Scary agendas
Under Obama, the national debt soared from 68% to 104% of GDP. We dangerously approached the point of runaway financial collapse.
While deficits have continued under Trump, he has helped to grow the economy at a faster rate, which has caused the debt ratio to level out. However, we are still facing a financial threat from the retirement of the baby boomers.
Most of the new presidential hopefuls are pushing radical socialism. Their proposed high tax rates would cripple the economy, throwing millions of people out of work. With a smaller economy, the higher tax rates would, at best, match current tax revenues. Meanwhile, these radicals would spend additional trillions on free health care, free college, free childcare, etc.
It is like we are all on a plane from California bound for Hawaii. Halfway through, there is an election for who controls the aircraft. Many contenders are promising to fly the plane to Tahiti instead of Hawaii. The plane does not have enough fuel to get to Tahiti. A crash would be imminent.
It is frightening to hear so much talk about far-left agendas. The resulting collapse would make our current levels of freedom and prosperity only a distant memory.
Mark Beeksma, Koloa
