A bad choice

In his Aug. 6 column, U.S. Rep. Ted Yoho lays out his reasons for supporting the CHOICE Act. He fails to explain why he thinks removing the restrictions placed on the banks by the Dodd-Frank bill to prevent the speculative trading that led to the 2008 recession would be a good thing. Maybe he thinks, “Oh, they would never do that again.”

He also reasons that reducing the power of the Consumer Financial Protection Bureau would be good — for the banking, insurance and payday lenders who have paid out more than $11.7 billion in penalties to more than 27 million consumers. The Republicans have long sought to reduce the bureau’s power and independence. Controlling its budget would allow Congress to starve the bureau into ineffectiveness, as it has done to the Securities and Exchange Commission.

It’s a bad bill and a bad choice.

Bud Jones, Newberry

 

No time for praise

Edward B. Harmon’s Aug. 6 column gives Donald Trump far more credit than is due. According to Harmon, Trump’s economic policies have caused the rise of the Dow Jones and other indices of economic growth. Harmon should surely know that these indicators are far more complex than the influence of any one man’s policies on them.

“On immigration, Trump has decided to enforce the law,” Harmon wrote. Misleading! Former President Barack Obama made this decision to the chagrin of immigrant groups who branded him “deporter in chief.” Obama may hold the presidential record for deporting illegal immigrants. And he did it low key without the jack-booted fanfare of Trump’s Immigration and Customs Enforcement agents.

Trump’s America, like Obama’s, is plagued by grinding poverty like that in Appalachia and the Mississippi Delta. Many have left the middle-class with only the shaky support of low-paying jobs. This is no time to laud Trump.

Robert B. Gentry, Gainesville

 

Lack of support

Never have I ever seen, or read about, a government being run in such a political pig sty as we are experiencing today. Both sides of the aisle are complicit, and that is because “the establishment” has been caught wallowing around totally ignoring what their constituents voted for.

It took the election of Donald Trump to expose them. When has any president ever been elected, and before he is even sworn in, has people calling for his impeachment? The lack of support he has among Republicans is absolutely appalling and makes them complicit. And the protests — yes, protests as free speech are certainly covered by the Constitution, but many of the protests since Trump’s election have edged closer to anarchy and away from free speech.

Trump doesn’t need to drain the swamp — he needs to flush it!

Mike Whitehead, Gainesville

 

Divergent conclusions

It’s interesting, though not surprising, how contributors to The Sun’s Issues section (of Aug. 6) can arrive at such divergent conclusions about economic facts; namely Greg McGann’s column “Working-class Americans got suckered” and Edward Harmon’s column “Despite haters, Trump is improving economy.”

McGann wrote, “I hope good jobs one day return to America, but they won’t come back because of Trump’s policies.” Harmon wrote that, under Trump, “… average credit scores of Americans reached an all-time high, unemployment is down and the labor participation rate is up ... .”

It would be fun to watch these two gentlemen debate these issues face to face.

Jim Clayton, Micanopy

 

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