I am a writer and a retired plumber. Pardon my grammar and spelling. And pardon my numbers as they are only examples of approximation. I have been a small businessperson several times. This plan raises the level of income for a generation and can be used when ever needed. It makes more millionaires and households that become hundred-thousandaires.
Adopt-a-Job
It's
absolutely true and it's a shocking fact that we need millions and millions of
new jobs and we need this now. We could have up to 16 million healthy workers
out of work and or working vastly underemployed. Our nations' workforce is
desperate and our families are being destroyed daily by economic stress and the
children are innocent victims whose lives are being ruined by parental
separation. Our Congress and our President and all the thousands of hours of
television time and the billions of words spent from our economic pundits and
the world's best economists have not produced an answer to this dire situation.
We must jump onto a plan which promises to relieve this condition and has
permanence for the economic salvation of the next generation.
If you agree
that we need immediate answers to a severe crisis, read below with an open
mind. Suspend your beliefs about economy and governments and absorb the impact
of the below plan:
Motivated
by an income tax deduction they would be foolish to refuse, each of millions of
millionaires sponsor 1 or 2 new full time jobs in 1 year for $60,000 each. The
tax deduction should return at least 150% (conservative approximation) of sponsorship cost, costing the treasury revenues of $60 billion for every 1 million full-time new jobs. However the Treasury is getting chock-full of dept busting income from the lifting of all tax exemptions among millionaire households. There won't be room in the program for all of the millionaire households wishing to save a ton of money and participate in the jobs program. The
sponsor may use the deduction only 10 times within 15 years for life, or a similar amount. For 1
million real jobs, $60 billion may be the most efficient spending our
government has ever done. This is capital spending, on human capital, capital
guaranteed to make positive return, read on to see how.
$20,000 tax
free discretionary funds go to the new employee at signing of a contract. The employee finds the job through applying to the program. Debts
paid, homes saved, big ticket spending, relief for families. Or the employee
can blow it all on gambling. This freedom of spending must be allowed for this
formula to work, motivation for all parties to participate must be strong.
Policies will prevent employees from jumping from job to job, defrauding
millionaire sponsors. A new employee must have been unemployed for a number of
months.
$20,000 is
secured to be part of the employee’s salary. A salary the employee has already negotiated. This could pale in comparison to
the regular rate of pay at a workplace. The plan is flexible to change this
amount relatively toward the reasonable good pay of the job, so long as it is suitable for living in our economy.
$20,000
discretionary funding goes to the new employer, who in addition to his new
subsidized employee, could then subsidize a second new employee, or buy
equipment, training, or advertising. Or, the employer could lose everything in
Vegas. Strongly motivating the employer is the discretionary aspect of the
sponsorship, which allows for thousands of uses for the cash. This freedom of
spending will be appealing and inspire creative expansion for brand new tasks,
for brand new jobs, to meet the demands of their brand new employees, who are on spending sprees across the nation.
Imagine 1
millionaire matched with 1 unemployed person and 1 employer within 1
year, followed by the injection into our economy of $60,000 from every
single new job. Imagine it happens many millions of times for a few years.
Imagine a labor shortage and employers needing really good resumes for employees
to study.
The
formula requires no sacrifice that is not repaid. It has no loop-holes or
inadequacies that can not be handled by policy. It’s mostly free-market
dependent, it increases existing wealth and makes more millionaires, it pays
for itself, it’s voluntary, temporary, makes millionaires patriots. It has the
potential to start strong and fast if the formula is adhered to. Most
importantly it makes a nation of happy and healthy employees whose families
stay together.
At 150%
return, supplying the $60,000 in tax return in payment for participation will
cost 60 billion dollars for every 1 million jobs. It all comes back quickly of
course, with the first 2/3rds of the amount hitting-the-streets immediately.
But we can budget this income reduction and take from other areas we all agree
are wasteful like military spending and ending our low Capital Gains tax rates
and consider all income taxable for the first time in our history.
Reader ask
yourself, ask your peers, what you the reader find what would be wrong with
this plan, why it won't work, what would make it fail, what loopholes can be
prevented? Do you see why the economy would get stronger and stronger? Do you
see why conservatives and liberals should like this plan equally? Do you see
how both the poor and the rich and the middle class, benefit from the formula? What are our chances of passing a plan using this formula, with this congress
and this president?
Reader,
please don't consider your approval or not of this proposal today. Please chew
on this proposal. Families are falling apart right now and they need and
deserve your thorough consideration of this program. Ignore your party
affiliation or this will fail and more families and children will suffer
permanent damage. Besides, fools make up their minds in seconds for answers to
problems taking years to develop and to grow complex.
Reader, some of you hate this president and so will see
several things wrong with the proposal in a bias (that you will not recognize) just because he will be signing it into
law. Personally I would support an Oak tree if the tree had a plan that saves
families from despair. But it's your prerogative and it's your post death
legacy.
"The most generous persons I have ever known have all been poor. They deserve this."
"The most generous persons I have ever known have all been poor. They deserve this."
