[Occupymendocino] rewrite letter to the Editor
Agnes Woolsey
agnes at mcn.org
Sat Sep 15 23:10:56 PDT 2012
An open letter to President Obama 9/15/12
President Barack Obama
The White House
1600 Pennsylvania Ave.
Washington, D.C. 20500
The Honorable President Obama:
I listened to your magnificent speech at the D.N.C. and heard praises for your efforts increasing health care coverage for millions.I am aware that politicians in the pay of big money have blocked or weakened legislation to regulate banks and to get the economy up and running.
As a member of the Occupy Movement I am appalled at knowledge that four million people have been out of work for over a year and home foreclosures are on the rise nationwide.
I agree with Jim Hightower who said:
"The one simple thing that would add juice to the economy is a raise in the minimum wage to $10.00 an hour. this would elevate 30 million Americans now paid poverty wages. While it would be tough to raise a family on a $10.00 an hour wage ( roughly equal to a yearly income of $20,800) , it would create an immediate infusion into the economy with 30 million people buying goods and services they have put off due to poverty level wages."
A study by the Chicago Federal Reserve Bank last year found that every dollar increase in the minimum wage produces an immdiate bump in the next year of $2,800. per recipient in consumer purchases.
Poorly paid workers had no role in the economic crash of 2007-2008.
It was done by the highest paid CEOs and wealthiest speculators. I urge you to use you powers as president to light a fire under a corrupt Congress to raise the minimum wage now.
Sincerely,
Agnes Woolsey
P.O. Box 163
Mendocino, CA 95460
tel. 707.237-2377
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