If I were Obama's Economic Advisor Revised

Dear Mr. Obama,

I have noticed that one of the factors of our ailing economy seems to be the slowly rising unemployment rate. America's unemployment rate has rose from 7.2% to 7.6%, as reported by the Bureau of Labor Statistic's, January 2009 Employment Situation Summary. Although the current unemployment rate is small in comparison to that of the Great Depression's 25%, more jobs must be created if we wish to prevent our current unemployment rate from rising to higher levels. I propose a plan to create new jobs for Americans.

All companies with an annual revenue of $500 million or more that choose to sell their products in America must base at least 10% of their manufacturing workforce in America. According to the World Trade Organization's, World Merchandise Imports by Region and Selected Economy for 1996-2006, America imported $1.9 trillion worth of goods in 2006 alone, higher than any other individual country in the world. America is the largest consumer in the word, therefore all of these large companies cannot afford to lose their revenue planted within the American people.

During his first inaugural speech, FDR said, "the only thing we have to fear is fear itself..." You must continue to reassure the American people that our current economic crisis is not as threatening as the Great Depression as you did in your inaugural speech. "“Today I say to you that the challenges we face are real, they are serious and they are many. They will not be met easily or in a short span of time. But know this America: They will be met.” They will lose confidence in the ability to progress if you even begin to hint that you are not confident in America's ability to overcome this situation or if you favor discussing the hardships rather than the solutions.