Thursday, June 19, 2008

Letter to the Editor -- Graves and deficit spending

Letters to the Editor are the opinions of the writers and do not necessarily reflect the opinions of the Sheridan Express.

Sam Graves has been involved in a spending frenzy during the past 8 years, without covering the costs of that spending. This is known as "deficit spending".
The budget has ballooned from $1.8 trillion in 2000, to a projected $3 trillion for 2008. In 2000 there was a budget surplus of $230 billion, compared to a projected budget deficit in 2008 of $410 billion. The national debt has now risen to an incredible $10 trillion! Congressman Sam Graves SUPPORTS deficit-spending. Add to this dismal lack of fiscal responsibility --- the dramatic rise in oil and gasoline prices, the crash in sub-prime mortgages, the bank credit debacle, and the deflation in home values. We can NOT afford another two years of "Gravenomics"!
Kay Barnes has a record of economic growth as mayor of Kansas City. Kay Barnes has an ability to work with a diversity of viewpoints to achieve economic success.

David Raffel
Parkville, MO

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