Saturday, August 14, 2010

The Economy!

Dear President Barack Obama


A lot of people have been crying to you about the American economy -- which is pretty sluggish, but the GDP (Gross Domestic Product) where it was reported that: "Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 2.4 percent in the second quarter of 2010,(that is, from the first quarter to the second quarter), according to the "advance" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 3.7 percent."

Even though public sector jobs have been slashed, private sector jobs have been growing and it's showing that your stimulus package--with the other amendments are working as the Bureau shows: "Gross domestic purchases:

Real gross domestic purchases -- purchases by U.S. residents of goods and services wherever produced -- increased 5.1 percent in the second quarter, compared with an increase of 3.9 percent in the first. Disposition of personal income:

Current-dollar personal income increased $123.9 billion (4.1 percent) in the second quarter, compared with an increase of $122.8 billion (4.1 percent) in the first.
Personal current taxes increased $1.3 billion in the second quarter, compared with an increase of $19.6 billion in the first.

Disposable personal income increased $122.6 billion (4.4 percent) in the second quarter, compared with an increase of $103.3 billion (3.8 percent) in the first. Real disposable personal income increased 4.4 percent, compared with an increase of 1.7 percent. (T.A.R.P.)

Despite the banter and rhetoric coming from the Republican base about to much spending and too much taxes--you polices are helping business improve, they're making model citizens work and achieve.

In New Jersey, people are feeling the benefits of your hard work -- as jobs are being created. Even with the high level of taxing or fees done by the new Governor in Chris Christie, New Jersey's Department of Transportation and the New Jersey Transit in July alone brought in revenue of $1.6 billion. Where private sector jobs increased, and infrastructure jobs followed.

As bank have seen higher profits and quality control on investments and return rates -- as asset based lending and traditional lending has sparked a growth in the general economy. Yes the private sector is growing, yet it's not growing fast enough, and the 3.7 increase in the GPD isn't enough to prevent a second double dip. And it's not the polices you have placed that has made this a cry for the double dip.

We are double dipping only on the notion of some leaders refuse to get along -- rant and rave about problems that don't exist, call for budget cut of $1.3 trillion dollars in funding--just to watch 75 million citizens out of the 300 million go bankrupt.


There is a high unemployment rate going on with the 9.5% and many are scratching their heads on why, plus what's going on in the public and private sector. The Private Sector who's companies are based on low wage jobs -- are finding it hard to secure funding, and the Bush Tax cuts don't apply to them--just make it a burden for them to receive tax cut: (abatements) or Tax Credits (Government Contracts) since many of the sources of funding would have to come from legislation that would require local government to pass law for those entities.

I am a small business owner, who was given the opportunity to be a part of a program from the Department of Energy--in the Deepwater Horizon project under the SBIR program. We have filed and has been approved on the federal level for the funding of this program. Yet, we haven't been able to get local government in the city to draft and vote on legislation.

Business, and those that are working hard to improve the quality of life in America are trying, and are playing by the rules -- they are doing everything needed to qualify for the program noted. Like getting a government contract means a small business would have to do the following steps:

1) Before you can bid on government proposals, you'll need to obtain a couple of registrations. First, you will first need to obtain a Dun & Bradstreet D-U-N-S Number, a unique nine-digit identification number for each physical location of your business. D-U-N-S Number assignment is free for all businesses required to register with the federal government for contracts or grants.


2) Secondly, you'll need to register with the federal government's Central Contractor Registration (CCR), the primary database of vendors doing business with the federal government. Federal acquisitions regulations require all prospective vendors to be registered in CCR prior to the award of a contract; basic agreement, basic ordering agreement, or blanket purchase agreement. Next, you'll need to fill out the Online Representations and Certifications Application (ORCA), in which you provide additional information about your company and its business activities. The Federal Acquisitions Regulations, Section 52.212-3, Offertory Representations and Certifications - Commercial Items, explains the information that you'll be asked on ORCA.

3) Businesses interested in getting on a GSA schedule contract, should obtain an Open Ratings, Inc. Past Performance Evaluation. Open Ratings, a Dun & Bradstreet Company, conducts an independent audit of customer references and calculates a rating based upon a statistical analysis of various performance data and survey responses. While some Schedule solicitations do contain the form to request an Open Ratings Past Performance Evaluation, vendors may submit an online request directly to Open Ratings.

I am writing this letter online and sending it to your social networking site-- on the simple notion that we at this company which hosted: The Next Generation of Leaders Movement: has followed all the rules, have registered in the system, and has been using the rule book to the teeth, and we are getting the foot in Jersey City, new Jersey on the simple criteria of campaign contributions, and notary of educational respect.

I am not complaining about the changes you are making, and the chances you are giving citizens to achieve a better life. I am mad about the banter on non transparency in Government at the local levels, and state levels. Coaches! 101 has quilifed and worked hard to achieve that $250,000 in grant moneys from the New Market Tax Credit under the Hire Act--yet it's local government prevent our program. We have done the proper paper filing for the $100,000 SBIR credit from the Department of Energy, and under the rules for "T.A.R.P. we have filed the correct paper work with the SEC, and followed the rules for getting a contract with the United States of America. So where and why is a company like this one having so much problems.