EagleTribune.com, North Andover, MA

Opinion

January 7, 2014

Letter: Spending pushes us toward a debt crisis

To the editor:

President Obama has said he had no problem taking $716 billion from Medicare to help fund Obamacare. He went on to say he would make this money up by reducing fraud in Medicare. Well, you know what, the record is clear, we have been losing and continue to lose $1 billion a week in Medicare every week through fraud and waste since President Obama has been president. This ill conceived law is a outright theft of money, with a complete lack of control in a phony program developed by and for his “czar” administrators for Medicare and Obamacare.

The president’s record of saving money is very poor. If he cannot stop these losses every week, how is he going to save up $716 billion dollars to restore to the Medicare program to make it solvent for the people who paid into this program and our future retirees? We should create and hire thousands of honest college graduates, that need jobs, by setting up a private, independent corporation, a real anti-fraud program for Medicare. This would help restore some soundness in an endangered program.

Obama increased his current (unapproved) federal budget over $1 trillion per year for four straight years. Plus, the president has added $5 trillion to our national debt since taking office. This country is $17 trillion in debt and the figure is growing. Anyone with good reasoning will realize if we do not change from our present course, the Obama administration may bankrupt America and lower its credit rating again while borrowing even more money from Communist China over the next three years.

With Obamacare, the odds of waste, deception and fraud is increasing by the day. Where and when will it end? Will this president’s policies bring down the United States to a level of poverty for all Americans, because of the loss of a free society and the free-enterprise system that built America?

Will Obama’s out-of-control big government, liberal spending mean more taxes on all to satisfy the spending habits in Washington? Will the people really remain free in America? Or will they become slaves to big government by default!

Ed Brooks

Salem

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