Letters to the Editor, July 3
Economic disaster looming
The annual budget deficit is the amount added to our national debt in a year. Annual increases in deficits accelerate the pace of debt growth and decreases retard it.
Deficits are recorded on a fiscal year basis. The fiscal year is the 12-month period beginning Oct. 1 of one year and running through Sept. 30 of the following year. The identification of a fiscal year is the calendar year in which it ends. As a result, the deficit in a fiscal year arises from the budget in the previous calendar year.
Office of Management and Budget data, as reported at whitehouse.com/omb/historical-tables, show that the growth in debt was accelerated by an annual average rate of 12 percent during the terms of President Ronald Reagan (1981-88); accelerated by 17 percent during the term of President George H.W. Bush (1989-92); retarded by 19 percent during the terms of President Bill Clinton (1993-2000); accelerated by 150 percent during the terms of President George W. Bush (2001-08); retarded by 7 percent during the terms of President Barack Obama (2009-16), and accelerated by 25 percent in the first year of President Donald Trump’s administration.
While all four Republican administrations added at an accelerated rate, the two Democratic administrations have retarded the rate.
With an acceleration rate of 25 percent, the Trump administration will add $1.25 trillion to the debt in 2019, $1.56 trillion in 2020, $1.95 trillion in 2021, and yearly additions will keep on rising. The Congressional Budget Office estimates that an additional $1.5 trillion will be added to the debt every year, arising from the recent tax cut bill. The current debt level is $20 trillion and by 2022 it will exceed $30 trillion, spelling an unimaginable economic disaster.
Mukhtar M. Ali, Marco Island
Could’ve been an off day
A recent letter to the editor had a not so flattering critical put-down of service at the Marco Island Department of Motor Vehicles (Collier County tax collector) branch.
My take is that there might be an off day from time to time, as in any other place of business and too bad for letter-writer Steve Hunter for showing up on one.
My experience and that of family members and many other acquaintances is that this branch has no equal in efficient and courteous service and is a model of its type. Of course, I’ve only lived here 38-plus years and I might not have caught that random negative experience as Hunter has, in spite of keeping up with my share of boats and cars titling, registrations and renewals requiring regular visits over the years.
Ease up, fella.
Heyward Boyce, Marco Island
I accuse President Donald Trump and Attorney General Jeff Sessions of inhumanity. Congress is also complicit: Republicans for not making efforts to rein in Trump’s deeds and Democrats for not constantly highlighting them.
Trump must go, as well as all of his enablers. Trump is not working for the best interests of the nation and its people, but rather for further enriching himself, his family and other members of the greedy class. Trump embraces dictators, who trample on human rights, while at the same time insulting our allies.
Trump must go. His behavior and his un-American actions would seem to be “high crimes and misdemeanors.” The House Republicans have the obligation to begin impeachment procedures before he completely trashes the Constitution.
There is also substantial evidence that he is mentally and morally unfit to be president.
Robert Nowlan, Marco Island