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November 1, 2012

News and Tribune letters: Nov. 1, 2012

(Continued)

> SOUTHERN INDIANA — Reader says only vote is for Obama

American national politics during the 1920s was dominated by the Republican Party, which controlled the White House and Congress throughout the decade.

American national politics during the late 1990s and early 2000s was dominated by the Republican Party, which controlled the White House and Congress for more than a decade.

Republican-controlled policies of the 1920s caused the Great Depression starting in 1929. Warren Harding, Calvin Coolidge and Herbert Hoover were all Republican presidents before the 1929 depression. They also had a Republican majority in Congress before the economic meltdown of 1929.

Republican controlled policies of the late 1990s and the early 2000s caused the Great Recession of 2008. From 1981 through 2008 we had a Republican president for 20 of 28 years. We had a Republican Congress for 14 straight years and a Republican president for eight straight years before the recession.

Republican politics played the major role in both economic tragedies nearly 80 years apart.

During the Great Depression America’s unemployment rate skyrocketed to 25 percent and remained at more than 10 percent for more than eight years.

Now, let’s look at unemployment after the 2008 recession. The unemployment conditions had many of the same similarities of going to 25 percent for a second time because of Republican economic policies. Many economists were predicting unemployment to go above 15 percent.

Americans elected Barack Obama, a Democratic president, who started his term in January 2009. We were losing 700,000 to 800,000 jobs per month when Obama took office. With no help from a Republican Congress, as a result of President Obama’s stimulus program, unemployment peaked out at 10 percent, not the 25 percent of the 1930s.

Obama now has 31 straight months of job growth in the private sector and has created 5.2 million jobs. Unemployment has declined to 7.8 percent and is expected to go lower as the economy is improving. Most all economic indicators show we are recovering.  

My question is this: Why would America even consider a Republican president?

President Obama is an American hero whom the Republican Party and the far right-wing media have demonized to the uninformed voters. Republicans created the problem, obstructed in fixing the problem, and now blame the problem on President Obama. Now Mitt Romney wants to take us back to the same policies that created the problem. I am amazed this election is so close. It is like America has a severe case of amnesia.

It is an American tragedy when we allow the right-wing media and big money to control our politics and factual information. The loser in the long run will be the American people.

— Ray Beaufait, Charlestown

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