Dear Mr. President:
I understand "the long view" plan for the recovery of this country. The current tax cut bill only delays this country's recovery and compromise comes at a heavy political cost to you personally.
You broke a campaign promise of doing away with tax cuts for the wealthy. The Republi-cons who you negotiated in good faith with, will no doubt, throw you under the bus upon your run for reelection. Only you will get blamed for the continued budget increase. I fear you will lose a huge voting block of moderates, independents and Progressives who held you to this promise.
This compromise on the tax cut bill only emboldens the Republi-cons with future fights on Social Security and Medicare. The people are witnessing capitulation and will take full advantage. Unfortunately, unless congress approves it... this new tax cut bill will prevent disabled Veterans, Social Security recipients and military retirees from receiving a Cost of Living Adjustment for at least 2 years. This blows another voting block for you.
The people will say, the Republi-cons made a good tactical move... they got the tax cuts for the rich for 2 years, and only gave up unemployment extensions for 13 months... this will be approximately 9-10 months before the 2012 Presidential election. Who else will this voting block blame for a bad compromise? Plenty of time for them to remember the bad deal they received. Undoubtedly Sir, the finger of blame will be pointed at you. Another voting block down.
Americans know this tax cut bill comes at a time when corporations have had their best 3rd quarter in history, yet, corporations still refuse to hire. The bailed out and protected Wall Street executives are getting record bonuses for 2 straight years, CEO's continue to reap rewards and all the interlocking chairpersons of the boards have their coffers full. U.S. Government workers have had their wages froze. The American people are taking cuts in wages, hours, pensions, health benefits; while they continue to increase productivity. Who do you think they will vent their frustration at... yes, you Mr. President. There goes another major voting block.
This is not a good compromise for you politically, for "the long view" or for the long term needs of the American people... show some prescience, please, it is your turn to just say "NO". Stress JOBS, JOBS, JOBS! If you make that your mantra for the next 2 years, it might save your Presidency.
If of course, the republi-con congress doesn't try and impeach you for something first.
Sincerely, Seven of Six