Dems and Reaganomics; Will Oregon be strong? Letters to the Editor 12-2-17

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Dems were on board with Reaganomics

In response to Rand Dawson’s Letter to the Editor “Less is More” (Nov. 29):

For the entire Reagan presidency, the House of Representatives, which writes legislation, was Democratically controlled. At no time did the Republican-controlled Senate have a filibuster-proof majority.

Ergo, Democrats were on board with the crafting of what has become known as “Reaganomics.”

We can play silly numbers games all day long.

For example, Johnson signed the Revenue Act of 1964.

Tax rates were reduced.

Unemployment fell.

The economy expanded.

Revenue grew.

From legislation written by a democratically-controlled House and Senate that reduced taxes, grew the economy and raised government revenue.

The left-media never write about Johnsonomics, yet the same changes under a Republican president with a Democratically controlled House are blamed for all manner of economic woes. As far as taking refuge in the 1990 proposed budget, the revenue “losses” are calculated on the size of the economy. It is a fool’s errand to assume that the economy would have sustained growth had the 1980 rates been in effect.

The economy was a yo-yo for the Carter years and the first two Reagan years. Had the economy contracted with the 1980 rates in effect, receipts would still have declined.

On page 1-15 of the FY1990 Budget of the U.S. Government., Reagan admonished “... we must continue our recent progress in reducing the Federal deficit,” while the national debt was a comparatively paltry 50 percent of the GDP.

How much better off might we be today had his sage advice been heeded?

—Ian Eales

Florence

 

Will Oregonians be strong?

The recent wildfires in Napa and Sonoma counties of northern California were devastating. Fire destroyed homes, apartments and entire mobile home parks, as well as businesses both small and large.

Fires don’t discriminate. It will take years for families to rebuild — if they choose to do so — and for businesses to recover. People of all ages are out of work and without a home. I am amazed at how firefighters, first responders and utilities employees were able to keep the fires from burning all the way to the ocean.

Three large hospitals and many schools were saved. It was reported by a Napa County congressman that the fire traveled at up to 200 feet per second. The fires are believed to have been started by downed power lines in 70 mph winds.

Regardless of the cause, fires have no boundaries be it city, county or state lines, or ODF, BLM or USFS.

Come next fire season, if you think it won’t — or can’t — happen here, think again.

—Michal Fletcher

and Mark Owens

Florence

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