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Fingers crossed for future

Dear Editor:(This letter was originally addressed to Uncle Sam.)This is the time of year when many of us take a look at the past, in the hope that it may give us some insight into what the years ahead may bring. Looking a long way back, you have treated me well. Like most of your nephews and nieces, I have had my ups and downs, but all in all, I can’t complain. It is just when I look back at the recent past that I start to worry.Four years ago, there was a reasonable amount of peace in the world and prosperity in America, Today there are nearly 1 million more of your nieces and nephews without a job than there were. There was a budget surplus where there now is the largest budget deficit in history and which our president tells us will increase by $80 billion in the next few months.These deficits have been covered by borrowing the money. In the past, Social Security surpluses have covered most of the loan, but time is running out on its ability to do so. The state banks of Japan, France, England, Germany, Italy and others have loaned us the money by buying our bonds. Three years ago, they carried us for $19 billion; last year it was 90 billion. I fear that the day is coming when one or more of them will say, “We will no longer lend you money to finance your spendthrift ways, especially since you have given us no reasonable assurance that you can repay us.” When this happens, we will be in deep trouble. We will have sky-high inflation, a tremendous increase in our taxes, and a cutback in government programs; everything from subsidies to tobacco farmers and sugar growers, to NASA and a makeover of Medicare and Social Security. On top of this, our dollar has dropped to its lowest value in history, against the euro and other foreign currenciesIn addition to all the above, we are mired in an unnecessary war, costing billions of dollars, as well as the lives of thousands of young men and women who have either died or been so seriously wounded that they can never live a normal life.If the recent past is a harbinger of what the future may bring, I am too old for it to bother me much, but I fear for my children and grandchildren. The burden will be on their backs. Your generosity to your nieces and nephews is being stretched thin.At this season, it is customary to end a letter with “best wishes for a happy and prosperous New Year,” so I shall do so, but I have my fingers crossed.Your affectionate nephew,D.R.C. BrownAspen


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