Why I’m Running For Senate
I am not a professional politician. I am running as a matter of conscience, and not ambition. Just like when you see someone drowning, and you are a certified water safety instructor, you offer to help, and just like if you are a doctor and you see someone bleeding, you offer to help. I see the American economy crumbling, and I know my specialized knowledge and experience make me uniquely qualified to fix it, and so I’m offering to help.
I support the traditional ideal that the American economy works best when people working for a living take home enough pay to buy the goods and services they produce, resulting in businesses competing for those consumer dollars and increased sales funding the millions of jobs we desperately need.
Unfortunately, this is currently not happening because the Federal government is taking too many dollars out of our paychecks. My plan—the Mosler Economic Restoration Plan—will solve this crisis.
The Mosler Economic Restoration Plan has three core proposals:
Unfortunately, this is currently not happening because the Federal government is taking too many dollars out of our paychecks. My plan—the Mosler Economic Restoration Plan—will solve this crisis.
The Mosler Economic Restoration Plan has three core proposals:
- Declare an Immediate ‘Payroll Tax Holiday’ — The U.S. Treasury will no longer deduct FICA, Medicare and other Federal payroll tax deductions from your paychecks, resulting in an immediate increase in take-home pay of roughly $650 per month for a couple with a combined income of $100,000 per year. That’s big money, and the extra cash will help you pay your mortgage and car payments, which helps the banks the right way, from the bottom up, and not through the top down bailouts of the recent past.
- Give U.S. States Revenue Share Money Based on Population — Provide each State government with an immediate, unrestricted $500 per capita of revenue to spend where they decide they need it most. This will amount to approximately $1.75 billion for Connecticut to help fill the holes created by the recession.
- Fund an $8/Hour National Service Job for Anyone Willing and Able to Work — This will provide transitional employment for the unemployed, preparing them to find new private-sector employment as businesses look to add millions of new jobs to meet the demand coming from a rise in spending due to the increased take-home pay from my first proposal.
To read more, download Warren's book here: http://moslerforsenate.com/wp-content/uploads/2010/06/7DIF.pdf
