The Weekly Newspaper serving the citizens of Morenci, Mich., Fayette, Ohio, and surrounding areas.

  • Front.cheers
    MACEE BEERS joins other Fayette Elementary School students for the annual Mini-Cheer performance during the half-time break at the basketball game.
  • Family.3.wide
    CHILDREN at Stair District Library’s Family Story Time toss scarves into the air during an activity. The evening program provided a mix of stories, songs, dancing, crafts and snacks Monday evening. The program is offered at 5:30 p.m. every Monday for five more weeks. The program is designed for three to five year olds and their family.
  • Front.newpaper.2
    THE INTERVIEW—Evelyn Joughin (right) records the interaction with an iPad while Jack Varga, next to her, asks questions of Morenci Elementary School principal Gail Frey. Morenci senior Sam Cool (standing) listens. Cool serves as the editor for the newspaper written by members of Mrs. Barrett’s second grade class.
  • Front.code.2
    WRITING CODE—Brock Christle (left), a Morenci fifth grade student, takes a look at the progress being made by fourth grader Anthony Lewis. Libby Rorick, a sixth grade student, is next in a line of girls trying out the coding tutorials. This year marked Morenci’s second year of participation in the Hour of Code project.
  • Front.skelton.vigil
    MORENCI’S three Skelton brothers were remembered with both tears and laughter last week during a candlelight vigil at Wakefield Park. Several people came out of the crowd to give their recollection of the boys who have now been missing for five years.
  • Front.gym.new
    REMIE RYAN (left) tries to dodge the foam wand held by Hayden Bays during physical education class at Morenci Elementary School. In the background, Lauryn Dominique and Brooklyn Williams stay clear of the tag. Second grade students were working on cardiovascular health on the first day back from vacation. For the record, Safety Tag is a very difficult sport to photograph.
  • Front.lift
    MORENCI student Dalton McCowan puts everything into a dead lift attempt Saturday morning during the Wyseguy Push/Pull event. Lifters helped raise more than $1,600 for the family of the late Devin Wyse, a former Morenci power-lifter who graduated last year. Commemorative T-shirts are still available by contacting teacher Dan Hoffman.

Tax Cuts: It's time to let them expire 2011.07.27

Written by David Green.

America’s financial troubles are always framed in politics. It’s the other guys’ fault and everything would be better if they listened to us—reasoning heard from both sides of the aisle.

Most of the talk heard from Washington is about the reckless spending of the Obama administration. Spending must be reined in. The budget must be balanced. Medicare must end and Social Security taken to the private sector.

Those voices ignore the reality of the past decade. Policy changes enacted in the previous administration cost $5.07 trillion, with deficit budgets in every single year of the two Bush administrations. On the other hand, Obama’s policies, including projections to 2017, total $1.44 trillion. It’s merely politics when there’s now such concern about spending and deficits.

When examining the policy costs—when trying to ascertain why the deficit has become so deep—there’s one factor that easily outpaces all the others: the Bush-era tax cuts. Or as writer James Fallows suggests, call them the “Obama-Extended Tax Cuts” if you insist on making it political, but to ignore those tax cuts puts an impenetrable barrier in the way of solving the deficit.

Contrary to the complaints about high taxes, corporations and wealthier Americans pay a smaller percentage of taxes than most developed countries, and by far the smallest percentage in decades. There are large corporations making record profits that pay little or no taxes, and some even receive a refund because of clever off-shore banking techniques.

We’ve rather fond of the American policy of helping out our elderly citizens through Medicare and Social Security. We enjoy the many services provided to citizens through taxes—so much of what makes America what it is.

The tax cuts from 2001 and 2003, and extended in the Obama administration, have proven devastating to the financial well-being of the country. The deficit won’t be tamed only by cutting spending here and there. It’s the tax cut policy that has to change. Let the cuts expire.

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