Dear Mr. President,

According to what I’ve read about your speech on job creation, one of the pivotal points seems to be lowering employee, and employer, contributions to Social Security. I can see how that might stimulate the job market and put a few bucks a week in many paychecks.

My problem is this: Since Social Security is already teetering on the verge of bankruptcy, wouldn’t a reduction in tax payments to the “plan”  hasten the demise of Social Security?

Now, Mr. President, I admit that I have some strange ideas about the economy and what is and is not good for it (Especially in light of our government’s determination to try to reduce our debt by increasing it) and I admit that I am not an economist and probably not even a good bookkeeper. So, maybe I’m missing something really important in all of this spendthrift syndrome that seems to have overtaken our entire government — starting with your office, sir.

I also readily admit that I have a hard time wrapping my mind around the concept of a Trillion Dollars. But recently, I read an analogy that I could understand. Basically, the writer said that if money was water and one dollar represented one drop of water, then an Olympic-sized swimming pool would represent a trillion dollars. Mr. President…that is a LOT of water! 

And, sir (Correct me, if I’m wrong), we  have something like THIRTEEN Olympic-sized swimming pools to fill …

So, I have to wonder, Mr. President, how does cutting income for the goverment (Reducing Social Security taxes and extending tax credits — even for only a year, or two ) help us create enough jobs and pay off the biggest National Debt we have ever faced.

Oh, one other thing I would like to know…how many jobs will your new(?) American Jobs Act actually create. I think we have lost, over the last four years or so, something like 15,000,000 jobs. If your proposal would asssure that a minimum of 5,000,000 jobs would be created, I think it might be worthwhile to consider. Otherwise, I think we will, economically, continue shooting craps with heavily loaded dice.

Unfortunately, Mr. President, in the same article about your speech, I read that “the White House” offered no figures on the number of jobs that would be created by the American Jobs Act.

I know, sir, that it’s easy for the Rebuplicans to blame the Democrats for our financial problems — and vice-versa — but I say that  it doesn”t matter who’s to blame. What I want to know who’s gonna fix the problem — and how? 

In the meantime, Mr. President, I sit here and read all the stuff about why the economy is tanking and I have to wonder how you and all of our other ELEC TED officials can even sleep at night. I mean, most folk’s consciences would be giving them the night sweats. Oh, well that grist for other mills.

 So, Mr. President, I am looking forward to your help (helping me) understand what’s happening. By the way, sir, I don’t drink beer which would preclude meeting you on the White Hose lawn;  so I guess you”ll have to either email me your response or post your answer in my blog…

With all due respect, Mr. President, I remain

Scared witless. Not for me but for my kids, grandkids and great-grandkids … they’ll be paying off this deficit for the rest of their lives. You know trying to fill one swimming pool (one drop at a time) would take a really long time — but thirteen?

Now, Mr. President, I will point a finger because this is debt that you (In the sense that you’re the main man at this point) have created with no rational thought of where it will lead us…

On second thought maybe it’s not a good idea for you to try to explain all of this to me beccause I firmly believe that you can’t spend your way out of debt. Admittedly, that’s a concept I learned in school some 60-odd years ago, so maybe taking three away from two doesn’t give you a minus anymore.

Jake Jakubuwski (Pronounced: “JAKE-uh-bus-Key)