ORANGE, David Ehrlich: President Barack Obama makes fun of the idea of trickledown economics. Trickledown economics, is it real? Oh yeah it's real. I have benefited from it, you have benefited from it -- we all have. What does a wealthy person do with all his money? He has several choices. What he doesn't do is he doesn't hide it under his mattress. He starts a business, invests it or spends it, more likely a combination of the three, either way it generates trickledown.
Let's say he buys a yacht or a plane, the plane requires maintenance, a job is created to maintain the plane. The plane salesman uses the profit from the sale to buy something, trickledown; this same money creates ripples of economic activity that keeps on going long after the initial transaction, trickledown you bet. This is what we call capitalism, allowing people to make choices to spend their money as they choose. Raise taxes and a good percentage of that activity just won't happen and the money just vanishes into the swamps of Washington and Sacramento, never to be seen again. We all have choices, I prefer to make my own, rather than have the government make them for me.
Ryan will get the job done
MISSION VIEJO, Donald Sennott: GOP presidential candidate Mitt Romney's decision to select Paul Ryan as his running mate was an executive decision, not a political one. Rather than following the advice of those who encouraged him to choose Marco Rubio to attract Latinos, or Condoleezza Rice to attract blacks and women; Romney chose a running mate who would help him get a job done.
When I was a kid, my mom would make me take caster oil even though a spoonful of sugar would have been more to my liking. With his selection of Paul Ryan, Romney has made it clear, America needs a dose of strong medicine – not the spoonful of sugar the President offers everyone.
Dodd-Frank collapsed financial markets
LAGUNA NIGUEL, Shirley Jameson: The Left will want us to look back at the financial mess President Barack Obama inherited and blame the previous administration. They have a very selective memory. They exclude the attacks of 9/11, the two wars that were fought simultaneously, but most important their own actions: the Democratic-controlled Congress under the last administration and the impact of Dodd-Frank, which was the true cause of the mess Obama found himself with on his first day in office. Dodd-Frank did what the attacks of 9/11 couldn't, collapse our financial markets.
As we go forward I would hope that every Republican ad will focus on the economy and jobs, while at the same time using You Tube as the history channel showing who was truly responsible for the economy that this president inherited. And end every ad with are you better off today than when President Obama took office.
Hold politicians accountable before voting
COSTA MESA, Thomas M. Le Grande: Before you vote in any election, federal – state – local, instead of listening to people make unsubstantiated comments or promises, why not examine a few facts for yourself. Pick any subject you desire to examine, for or against, and see who controlled the Congress, state or local government at the time and any laws passed relating to the subject. If a law were passed, was it for the benefit of the average citizen or was it simply for the benefit of professional politicians in office and government employees? In other words, what is the real purpose of government today, to provide necessary services or to provide benefits to public employees? Do those who make promises when running for election actually do what they promised if elected?
More media bias
IRVINE, James Haynes: The Democrats and main stream media are attacking Paul Ryan's Republican House budget. Why isn't the media analyzing the Obama budget? Oh right, Obama's budget was voted down by the Democrat controlled Senate 92-0. How about the Democrat Harry Reid's Senate's budget? Oh, he hasn't had one for three years. Who do you want running this country, someone without a plan or someone looking for solutions and willing to make hard decisions to the problems facing our country?
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