This publication consists of four proposals to address the unequal distribution of income in the United States and popular representation.
The first proposal is called The Balance Stimulus. The aim of the Balance Stimulus is to provide low income people with the means to overcome impediments to achieving higher incomes. Although it may be difficult to accomplish, I’m beginning with this proposal because it identifies the obstacles lower income people face in achieving higher incomes which illustrates the necessity of all the proposals.
The second proposal is called Lowest Paid Employee Wage Disclosure Marketing. The idea is consumers would be willing to pay more for products where the employees who manufacture those products are paid higher wages. This means a company could marginally increase prices to pay employees higher wages. The incentive for the company is a greater share of the market as consumers choose their products over their competitors products. If you imagine a situation where when you’re shopping the lowest paid employee wage is listed on the products, many consumers will choose brands of comparable quality that pay their employees more. This can be accomplished by convincing companies who already pay impressive wages to incorporate disclosure into their marketing strategy. Then their competitors follow suit and other companies from other industries adopt the strategy and the consumer is able to increase wages by choosing products where workers are best compensated.
The third proposal is another idea that has to be promoted to the private sector. It’s called the Round Up Gratuity Option. RUGO gives consumers the option to round up to the nearest dollar or beyond when making purchases. It’s intended for any business that has a high volume of transactions relative to the number of employees. Any kind of retail, Walmart, Target, grocery stores, fast food, gas station attendants etc. RUGO gives cash paying customers the opportunity to avoid change that in many instances they don’t want anyway. It gives all customers the opportunity to feel good by contributing to the livelihood of what is typically low wage work. The measure itself has the potential to increase wages across the entire economy. As employees working in a RUGO viable industry begin to make more money, other industries will be forced to pay more to compete for labor.
The final proposal is the most elaborate and probably the most difficult to achieve. The proposal is called a Center for Economic Planning and if created, people will benefit from having more income opportunities, a better quality of opportunities, the ability to participate in major decisions of production, and also the means to compete against industry in investment politics. The first one can be created at the federal, state, or local level. It’s effectively a corporation owned by all the people within the jurisdiction it is created in, operated through democratic mechanisms, but existing as a private entity. It allows people to participate in creating investment strategies to create and acquire businesses, and democratically decide how profits will be reinvested or allocated.
After finishing this book I’ve added two additional proposals.
The 5th proposal is a low income gas subsidy. The low income gas subsidy sets a top price that people in the bottom 40% of the income distribution will pay. If that price is set at $2 per gallon, anyone in the bottom 40% of income earners can sent their gas reciepts to a government agency and be reimbursed for fuel purchased that exceeds $2 per gallon, up to 100 gallons per week.
The 6th proposal called Live Marketing. Live Marketing consists of two ideas, the first of which would create jobs for homeless people and second would allow low income Americans to supplement their income by wearing clothing that advertises for businesses. Both ideas require the creation of a third party to facilitate the interests of business and the public. This third party could be a non-profit or a profit business .