Instead of expecting to revive the economy
by throwing money to defaulted or toxic loans
of banks and stock market speculators,
we should suggest the following resolution
to Congress:
Whereas, the employees of industries, businesses and public services of local and state government serve the public good and interest by providing goods and services, which directly influence the prosperity of the United States, we members of Congress, gathered today hereby propose that Congress enact into law the authorization of the federal government to fully fund the payment of all taxable wages for each person, who is employed on location in the United States, by such employers as listed above, whose operation is legally based in the United States, and that such payment be made in a manner according to the prevailing legal wage pattern established by and for each such employer, and furthermore that Congress shall have the authority to authorize the continuation of this enactment each year thereafter by the approval of an affirmative majority of the members of both houses of Congress.
There are many benefits to support the adoption of this proposal.
The Congressional appropriation of money, to pay the wages of all employees in the US, (the
military, being exempted), would stabilize and invigorate the current and future state of the
economy.
Removing the cost of wages from employers will spur employers to use that savings to develop new and appropriate economic applications.
This proposal to “pay the wages of all workers in the U.S.” would win the support of the Democrat and Republican members of Congress, employers, and workers in the U.S.
The government payment of wages would increase job opportunities and help resolve the concerns of whites and minorities, regarding who gets to be employed and would help to prevent the potential ethnic conflict that could result from economic disadvantages.
It would also enhance the importance of organized union membership as an enlightened labor movement and win the goals of all workers in America. Unions would have a significant role to play in business, industry and public services by recruiting employees for career placement opportunities and organizing the management of employees.
President Ron Gettelfinger has noted that 8 to 10% of the cost of a GM car is attributable to labor costs. If the Big Three auto companies were freed from their labor cost, those companies could invest those cost savings to maintain their employees and adapt their operation to the production of products and services that are appropriate for viable customer markets, including efficient, affordable public transportation.
The US Department of Labor has reported that the wages paid to ALL workers in the US during 2007 (except for the military) was $1.532 trillion dollars.
Compare that $1.532 trillion productive amount of dollars with the enormous bailout funds of dollars that have been recently paid to resolve the collapse of toxic bank assets, which do little or do nothing to stimulate the economy. Will the government expect or be able to recover its funding of bank bailouts?
On the other hand, the government will be able to tax the incomes of all employers and the full employment of their workers and recover more than the money it spent to pay the wages of the workers in America.
If Congress authorizes the government to assume the responsibility of paying the wages of all workers in the US, a spectacular increase of job opportunities will occur to meet the increased demand for workers by thriving established and new employers who need employees with new labor skills that fit new technologies. A need to train people for opportunities will utilize a corresponding increase in the use of education facilities to achieve that demand.
This guarantee of wages, paid to employees of business, industry, and public services, will provide those workers and their families with expendable incomes. That income will generate customer purchases of much of the output of those industries, businesses, and public services. Those customer purchases will maintain a secure American economy.
When freed from labor costs, employers of industries and businesses would be able to use that saved portion of their income to renovate their operations and innovate efficient cutting-edge operations and employ additional workers to serve America’s production and distribution of goods and services that consumers and workers need.
Tell your Congress Person to support this proposal by going to this link:
http://www.brasschecktv.com/page/566.html
Thank you,
- WJ Anthony