After reading Tim Toroian's letter in the Nov. 27 Mirror, I would rather be an economic moron than a economic village idiot.
Toroian throws out the old excuse that if you tax the rich, they will not invest money to create jobs.
Then why didn't they invest and create tens of millions of jobs, during George W. Bush's eight years?
Toroian [like many others] say we have to cut government debt. I wish one of you would say what programs and entitlements we should cut and by how much.
If Romney was elected and Republicans took over the Senate, here's how they would kill America's economy.
Seniors would pay $6,000 out of pocket a year on Medicare. The donut hole would be reopened, and seniors would pay more for prescriptions.
New enrollees in Medicare would get a voucher to buy health insurance. They won't tell you how much it will be. If you have a pre-existing condition, Republicans will allow companies not to insure you. We know their solution to that - "let em die."
Retirement age and qualifying for Medicare increases to 70. Most people would be irate unless you were a congressional politician. Their job consists of talking, sitting [when they show up] and taking special interest money. They would help American companies create millions of jobs in China, India, Mexico, etc.
We would be in a war with Iran. Past, present and future vets know Romney's sons wouldn't serve, and neither would most of the children of members of Congress. They are so worried about Iran getting a nuclear weapon. Yet, they don't worry about North Korea.
It has a nuclear weapon and is trying to build a rocket to reach our West Coast. When North Korea gets a long-range rocket and screws a warhead on it, will Republicans worry then?
Medicaid would get no federal money, and infrastructure, education would be cut. No money would go to states for police or firefighter protection.
The American people have spoken, and the Republicans still have the attitude Leona Helmsley had: "only the little people pay taxes."
Everything mentioned above would directly or indirectly have a bad effect on America's economy.
Dennis C. Shore, Altoona
