Letters and Opinion

Young's debt vote cost Hoosiers dearly

August 13, 2011

In his [Aug. 8 op-ed], U.S. Rep. Todd Young spins his recent irresponsible actions in delaying the increase in the debt limit as “a meaningful and responsible first step on the path back to economic health.” He fails to mention how his actions contributed to the Standard & Poor’s downgrade of the U.S. credit rating. His actions cost Indiana residents billions of dollars in losses to their stock portfolios. The U.S. credit downgrade will create additional difficulties for businesses seeking access to capital at reasonable rates. This increases the risk that the U.S. will slip into a double-dip recession.

If Young will not accept responsibility for the problems that he and his splinter party have created, maybe his constituents will place the blame where it properly belongs. Young needs to know that tea parties are for little girls with imaginary friends. Let’s hope that those are the only friends that show up to vote for him in the 2012 election.

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Terry L. Monday
 

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