Frame:Economy

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1 Framing: The Economy

Framing: The Economy

This page is for creating frames about the economy. This includes both the U.S. economy and the global economy.

Framing Rounds Involving the Economy

Please list any rounds here. If you are the coordinator of the round, copy the round template from the Templates section, below, to this section and replace sections enclosed in braces to indicate the target close date and other information about the round. Add a reference to the diary that establishes the round where indicated.

Unfinished Pieces of Frames About the Economy

Please put unfinished text in sections here. Start with “Note 1” and number them successively.

Note 1

(This section is moved from the original Vision for America page.)

Look into replacing the General Agreement on Tariffs and Trade (GATT) with the General Agreement on a New Economy (GANE)

Insist that NAFTA, CAFTA, WTO, etc. include standards for worker safety, environmental protection, fair wages, and protection of the right to unionize. This will protect the dignity of foreign workers while somewhat lowering their cost advantage. It will prevent a "race to the bottom" to see which countries can most harshly exploit ordinary people.

Note 2

(This section is moved from the original Vision for America page.)

Cut pork and corporate tax breaks. Specifics at Taxpayers For Common Sense

Yes, I remember Walter Mondale. In spite of what happened to him, we need to be honest about the need to raise more revenue. Federal expenditures, in round numbers, are now roughly 1/3 military, 1/3 entitlements, and 1/3 everything else. The deficit is as big as any third. In other words, balancing the budget without a tax increase would require eliminating 1/3 of all federal spending. That's a fantasy. We should say so.

We should make lemonade out of this lemon by seizing the opportunity to grossly simplify the tax system -- make "tax reform" a Democratic issue!

Cut it down to two brackets.
Exempt a larger amount at the bottom from all taxes.
Eliminate special treatment for capital gains.
Limit the mortgage interest deduction to PRIMARY residences, with values under $500,000 (perhaps higher for high-cost metro areas).

If we do this right, we get points for honesty, points for simplicity, points for favoring the little guy, points for protecting our kids from a crushing debt load, points for boldness.

I'm sure there are others out there with good ideas to add. C'mon and wikify this.

Templates

===Framing Round {sequence number}===
{Description of the round}
{Target date to close the round}
Establishing Diary: {Put reference to the diary establishing the round here}[{copy of URL to diary} {title of diary}] by {author of diary}.
====Diaries commenting on framing this topic====
Authors commenting on this topic add references to their diaries to the list below.
* [{copy of URL to diary} {title of diary}] by {author of diary}.

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This page was last modified 01:56, 21 January 2007 by Rich Wingerter. Content is available under the terms of the GNU Free Documentation License.