George W. Bush

I am writing to you about certain decisions that have been made to do with our economy under your administration and why I believe that they were not the best decisions for our country.

Take, for example, early October of this year. Congress decided to pass a $140 billion tax bill that would provide a tax break to 276 large companies and special interest groups. This Corporate Tax Reform Bill, as it was called, would benefit major corporations such as Starbucks, NASCAR, Carnival Cruise Lines, and Home Depot. How is it that these companies, who are not by any means struggling in our dwindling economy, are benefiting by receiving tax breaks while small companies are who need the money? In order to rebuild our economy, we have to back small companies and new businesses so that they may grow into corporations such as the ones mentioned in the bill so that more money will be brought into stocks and circulated throughout the country.

In September of 2003, the Associated Press reported that total net worth of America's richest people rose 10 percent to $955 billion from the year 2002. In this same year, the average middle class income declined 1.1 percent from the 2002 figure of $42,409. Finally, the number of people living in poverty rose, leaving an additional 1.7 million people in poverty. How is it that the rich continue to gain wealth and the poor continue to decline into poverty? Under the Bush-Cheney administration, the wealthiest people in the country receive the highest tax cut leaving plenty of room for Forbes wealthiest to maintain luxury status. Giving a tax cut to the citizens who actually need it would help bring more money into the economy and more people in poverty to middle class. When more people have income, the more they can put into the economy, continuing the circulation of money and goods mentioned above.

Finally, in 2003 the unemployment rate reached 6.1%, the highest in nine years. This means that more than three million American citizens are unemployed. Job opportunities are being sent overseas, meaning that Americans are losing their jobs to people who are not even a part of our economy. In order to keep a healthy economy, our country has to have similar numbers of available jobs and available workers. When you eliminate the available jobs, you only have unemployed workers who are not receiving any money for their own household and, in return, are not putting any money back into the economy. In order