Tuesday, February 2, 2010

Dear Mr. President,

It seems that instead of instituting programs and policies that spur the creation of jobs, the current direction is to eliminate jobs.

In 2009, we lost 5,396,000 jobs (BLS, Jan 2010). At least 40,000 UAW jobs were lost at General Motors due to their compliance with your directives that included ordering them to close production facilities and drop automobile lines, such as Pontiac and Saturn, and Hummer. That is a lot of jobs down the tubes by your command.

Then this year your administration decided to eliminate 7000 jobs at NASA to save a pittance in comparison to the rest of the budget. This one is particularly heinous as the Space Program is one of the uniting factors in American life. I thought you wanted to unite Americans?

What may be considered by some as a bright side to the jobs issue is that the federal government is growing federal jobs at an alarming rate. There were 30,000 new hires in good paying federal jobs in January 2010 alone.

Eliminating private sector jobs and growing government jobs that the Americans who are still working will have to pay for with higher taxes doesn’t seem to be that much help in the current economic climate.

I’d like to recommend an alternative plan.

Keep the income, payroll, and capital gains taxes the same as they are now. Etch them in stone and let the country know that the tax policy will be stable for the foreseeable future. This will encourage the private sector to update, upgrade and create jobs as opposed to killing them.

Sir, I have to tell you, the next presidential election isn’t going to be easy for this administration when unemployment is still at 10+ percent and the voting public sees this administration as job destroyers, not to mention the planned tax increases in 2011.

Please recall that you promised there would be no middle class tax increase, but by allowing current tax law to expire in 2011, people in the 25% tax bracket will instead be in the 28% tax bracket. People in the 28% tax bracket will be in the 31% bracket. There is no way around it: that is a tax increase on the middle class.

Thank you for your service.