Wednesday, November 22, 2006

New Direction for Democrats

Ken Jarboe issues an excellent post on what the Democrats should do, his ideas somewhat better than the chart listed from the WSJ. I decided to provide a detailed Plan of my own, as suggestion to a Democratic leadership who still allows a Republican Conservative agenda a multiple-rostrum on which to attack any agenda. Be sure to read the Jarboe piece, before reading my list!
1) Raise the Minimum Wage: While it has been claimed such increases effect higher Unemployment among such Workers, no one has ever come up with definitive data, either here or in other countries, which documents such effect; basically because the enhanced purchasing power of this class of Workers generates an increase in business greater than imagined–basically due to the need for added Retail Workers.
2) Do not restrain CEO pay, simply legislate that CEOs cannot get a Benefits package any year greater than their salary; they must return the excess gratuities to the firm.
3) Forget about Unions, but in a nice way.
4) Eliminate the Earned-Income Credit, fix the Tax system overall instead.
5) Ignore the Bush Cuts, simply replace them with an effective Tax system.
6) Treat Capital Gains like any other form of Income, but give a 25% Tax Credit for Investments over 3 Years duration in business sited on American soil.
7) Establish a formal Buyout system for all Job eliminations, a universal Federally-mandated Point system based upon years of employment and Wages previously paid. Save the States and small business by delaying Unemployment Benefits for 6 months past date of release.
8) Establish a Universal Health Care system based upon salaried Health personnel employed by Health Regions, who can transfer Personnel as Need arises; and upon Drug and Equipment payments based upon Production Cost, Patent rights of the later are to be determined by set fee upon award of Patent–based upon relative estimated use of the Product and the Production Cost of the Product.
9) Education and Community college education should be merged, paid for by local School Boards with Federal subsidy. Students should have extensive Counseling as to their Occupational choices, and have their curriculum set with Occupational fields in mind.
10) Health Care Costs should be paid by a Regional Pool of Businesses within the Region, supplemented by Medicare and Medicaid payments.

That is about the size of my program. Did I mention the need to reorganize the Frederal Tax system? lgl

No comments: