"John R. Carroll" wrote:
Earnings growth and real wage increases.
Primarily the latter.
Partner government with the private sector and get going on the following:
1) 100 new, modern nuclear electrical generating facilities.
2) 100 new solar and wind powered electrical generating facilities.
3) An energy grid to distribute that power both regionally and locally.
4) A three dollar per gallon phased tax on gasoline pumped into passenger
vehicles.
5) Upgrade the countries Interstate HWY system and repair or replace every
defective under and overpass/bridge and tunnel.
6) Real reform of the banking and financial system. Shut down or break up
the 10 largest by having them value their assets at the current market and
declaring them insolvent. You'd need a resolution authority to do that.
7) Basic health care on a universal basis with more comprehensive coverage
through private coverage.
Right now, in a recession, increasing taxes would be a very bad move.
Increasing taxes is nuts. We need to increase revenue by increasing the
earnings pool that the taxes come from.
That is going to take investment.
I was with you on 1,2,3. My 45 mile commute would kill me with a 3 dollar gas tax unless
EV's were economic and had range.
I'm still trying to figure out how when I'm driving down an interstate near chicago, I
have to pay road tolls. Was it a federal highway at birth?
Banking, there needs to be a ratio between savings and loans so depositors don't get raped
for loaning the banks money.
7 is a bit more rational than some ideas going around. I am a compasionate conservative.
Wes