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Letter to the Editor

BY DI READERS | JANUARY 20, 2011 7:10 AM

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Criticism of government spending misguided

Although I agree that much is to be done with both our state and federal governments’ spending, I think it is wrong to place the proposed passenger rail line in that category of “Wasteful Spending.” Rail has long been a stimulus for economic activity, and while I am not saying Natalie Ginty (DI, Jan. 19) is wrong, I find it hard to believe that using the passenger train would be more expensive than driving or flying.

Additionally, in her references to debt, she makes no mention of the Bush-era deficit spending. This is deficit that the current administration has had to absorb. The current administration has certainly contributed its fair share to the national debt, but this spending has occurred in times of an economic recession. Recessionary spending boosts economic activity and growth. If people just sat on their money, as the beneficiaries of the Bush tax cuts did, the same beneficiaries of the Wall Street bailouts, there would be no growth in our economy. Spending provides that growth. Don’t forget; President Reagan tripled deficit while in office but succeeded in pulling the country out of a deep recession.

There is a limit to how much our government should spend — I agree with Ginty there. However, in times like these, spending your way out is the only way out.

Will McDonald
UI student


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