Tag Archives: Trade Deficit

The Most Practical Plan For the Economy

Dennis Kucinich’s approach to the economy is so practical and farsighted, I sometimes wonder why it isn’t discussed more; even by Kucinich! But, I guess Iraq is always the dominating issue.

However, amazingly, this plan addresses: balancing the budget, tempering the Pentagon war machine, fair taxation reform, leveling the business sector to enable small businesses to compete, our $800 Billion trade deficit, worker’s rights human rights and environmental concerns, the millions of outsourced jobs, and  rebuilding our crumbling infrastructure-while at the same time creating more national wealth with millions of jobs, promoting renewable energies and saving families money on bills! It is insanely practical and wholly part of his message of “Strength Through Peace” for America.

In the same way that Dennis Kucinich will strengthen our security internationally by creating pragmatic relationships of peace, based upon equality and fairness, so he will at home by creating a more balanced economy and more equal society. To start with, Kucinich will repeal the Bush tax cuts for the wealthy and then double the tax refunds and credits for Americans earning $80,000 and less. He will create a more level playing field for small businesses by reconstituting the trust-busting powers of the Justice Department and breaking up the monopolies that make competition next to impossible in many industries. Further, he will slash the bloated Pentagon budget that we spoke about earlier by 15% to provide for universal education, pre-kindergarten/daycare through college, as well as a new public works program, called the WGA, which in turn will create millions of new jobs.

Regarding our massive trade deficit, mounting over $700 Billion/yr, and the millions of jobs our country has lost through trade agreements (3 million manufacturing jobs lost since 2000 alone) Kucinich is the only candidate willing to address the problem head on. As one of his first acts in office, he will notify NAFTA and the WTO that America is withdrawing from the agreements, thus protecting massive outsourced job loss, stimulating the economy and getting us on the road to recovery nationally; as America starts to produce goods that Americans purchase. No longer will it only be about corporate wealth, but national wealth as well, and Dennis will agressively pursue that these corporations pay their fare share in taxes too.

We will return to bilateral trade, based upon workers rights, human rights and environmental principles. No more exploiting workers for slave wages. No more ruining the environment for profit. Workers will be empowered and the rights of American workers to unionize and enact effective collective bargaining will gain more strength by Kucinich’s promise to repeal the Taft-Hartely Act.

And finally, Dennis will create millions of new jobs and more wealth among the middle and working class and small businesses, while simultaneously addressing our crumbling infrastructural problems and energy needs. Through his Works Green Administration, or WGA, Dennis is investing in the environment, as well as our future, while stimulating the national economy. Inspired by FDR’s Works Progress Administration, the WGA utilizes the Environmental Protection Agency to put millions of Americans back to work rebuilding our schools, bridges, roads, ports, water systems, and environmental systems. Not only does the bold practicality of the plan lie in putting Americans back to work by investing in the national wealth of our own infrastructure, but the plan also incorporates environmental and energy concerns to further create wealth for the country and save individual families more money. For example, not only will the public works projects stress green building and renewable energy technology, but the plan will enable homes to be retrofit with green building, solar and wind microtechnology which will save families money on their energy bills.