Voices: Deficit spending

Opinion

Discussion

July 28, 2010

By Roy Winans Special to The Globe The Joplin Globe Wed Jul 28, 2010, 07:25 AM CDT

JOPLIN, Mo. — Deficit and debt are the biggest dangers America faces, but you would not know that by watching any of the news.

Since the BP blowout, our government has increased deficit spending by $319 billion. We must get our fiscal house in order, or everyone will pay a higher price down the road. Just think, our interest payments by 2015 will be higher than our defense outlays, and by 2020 will top $1 trillion a year. Such insanity must be stopped, or our children and grandchildren will see their standard of living reduced to Third World status.

The Globe had an article on July 6 about MGE getting a rate increase because of the increased cost of natural gas. This is mainly due to the building of gas-powered electric plants and the huge amounts of gas it uses to generate electricity. It will be exacerbated by this administration’s attempt to put a moratorium on drilling. Less gas, more cost, and you will pay the bill. Now the administration wants to pass an energy bill that will double your utility bills, and there is no reaction from the mainstream media. This disaster will be more costly than the BP blowout, and nobody seems to care.

Obamacare has passed and no one knows the final cost, but signs are there it will be massive. Guess who will pay for this monster? You’re right, you will. ABC had a feature about the shortage of family doctors and the increase of patients at the ER this morning, so the problems are starting. Doctors will see less Medicaid patients and less Medicare patients, as they are not getting reimbursed enough to cover the cost. Another trend is the flat fee charged with no paperwork needed, and more doctors are going this route.

The final disaster, financial reform, is in doubt at this time, as the Republicans have found their voice and are trying to stop it. It is 2,500 pages long, and no one seems to know the full extent of this disaster in the making. Maybe the grown-ups will prevail this time and save us from this disaster, but I will not hold my breath.

The news media, The Joplin Globe included, should report the amount of deficit spending every day on the front page. This might get the attention of the taxpayers, so that they could add their voices to the debate. We need to react immediately, as time is getting short, in order to save America from bankruptcy.

Roy Winans

Joplin

Text Only

Opinion

Our View: Santorum's Achilles' ear
Rick Santorum knocked everyone for a loop this week, not just with his victory in Missouri but with the landslide size of the thing.

February 10, 2012 1 Photo
Our View: Are school loans next 'debt bomb'?
The late American middle class struggled for decades to keep pace with an American dream slipping from its grasp.

February 9, 2012 1 Photo
Our View: A better way of limit terms
A Missouri House committee on Tuesday endorsed a proposed constitutional amendment that would allow lawmakers to serve 16 years in the state Legislature, either the House or the Senate.

February 8, 2012 1 Photo
Your View: Is it our fault?
When did coveting things and money take over character? What happened?

February 8, 2012
Your View: No way to run a school
All throughout the state of Missouri, you’ll hear much discussion about teacher tenure and the indefinite contracts that go along with that. Most — if not nearly all — jobs in the private and public sectors have no such career protection.

February 8, 2012
Your View: Prime suspects
If it’s too cool in the house, you can turn up the heat if you think you can afford it.

February 8, 2012
Our View: Worldwide concern
There is growing concern worldwide that Israel might launch an attack on Iranian nuclear plants.

February 7, 2012 1 Photo
Other Views: FAA deal up in air five years
The Federal Aviation Administration bill was delayed 23 times, but the agency finally has a law giving it $63 billion and full operating authority for the next four years.

February 6, 2012 1 Photo
Don Ray, columnist: Obama's pipeline excuse an election-year cop-out
On Jan. 18, President Barack Obama announced he was rejecting the Keystone XL pipeline project — a project that had its beginnings some 40 months ago (September 2008).

February 6, 2012
James Whitford, guest columnist: Broken people or broken system?
Are the people broken or is the system broken? If you walk into Watered Gardens, our rescue mission, it may seem the people are broken. But it’s a rescue mission. It just feels that way. And sometimes, it just looks that way.

February 4, 2012
More Opinion Headlines

Water company cites reconnections

Opinion

Search Results

Discussion

Voices: Deficit spending

Joplin City Manager Mark Rohr wants the city to distribute weather radios to all Joplin homes that don’t have one. That’s 11,000 radios. Do you think that’s a good use of $300,440?

Joplin City Manager Mark Rohr wants the city to distribute weather radios to all Joplin homes that don’t have one. That’s 11,000 radios. Do you think that’s a good use of $300,440?

Site Map

Contact Us