Not optimistic considering past

I am not optimistic about the health of our nation's economy.

For the past 52 months the country has been "recovering" from the 2007-2009 recession. A recovery closing in on six years could be on the verge of another recession.

The recovery has been stymied by the administration's tax hikes, Obamacare, increased government regulations, the war on coal, and a frightening inability to understand economics.

The Obama administration is again pressuring banks to give mortgages to people who can't pay them back, which was instrumental in the last recession. Chicago may follow Detroit into bankruptcy.

The administration wants to increase the minimum wage, which will eliminate hundreds of thousands of jobs and lead to increased automation of the workplace. The year 2014 will see an even greater economic impact due to Obamacare as it eliminates jobs and cuts hours.

For four years, the deficit has been more than $1 trillion. We can grow the economy if we cut government spending and let people and businesses keep and invest more of their money.

The private sector is better able to use capital to produce jobs than the government.

Gregg Manning

Clayton

GOP dims hope for economic recovery


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I cannot be optimistic about the nation's economy, as long as the Republican Party is in opposition to President Barack Obama.

Many may recall the GOP's first priority when Obama was elected in 2008: Deny Obama a second term as president of the United States. Failing that, the Republican-controlled House voted 46 times in an attempt to repeal the Affordable Care Act, which will help millions of Americans.

Scrooge has nothing on congressional Republicans. Starting today, some 1.3 million people will be denied long-term unemployment benefits.

The Republican mantra is: "No work, no pay." However, they have no problem granting government subsidies to "farmers" -- some of them millionaires who do not plant or harvest crops. In their reasoning, welfare is bad but some subsidies, which they will never give up, are good.

Thurdell Wickliff

Richmond