Shortly after President Obama was elected, well-known Alabama businessman James W. Fullington sent a letter proposing a simple plan to stimulate the economy to the White House.  He has yet to get a response:

Dear Mr. President,

I listen to both the liberal and conservative news each day.  It simply amazes me that none of these news services ever mention the word INVENTORY!

The key to our country getting out of the economic crisis that we are currently in is to purchase inventory so that manufacurers wil have to replace it.  The simplest way to expedite this process is to take the following steps:

A tax credit of up to $20,000 would be given to an individual or a family for the purchase of a car or home. The purchase would have to occur within 90 days after the plan is made available to the taxpayer by the government. The tax credit cannot exceed the tax liability of the individual or family.

Once this plan is implemented, it becomes like a peristaltic wave. It causes the manufacturing process to crank up again.  Once this process starts, it creates new jobs and new income to go into the general economy. This method will utilize manpower , dollars, and create a healthy growth.  The current program that has been put before the Congress as a stimulus  plan is so unworkable that it is like planting a tree upside down and expecting it to grow and be productive. 

In summary, I believe as Ronald Reagan did, that a plan should be simple and workable so that even the stupid will understand it, - so this should include the Congress.

A Dedicated American,

James W. Fullington