There are lots of other issues that make Romney a questionable candidate, including his position on national security, the upcoming sequestration fight, his relation to Bain Capital and shipping his wealth overseas for a tax break. The choice is clear.
Bob Noel
Lamar
Opinion
Your View: Clear choice
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