Economics
Don Baldauf for Congress




 


   The new Obama administration has developed their own “Economic Stimulus Plan” that they are
trying to model after the “building of roads and bridges” plan used during the depression. It’s nice to
see that they have opened up a history book, but they should have read the whole thing, not just the
middle.

  First, we have different forces that drive our economy today then we did during that time. We have
more of a consumer based economy that relies on people purchasing goods and services. The main
reason for building the roads and bridges came about after World War I when we saw the need to be
able to move our military around the country rapidly. That is why the “Interstate” road system was
developed. The unintended benefit was that it also increased “Interstate” commerce helping to rapidly
expand our economy.

  Times are different, problems are different and we can’t use solutions that apply to a different set of
circumstances. In addition, these road and bridge projects create finite jobs and do not address the
current causes for an economic downturn. If we, the taxpayers, are going to “invest” in “jump starting”
the economy, let’s do it in a way that will create ongoing jobs and allow a wider variety of people the
opportunity to fill these jobs.




  

  Let’s start by grabbing shopping karts at the front of Walmart. Then we walk the isles, filling them with
every product made in China, Korea, Taiwan, and any other foreign country. Then we separate these
products and identify the named “manufacturer”. Now, not that I want to pick on Mattel, I have nothing
against Mattel, but for this demonstration, I have to pick on somebody.

   Next, we engage Mattel in a conversation to determine how much it cost them to get each of their
products to the consumer. Now that we have a price point, we will develop a plan to manufacture the
goods for them in our own country. We will create employee owned companies, much like Lowes and
The Home Depot, to manufacture these goods.

  The funding will come from the money the Obama Administration plans to throw at roads and
bridges. The United States Taxpayers will receive stock in these companies, much like a venture
capitalist would. Once the companies are running and profitable, the stock will be sold to private
investors, recovering the money for the taxpayers.

   
  The jobs in these facilities will be first offered to those collecting unemployment. As they will be
“Employee Owned” companies, no need to unionize them. The employees will receive a profit sharing
package as part of their compensation. As long as the employees govern themselves accordingly, they
will remain competitive keeping their plant operating.

  With this approach, we will keep people employed long term. They will have more control of their
future. We will bring manufacturing jobs back and reduce the trade deficit. We will stop the transfer of
wealth from our country to other countries.
Taxpayer Economic Investment Plan
I HAVE A BETTER PLAN
Don Baldauf for Congress
5726 Cortez Road West #151
Bradenton, FL 34210

ph: 941-538-8547

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