The beauty of this strategy is that it does not exacerbate the deficit or balloon the size of government mass health insurance.In which will the cash come from? At present, we're in the middle of a big liquidity crisis. 3) The government will insure the initial investments (i.e., the Founder Stocks) that go into the venture. In return, the government will be given a 15% ownership of the Founder Stocks. The bulk of the fund will come from a sea of capital that is at present sitting on the sidelines hunting for secure and profitable sources of investments. As a more incentive, the government could waive capital gains and dividend taxes on these funds.
4) The Energy and Wellbeing Funds will fund new and existing ventures to accomplish--in record time--the targets set by the blueprints.
five) The government will subsidize some of the non-profitable elements of the strategy (for example, some components of the public power grid, basic health-related research). In these scenarios, the government will acquire further stock in return for its investments.
six) When these two initiatives are successful, the government will eventually sell its stocks to fund Medicare and Social Security. There are sixty trillion dollars in unfunded entitlements, mainly in Medicare and Social Security, which will somehow have to be financed. Escalating taxes on a job base which has shrunk due to globalism is not the solution.
This plan will put America back to perform in record time at minimal expense to the taxpayer. It will also revive the monetary markets. America will be issuing government-assured securities that are backed by actual infrastructure. The plan shifts the implementation of these initiatives from the public sector, transforming them into public private initiatives, resulting in enhanced creativity and job development. Checks and balances, hard underwriting, transparency, bullet proofing from lobbyists and all these who will try to subvert the approach for person profiteering, large principles, and in depth due diligence are paramount to a effective plan.
Implementing this strategy will mobilize resources from each and every sector of our financial system.... research and development, capital markets, domestic factory production, development, and most importantly will harness the underutilized talents and energies of millions of American workers in all skill categories. The jobs created need to be domestic ("sticky") and not simply transferred offshore.
Structuring the energy and wellbeing initiatives as proposed, will enable them to be implemented on a a great deal larger and nicely funded scale than merely appropriating restricted government funds for government administered initiatives. Just as important, the nation will be provided a new vision to strive for, distracting its interest from the self perpetuating spiral of worry of global systemic failure we are when yet again in. It is a win-win proposition for placing America back to operate. It's a new locomotive of development for the 21st century. It will develop millions of new American jobs devoid of adding new taxes or expanding the deficit. More than time, the new jobs will cut down the deficit and make America the most productive country on earth.
The Federal Government has just finagled a deal with GST and the States (except WA.) on returning some GST funding to go towards their respective Wellness systems and hospitals.
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