Firstly, minimum wages mean nothing without corresponding maximum ones.
Minimum wages are a dog chasing its own tail. A business owner will never give themselves a pay cut to give you a pay raise. They will increase prices and pass the cost on to the consumer, which is you and me. Ergo, the cost of living goes up and we’re right back at the beginning in 15 months.
Constant “low inflation” is unsustainable because it fails the pragmatism test. In 100 years are our descendants going to find the fact we thought $100 was a substantial amount of money quaint? How about we actively dial this shit back so that our money actually has actual value again. Printing more money doesn’t make more money, it just makes the already existing supply worth less.
Closing the “infinite money hacks” that the wealthy use to dodge taxes is related to the last point. If you have the assets to cover aloan, the Bank should legally be forced to tell you to kick rocks. Force these cheats to liquidize their assets and pay capital gains taxes like the rest of us.
Restructure how currency is backed so that it has multiple standards, even if those standards are as ethereal as debt. I personally think currency should be backed by labor-time. Your labor generates a set amount of real, tradeable value, and as this is taxed, it pays down the Debt backed securities, keeping this type of Federal Exchange derived funds in check. This gives companies an incentive to pay you a living wage, and one where you can actually generate savings. (see point one if you are about to complain that this would turn into a runaway inflation system. Maximum wage, Remember? ;) )
CEO’s should be have their salaries tied to the lowest paid employees in their company. This should be expressed as a percentage. If the CEO wants to get a raise, they have to also have to float everyone else in the company first. Same with board members.
Overturn Citizens United. Over turn Dodge Brother vs Henry Ford. Give the Dodd/Frank act some actual teeth. White collar crimes get HARD jail time, not Fines that become Golden parachutes.
Minimum wage reform, and inflation reduction.
Firstly, minimum wages mean nothing without corresponding maximum ones.
Minimum wages are a dog chasing its own tail. A business owner will never give themselves a pay cut to give you a pay raise. They will increase prices and pass the cost on to the consumer, which is you and me. Ergo, the cost of living goes up and we’re right back at the beginning in 15 months.
Constant “low inflation” is unsustainable because it fails the pragmatism test. In 100 years are our descendants going to find the fact we thought $100 was a substantial amount of money quaint? How about we actively dial this shit back so that our money actually has actual value again. Printing more money doesn’t make more money, it just makes the already existing supply worth less.
Closing the “infinite money hacks” that the wealthy use to dodge taxes is related to the last point. If you have the assets to cover aloan, the Bank should legally be forced to tell you to kick rocks. Force these cheats to liquidize their assets and pay capital gains taxes like the rest of us.
Restructure how currency is backed so that it has multiple standards, even if those standards are as ethereal as debt. I personally think currency should be backed by labor-time. Your labor generates a set amount of real, tradeable value, and as this is taxed, it pays down the Debt backed securities, keeping this type of Federal Exchange derived funds in check. This gives companies an incentive to pay you a living wage, and one where you can actually generate savings. (see point one if you are about to complain that this would turn into a runaway inflation system. Maximum wage, Remember? ;) )
CEO’s should be have their salaries tied to the lowest paid employees in their company. This should be expressed as a percentage. If the CEO wants to get a raise, they have to also have to float everyone else in the company first. Same with board members.
Overturn Citizens United. Over turn Dodge Brother vs Henry Ford. Give the Dodd/Frank act some actual teeth. White collar crimes get HARD jail time, not Fines that become Golden parachutes.
I think I could milk that for a good 20 minutes.