'"based not on redistribution but on growth, work and opportunity"
That is gross. It is beyond just a lie, all the way into calculated destruction of what America was at its best, postwar.
The Republicans have been following a policy based on redistribution upward. They've taken all of whatever growth there has been, and more, all for their privileged elite given tax breaks and huge financial rescues for any bad bets.
It is the Republicans who have impeded growth, who have insisted that "stimulus" be largely tax breaks for them, instead of projects to grow the economy by rebuilding infrastructure and investing in the future. This article if published at all ought to be accompanied by a damning editorial commentary on lies and sabotage of good governance.'
"This is an exciting prescient piece. You should write about this topic on a regular basis. A stunning revelation, "And there was even John Maynard Keynes, who suggested that a 15-hour workweek would eventually be considered full-time." This is my personal favorite solution. It is not an original idea with me but it was generated in a conversation that I had with Wassily Leontief during the deep, double-dip recession in the early 1980's. That was a very painful recession and many people lost their jobs and businesses. Dr. Leontief, who was a Noble Laureate, wrote a piece in Scientific American, "The Distribution of Work and Income", he seemed to have a long-term world view of economics and could see that we were working our way into a future that would not generate enough jobs to provide a decent standard of living in industrialized countries.
His theory was that by significantly reducing the work week and still pay a living wage, the new leisure time would create even more demand for new products and services that would expand the economy. It made a lot of human behavior and economic sense to me and every time, I have the opportunity to write or talk on the subject of the distribution of work and income, I make this suggestion.
We have an instinct to pursue pleasure. It is hardwired in our primitive brain. I am reasonably certain that starting with a 3.5 day work week with an 8 hour day for the equivalent livable income would set the World economy humming."
The US has for a much longer time been led by budget cutters as the essential policy of the dominant GOP, so it’s become a norm. We don’t even know we are sick! But then our election financing is uniquely and legally dominated by big $$$ for the top 0.1%"
- New Mexico State University1982
- SymmetricomHardware Manager, 2011 - 2013
- Cisco systems, Inc.Manager and engineer, Hardware design, 1995 - 2011
- MCNC1990 - 1995
- Bell LabsMember, Technical Staff, 1982 - 1990
Chapel Hill, NC
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