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On Open Letter to Congresswoman Carolyn McCarthy

In the face of "Dire Tax Predictions" from the White House, I want to know where my new Congresswoman stands on renewing the Bush Tax Cuts.

Dear Congresswoman McCarthy, 

I am one of your new constituents from Wantagh, writing to ask your personal position concerning extending the Bush-era tax cuts which will expire at the end of 2012 unless renewed by Congress and signed into law by the President.  Having read the glaring headline, “White House’s Dire Tax Prediction” this week, I am concerned that mine may be among the 114 million families with earnings under $250,000 who will be facing a $1,600 federal tax increase in 2013 because of an ideological standoff in Congress.

Hopefully, your response will be thoughtful and transcend the “Party Line” which is, paraphrasing Senator Patty Murphy (D-Washington), if there is no deal by January then her party (your party) would be willing to let all the tax cuts expire to put pressure on the other party (my party), at the expense of my family and many others in your Congressional District.  Prior to finalizing your response, may I suggest that you review the age data in the Nassau County voter registration rolls and consider the large percentage of us Baby Boomers who are rapidly approaching retirement age and moving into reduced and fixed-income status as we enter our “golden years”.

Thank you for your consideration of this request. I look forward to hearing from you.

Sincerely,

Chris Wendt

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Lorraine DeVita August 02, 2012 at 01:37 PM
LOL, Does that mean Romney offshored his sizeable accounts too soon? Unemployment is not JUST a number to be spouted by either party - unemplyment is people , families , and struggle on many different economic levels. Just a question i want to throw out here, how about some of the blame on the unions unions? Their fierce refusal to accept the fact that that MANy of their members are losing jobs across this country due simply to the fact that they are adamant that the UNION does not give up anything -causing vast numbers of their less senior members to become unemployed ? Wouldnt more people STILL be employed if Union Officals stepped back and looked at the greater good in keeping MORE of their membership employed even if it does mean participating in "givebacks"? YES, Politicians, party and politics are 65% of the problem, but the other 35% rest squarely on the short sighted selfish egotistical shoulders of the union leaderships.
Chris Wendt August 03, 2012 at 01:35 AM
@ Wayne on the lost jobs report...there is a tipping point on job losses, you know, where the losses reach that point where too much money is removed from the economy, and job losses accelerate and mushroom. One weeks's losses won't do this, but one bad week followed by a string of bad weeks.... @ Lorraine re unions to blame. Actually, I don't think so, primarily because union-related job losses fall into two categories: 1. Public sector, where jobs are cut to balance budgets; this is a zero-sum situation where 'X' dollars are cut by administrative fiat, and that money translates into either 'Y' jobs under an existing contract, or 'Z' jobs if concessions are made, but the dollars ('X'), and the negative impact on the economy is the same under either 'Y' or 'Z' scenario: 'X' dollars are removed. 2. Foreign competition with the private sector, where the delta in hourly costs (salary, benefits and fringes) between a US labor contract and a foreign workforce is just too great to be reasonably overcome by attempting to negotiate concessions, here. In those cases, 'X' dollars and 'Y' jobs fall out of the US economy, but 'X'/3 dollars go abroad to buy cheap labor which creates ''Y''x4 foreign jobs and creates a potential market for American goods, at least prospectively for the future, while the savings in cost to the American manufacturer is at least theoretically available for investment in R&D or to be paid out as dividends to shareholders, who can spend it, here.
Wayne Smith August 03, 2012 at 09:59 AM
Chris - Yeah,that's right: a deteriorating economy can become self-reinforcing, as can an economy that is in a growth mode. The problem is that employment is being held back not just by one thing but by a bunch of different things. Understandably, elected officials tend to think in terms of what they can do to help, but I would submit that it would be far more productive for them to think about what they are doing now that hurts. The continuing uncertainty over the "fiscal cliff" is a prime example of this problem, but there are others. This morning we'll get another employment report at 8:30. This is the big monthly report which will summarize job growth in the month of July. More optimistic economists are hoping for something like 100,000-120,000 new non-farm jobs, although there are those who think the number will be considerably less. Even the so-called "optimistic" projection wouldn't be enough to accomodate a growing labor force, before factoring in the 14% of this country who are already either unemployed, underemployed or working part-time when they really want full-time employment. A lot of these people are truly desperate. But hey, let's not worry about that fiscal cliff thing. After all, we've got an election....
Chris Wendt August 03, 2012 at 10:58 AM
Wayne, being an optimist is a dis-qualifier for being an economist, in my opinion. Personally, I have adopted a policy of not guessing at these kind of reports until they are published, and even then I leave room for the inevitable "adjustments" made perhaps months later. However, I do subscribe to the concept that politicians need to look at the obstacles they have created, especially by their having 'kicked the can down the road', and, the ever unpopular unfunded mandates they have saddled our school with. As with the Seaford School District financial data, especially the audit reports that are published on the website, people can look at data or not even bother to look at data with the same result: almost nobody puts the data into context and draws meaningful conclusions from it, as you are trying to do with jobs data, and the cumulative (net) effect or result of job losses, jobs created, and the actual types of employment people are laboring at in order to survive. But alas, consider the cliff, any cliff. It is impossible to fall off the cliff until and unless you reach the very edge, and then take another step. It is always that last step. And to those whose broken lives are already strewn about in pieces on the rocks below the cliff, the cliff no longer poses any danger at all.
Chris Wendt September 30, 2013 at 01:31 PM
Mrs. McCarthy never actually answered the question posed in my letter, although just recently I received a second automated reply, one year and two months later. .............................................................................................. Coincidentally, over this past weekend, I met the Republican candidate (hopeful?) who is planning to run against Congresswoman McCarthy next year. He told me he was in favor of smaller government and secure borders, and the other stuff right out of Newt Gingrich's playbook. I wished him luck, knowing full well that nobody has or will ever deliver on a promise of smaller government, and, that, unless he gets elected President one day, he will have no say about securing our borders, which is an Executive Branch responsibility. ............................................................................................. If the government shuts down tonight, then he may wish he was not a Republican running for Congress next year.

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