To the editor:
In reference to Tony Magliano’s column (September 22 issue), the following failed to be mentioned in the reasons for our “sick” deficit: $5 trillion dollars spent on stimulus, bail-outs, and “Obamacare”.
Three U.S. wars cost us approximately $1 trillion. Military budgets are already again at dangerous lows. Regulations are grossly increased, not decreased. Banks are trying to survive congressional and government interference, their portion of stimulus money doing nothing to improve the economy.