An open letter to President Obama (Part 18 of my response to State of Union Speech 1-24-12)

Sen. Toomey responds to State of the Union address 2012

President Obama’s state of the union speech Jan 24, 2012

Barack Obama  (Photo by Saul Loeb-Pool/Getty Images)

President Obama c/o The White House
1600 Pennsylvania Avenue NW
Washington, DC 20500

Dear Mr. President,

I know that you receive 20,000 letters a day and that you actually read 10 of them every day. I really do respect you for trying to get a pulse on what is going on out here.

The Heritage Foundation website (www.heritage.org ) has lots of good articles and one that caught my attention was concerning your State of Union Speech on January 24, 2012 and here is a short portion of that article:

Obama’s Failed Job Creation Logic – Emily Goff

To justify its job creation proposals, especially in the energy or transportation sectors, the Obama Administration is fond of highlighting individual Americans who were unemployed but now have a job. Tonight the President referenced a worker who once made furniture, was laid off, and then found a job with a wind turbine manufacturer. Keep in mind that the wind energy market, like many other energy markets, is highly subsidized. By the president’s logic, that worker got a job thanks to Washington’s spending, so what is needed is more spending.

It’s convenient to put a camera in front of a few newly-employed persons and then say “job well done, our policies worked”. But unemployment numbers in the aggregate tell another story. The unemployment rate currently stands at 8.5 percent. In December there were 200,000 jobs added, which indeed is encouraging amid the current economic doldrums. However, as The Heritage Foundation’s James Sherk writes, “At that pace, the unemployment rate will not return to normal levels (or 5.2 percent) for four and a half years—not until September 2016.”

It’s time for the President to recognize that the government doesn’t create jobs. The private sector does, and it does it well. Mr. President, help lead in getting Washington out of the way. Let the economy heal and create jobs on its own.

A PR Gesture on Financial Crimes – David John

No one wants financial crimes to go unpunished, but the President’s announced new Financial Crimes Unit is little more than a PR gesture.  Almost all of the crimes it will consider ranging from insider trading to fraud to stealing are now crimes and have been for many years.  And it is not like the Justice Department has been sitting on its hands since 2008.  Late last year, a very high profile insider trader was convicted as have a number of others.  Still more trials and indictments are pending.  State, local and federal governments have been working together with great success.

The newly announced task force may be worth a few minutes of new TV time, but it is really just doing what hard working professionals have been doing for some time.  The implication that it will do even more is an insult to the prosecutors who have been doing the same thing.

________________________

The answer to our problems is encouraging the private market and not more government spending but your answers seem to involve more government spending.

Thank you so much for your time. I know how valuable it is. I also appreciate the fine family that you have and your committment as a father and a husband.

Sincerely,

Everette Hatcher III, 13900 Cottontail Lane, Alexander, AR 72002, ph 501-920-5733, lowcostsqueegees@yahoo.com

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