To the editor:
In 2011, the U.S. federal government was downgraded by Standard and Poor's from AAA to AA+. This is concrete affirmation that the current administration is fiscally out of control. The re-election of President Obama affirms that it is the voting public who are out of touch, not Mitt Romney.
To expect the "rich" to shovel more of their "fair share" into an investment as shaky as the U.S. government is to expect reasonably sound financial minds to throw fiscal logic out the window.
Even those who wish to exist on a lifetime of entitlement programs should realize that you can't kill the goose and expect golden eggs to continue. We have a significant portion of the electorate who are uninformed, unaware or just intellectually vacant. What are our leaders' excuses?
Jim Gross
Lewistown
