December 31, 2012

HAPPY NEW YEAR!
MUCH GOOD HEALTH AND HAPPINESS TO YOU AND YOUR FAMILY!

As we start 2013 I want to share with you a very deep concern. It is the troublesome and toxic legacy we are leaving our children and grandchildren.

Current US debt – $16,352,483,065,338.00
An incomprehensible number!

An abstraction to most of us – it causes our eyes to glaze over – so let’s put this into a more understandable amount:

US debt owed by each – man, woman and child – $52,000.00
Plus
NYS debt for each – man, woman and child – $16,000.00

And this doesn’t take into account the $122,000,000,000,000.00 of unfunded liabilities lurking in the shadows !!!!

Some day, some how, this debt will have to be paid back – it can’t be kicked down the road forever.

My New Year’s wish is that in 2013 our county starts down the long – and very, very painful – road to solving this potential catastrophe.

Happy New Year!

Bill West

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Highly respected in the Republican Party politics, William West — current and longtime Chairman of the Woodstock Republican Committee — was the First Vice Chair of the Ulster County GOP Executive Committee for many years. He also served as the Chairman of the Ulster County Legislature.