Old Forest Tale
Thanks to Chris Davis and the Flyer for "Into the Woods" (September 13th issue). Too few Memphians know the history behind the saving of our city's heart, Overton Park. Too few remember how those who had the common sense and vision to fight the stupid idea of a four-lane highway through the middle of the city's oldest and most established neighborhoods and its crown-jewel park were vilified as "Commies" and "rabble-rousers."
All of us who enjoy the park today — the Levitt Shell, the Zoo, Memphis College of Art, the golf course — and the lovely surrounding neighborhoods owe the "little old ladies in tennis shoes" and their legal allies a huge debt of gratitude. A statue honoring them would be a nice idea.
The Presidential Race
After reading letters to the editor, I realized that there is an alternate universe. Consider the following: The Dow Jones Industrial index was at 6,500 when Obama took office. Today, it's over 13,000. That translates into an increase of trillions of dollars for large and small investors alike.
Some writers are still denying the mess that we were in after the economic collapse. One writer blamed Clinton for not taking out bin Laden. At least he tried. Bush, on the other hand, stopped the hunt for the murderer of 3,000 Americans. Instead, he started the Iraq war based on false and misleading intel — a war that for the first time in our history not only was fought on borrowed money but was done while taxes were cut.
Fewer illegal immigrants are coming across our borders now than at any time in the last 20 years. More have been deported under Obama than under Bush.
High gas prices have been blamed on Obama. The price of a barrel of oil before the Iraq war was about $27. In 2008, the final year of the Bush administration, it rose to $146 a barrel.
I don't agree with everything the president has done. I do know we all pay for past mistakes. The fact that Bush and Cheney were not invited to speak at the Republican Convention makes me think Romney and Ryan do not want anyone to remember who created the worst economic mess since Hoover.
The United States has lost 50,000 manufacturing jobs per month, or a total of 2 million high-paying manufacturing jobs, under President Obama. Our unemployment rate hovers over 8 percent. In January 2012, there were more unemployed Americans (12.8 million) than Americans working in manufacturing jobs (under 12 million).
China, the primary culprit, subsidizes its industries, manipulates its currency, and has no minimum wages. China is the number-one supplier of critical parts for our defense systems and is the world's largest exporter of high-technology items. It produces 10 times more steel than the U.S.
Currently, there is one steel plant in the U.S. capable of producing steel that meets military specifications, and it was recently purchased by a European company.
We must counter the trade deficits with China and other countries by decreasing corporate taxes and subsidizing U.S. industries. We currently owe China $1 trillion in debt, and our national debt has skyrocketed from $10 trillion to $16 trillion in the past few years.
President Obama had almost four years to improve our economy, and he has failed.
Donald A. Moskowitz
Londonderry, New Hampshire
Obama will win by a landslide if everyone who cares about this country's future gets out to vote November 6th. Why do I say this? Because Republicans and their Tea Party base have tried 50 different ways to blame and tag President Obama for failing to improve the economy but to no avail. Republicans are a day late and a dollar short.
Another problem for the Republicans is that the economy has turned around. The housing market is making a comeback after years on hiatus; housing prices and sales are up around the country. The stock markets have surged to their highest point in years. Car sales are rising, retail sales are up, and many construction workers are back on the job.
So, my question is: Who are you going to believe — Romney and his Republican lies or your own common sense?
Correction: A photo caption in our September 6th issue incorrectly identified Nancy Chase as a Republican delegate. She was a guest at the Democratic Convention in Charlotte.