darethefuture.us

 February 12, 2009

President Barack Obama
The White House
1600 Pennsylvania Avenue NW
Washington, DC 20500

Congratulations, Mr. President

Please read this suggestion.  It could solve what you are trying to do.

The rejuvenation of the economy would be possible if Congress enabled the federal government, instead of employers, to assume the responsibility to pay the wages of all workers nationwide.

Doing this would enable employers to invest in upgrading workers’ skills to use efficient cutting-edge technology and research to make US employers the foremost providers of quality goods and services.

The employers of industries and businesses would be happy to focus those savings on optimizing their processes.

The government would be able to recover the cost of paying the wages of all workers in the US by taxing the profits of employers, but would allow employers to deduct the costs of adopting appropriate technologies and research efforts that enhance their operations.

Workers would again be spending their wages to purchase the goods and services from industry and business.
 
The government would also be able to tax the income of all workers, but would allow their appropriate deductions.

The Bureau of Labor Statistics shows that the total wages paid to all US workers during the years 2002 through 2007 ranged from $1,182 trillion to $1.532 trillion dollars per year.

The 2009 bank bailouts will exceed the total wages paid in  2007.

If the federal government were to pay the 2009 wages of all workers; it would be less than what is spent for the bailouts of failed loans by banks.
 
When workers can become customers they spur continuing improvement in the production and distribution of goods and services.
 
The government would secure our unalienable Rights, as described so well in the second paragraph of the Declaration.

God bless your wishes,

Wilfred Mische