To the editor:
GOP-proposed cuts in Medicare, Medicaid, and Social Security take money away from the elderly or disabled in order to provide funds for the government. This is identical to taxation.
In other words, GOP proposes to burden a heavy new tax on already disadvantaged people. Obviously, this breaks their own mantra of “no new taxes” in an unbalanced and highly unfair manner. At least, an equal total amount should be raised from the well-to-do, if not a multiple one.
Other GOP-proposed cuts result in layoffs. Lower ranks are always laid off first, the managers last. The loss of income by low-earners for the benefit of the government must also be seen as a form of taxation and should also be more than balanced by taxation of the very wealthy.
Contrary to GOP presentations, the wealthy will not use their extra money for job creation in America. It is the modern financial fashion to send surplus money as investments to China and India thereby creating jobs there while reducing job opportunities at home in America, even creating more competition.
Debt reduction is the present paramount theme of politicians. Where did the problem of 9 percent unemployment go, of millions of our citizens in deep trouble? Should not the problem of the economy, the need for job creation, remain a key concern?
It is time for the tea party and all of GOP to wake up to a more intelligent and realistic view of our needs and possible solutions! We need help, not ideology!
Helmut Schwab
Princeton
