Viewpoint: The real transfer of income and wealth
Editor:
I grew up as a poor kid, served my country in Vietnam, worked my way through college, built a business and financial success. In short, I lived the American dream. I worry about that dream being realized by future generations of Americans.
We’ve heard conversation from Barack Obama and the liberal left about redistributing income and wealth from the rich to the poor. From the perspective of someone who was once poor, I see this as empty rhetoric to get people to buy the political product with their votes.
The economic vehicle in which Americans ride today, continues to sink deeper in the mud as government spending spirals out of control. Democrats and Republicans both contributed to this mess, but Barack Obama has taken it to a new level. Our national debt over $18 trillion, will be $24 trillion when Obama leaves office.
Which leads to my point. The real transfer of income and wealth in America today has nothing to do with transfer from the rich to the poor. It is about the transfer of income and wealth from our children and grandchildren tomorrow, to our own spending today.
We are robbing kids of their future because we don’t live within our means today. We refuse to understand the national debt cannot continue to grow. It will be repaid by our children and grandchildren, or they will suffer a national bankruptcy that looms in their future.
Governor Walker understands this danger, which is why he reined in wasteful spending, passed ACT 10,eliminated a $3.6 billion budget deficit, balanced our state budget and gave hope to hard working tax payers.
When the Obama Administration tried to throw more borrowed federal money at Badger Care (because of failed Obama Care), Governor Walker said “No, enough of spending borrowed money”. Mary Burke tells you we were fools not to “pile on” like other Democrat Governors in America and take the free (borrowed) money…but we all know, nothing is free. Our kids would get that bill too !!
Please keep this in mind when you vote. Governor Walker is focused on our next generation, not the next election.
On November 4th, vote for common sense governance today, and vote for our kids tomorrow. Vote to re-elect Governor Scott Walker.
Thank you,
Andy Loduha
Chairman-Republican Party of Oneida County
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