How to re-start the American Economy


Everybody has ideas. Here’s mine.

Step 1: Pass legislation that temporarily allows 62-69 year-old people to retire with maximum Social Security payments. Put a one-year take-it-or-leave-it program expiration. It is conditional that retirees cannot work at another job for 12 months. If they violate this condition, their benefits revert to standard early retirement levels. This will add jobs to the economy and significantly create promotions in every industry. It moves full-time producers to full-time consumers of goods and services.

Step 2: Pass legislation that suspends FICA taxes for businesses whose net employee gain in 2021 is 5% or more for a period of 12 months. This will motivate businesses to hire FTEs rather than outsource work, automate their work, or shrink their workforce.

Step 3: Create a two-year Blue Collar training fund that pays adult men and women to achieve training certificates in the trades: electrical, mechanical, utilities, logistics, manufacturing, and computer-related. Pay 50% of the tuition up front upon registration/acceptance and the other 50% upon successful completion. This ensures there are skilled tradesmen available to take those vacant jobs. There could be an additional business bonus for those who hire and train employees for trade work.

If your country is going into debt, you might as well make a better economy than the one you had before.

Author: ReasonableCitizen

Reserved, inquisitive, looks before leaping, www.reasonablecitizen.com

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