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Letter to the Editor: Living within our means
Letter To The Editor

From La Vern F. Isely

Monroe

To the editor:

One of our last few progressive citizens and former candidate for president has died. Ross Perot died on July 7, 2019 at age 89. He was an individual who believed in living within your means and vigorously promoted it as an independent candidate for president. He was so successful he even got Democratic President Bill Clinton to run the government for two terms in office as a conservative.

When Clinton left office, he had surpluses, according to Republicans Bush-Cheney, who took over when Clinton left office, to give us a huge federal income tax cut, consisting of huge federal income tax cuts for the richest billionaires and up to $600 per person for anyone that paid any federal income tax. Now, these surpluses didn’t last very long after Bush-Cheney took over, he promptly started two wars because of 9/11, one in Afghanistan, which was questionable and one in Iraq, which was downright stupid. This is because his Vice President Dick Cheney wanted it. Nothing was accomplished, other than the fact we lost thousands of soldiers and we never found any weapons of mass destruction. Because President George W. Bush wasn’t a conservative and didn’t live within his means. GOP President Bush ended up eight years later with the country being bankrupt. Republican Treasury Secretary Hank Paulson had to get Democrat Speaker of the House Pelosi to pass a bill to keep all the banks from going bankrupt which one did in 2008 — Lehman Brothers. In fact, there was even a movie made about this which you can get from your local library titled “TOO BIG TO FAIL” which was earth-shaking and terrifying to think this could happen in the United States.

The late Ross Perot, who was a true conservative and believed in living within his means ended up a billionaire worth $4.1 billion according to Forbes of March 31, 2019 on page 106. In fact, according to this issue of Forbes, he’s richer than Republican President Donald Trump, who really isn’t a conservative, and definitely doesn’t live within his means because when his father Fred died, left his son a huge fortune.

Perot, a self-made billionaire who worked his way up from the bottom to the point where he outperformed Trump where Perot ended up $1 billion ahead of Trump because in the last year, Trump’s net worth remained at $3.1 billion according to Forbes.