85,000 Jobs Cut in December 2009
Dear President Obama,
Hope you and your family had a nice holiday. Naive Americans know that you had a nice holiday on the East Coast while most of us were unemployed or in the process of loosing our jobs. Yet your administration spent several million dollars on your vacations / holidays.
As you are aware during the month of December 2009 businesses cut 85,000 jobs and unemployment is still around 10%. I live in the City of Apple Valley, Minnesota with a population of about 50,000. If the entire population of Apple Valley (it includes youngsters and elderly) would have been laid off last month it would still be less than what actually happen. I can anticipate your comments. 85,000 in a country with a population of about 304 million is just a drop in the bucket. The answer sounds reasonable so I will like to add that the lives lost in the 9/11 attack and the ones lost in the foolish wars we have embarked in the last few years (i.e., Afghanistan) are nothing but a drop in the bucket. Mr. Obama the economic recovery plan your administration has put together could not possibly work and so far has not. It has just deepened the hole from which our country has to emerge.
You continue to push your renewable / green energy plans to get Americans back to work and help the economy. I do not know who came with such a preposterous plan. For the current and foreseeable future alternate energy technology will not be able to replace other sources of energy (i.e., coal, nuclear and oil) and if and when they do in the next few decades how many people do you estimate will be able to work on such technology? There might be a few thousand good paying jobs for the design engineers but the way things are going all the equipment will be manufactured in China. What would be left for Naive Americans is to install and service Chinese units. What a way to promote the US economy!
I have been quite busy designing and developing software in the past month or so. Have had no spare time to write blogs.
Last year one of your economic advisors Warren Buffett acquire additional railroads. I have not had the opportunity to meet Mr. Buffett in person. He definitely has skills to generate personal wealth. Not sure what the implications of his business ventures have been for Naive Americans, but that set aside, have you interpreted what he is stating?
Allow me to enlighten you with an educated guess. The logic goes as follows: In the not too distant future (less than a few years) the dollar will have to devaluate. Our growing (thanks to you) trade deficit will sooner or later catch up with the USA. When that happens a gallon of diesel fuel made by American refineries with imported oil from the Middle East will sky rocket. I would estimate it to be about $10 a gallon. This will represent another blow to our always-declining economy not to mention what will happen to the trucking industry. Given that little is being manufactured in the US (Did you hear about China becoming the first producer of good in the world passing Germany?) most goods being imported will arrive by ship (less expensive) on one of the coasts. Trucks will be used to move containers from the maritime terminals to railroads (very short distances, less trucks, less truckers, less jobs). From railroads connecting the US (they are already there, they only need to be properly maintained) they will be shipped throughout our country. When they arrive to their destination, containers will be moved by truck to local distributors, which will ship them to stores or consumers. The use of Internet commerce will continue to grow in an attempt to cut household spending. So what is the message broadcasted by your most respectable economical advisor? Not good!
We need fundamental changes in most aspects of our country, from economy, to education and politics. On several occasions you have mentioned that you have read about the Great Depression in our country hopping to get a better understanding and ideas on how to deal with the present situation. Knowledge is good if and only if is able to produce new effective ideas. Otherwise it is just a waste of time. I would like to suggest you and your advisors start reading about the French Revolution.
Going back to your presidential campaign, Naive Americans would like to see CHANGEs. So far your administration has failed miserably in providing them. Hopefully you will meditate on this blog entry and come up with at least a handful of good ideas.
Best regards;
The Naive American.
www.NaiveAmerican.com
