With the meltdown of the economy, people are begging for leadership in this issue. Fortunately, the Falconist
Party has a comprehensive program to rebuild our economy. Our program to build a foundation for a growing economy consists
of the following elements.
Overhauling the American financial
system by replacing the semi-private Federal Reserve with a U.S. Government owned-and-operated Bank of the United States.
Implementing the FairTax plan which
will replace the income, corporate, payroll, social security and Medicare, alternative
minimum, estate and gift taxes with a inclusive 23% National Sales Tax and include monthly “prebates” of $187/month
to every legal resident as well as $65/month for every child living in that legal resident’s household.
Reviving the WPA, PWA, and creating
a U.S. Green Corps that will put the able-bodied unemployed rebuilding and serving America at living wages.
Institute a nationwide program to
build desalination plants, pipelines, reservoirs, roads, bridges, airports, high-speed railways, educational facilities, health
care facilities, public safety facilities, affordable housing units, information transmission capabilities, and other infrastructure
essential to our economy.
Move our health care system from
an employer-based health care system to a citizen based health care system with the Guaranteed Healthcare Access Plan.
Increasing legal immigration and
assimilation while cracking down on illegal immigration though or immigration reform policy.
Fighting and winning the war for
Instituting a national Fair Labor
Practices Board with grievance committees in every workplace
Instituting a national savings-investment
plan to operate side-by-side with social security
Merge the departments of commerce
and labor into a Department of Economics
Federalize and reorganize the U.S.
Chamber of Commerce (USCC)
Create and fund a nonprofit corporation
to buy formerly American businesses and bring them back to the U.S.A. as well as create new companies around patented inventions.
Reduce waste, fraud, and graft by
reorganizing federal agencies, consolidating federal agencies, and reforming the civil service system to reward outstanding
service and efficiency.
The Falconist Party will overhaul our financial system by replacing the semi-private Federal Reserve with a U.S.
Government owned and operated Bank of the United States (BUS). The BUS will be headed by a Chairman who would be appointed
by and be subject to dismissal by the President of the United States with the consent of Congress. The BUS will then issue
credits to state and local governments to finance rebuilding programs and credits to the private sector to rebuild, re-tool,
and expand America’s economic engine.
The FairTax is a progressive consumption tax that will tax the overall size of our economy as opposed to the
wage-earners and businesses. The FairTax will tax people on what they spend as opposed to what they earn. The FairTax will
do the following.
Abolish the IRS as well as the filing
of tax returns by the average American citizen
Save America $500 billion a year
in tax compliance costs
Preserve the progressive structure
of taxation with the prebate system
Encourage trillions of dollars to
flow from Offshore Financial Centers back to the USA where they will be put to work.
Tax the underground economy anytime
criminals, illegal immigrants buy retail
Increase the number of payers into
social security and Medicare from 160 million wage earners and businesses to 300 million legal residents as well as 50 million
tourists and illegal immigrants.
Encourage people to get more life
out of used goods and put an end to our “throwaway culture”
Reward savings, investment, and hard
work by taxing consumption instead of income.
Encourage businesses from around
the world to relocate their corporate offices as well as their means of production to the U.S.
The next part of our program is to institute a nationwide rebuilding program. The American Society of Civil Engineers
gave the USA an infrastructure report card grade of a “D+”. That is unacceptable. We will put 10-20 million people
to work at living wages. Our $1 trillion a year program will enable our economy
to grow at an annual rate of 10-15%. The national rebuilding program will include
the following projects.
Rebuilding all existing roads and
bridges that are in need of repairs
Rebuild mass transit systems as well
as expand them and building mass transit systems for more major cities.
Building new airports as well as
expanding existing ones
Building and rebuilding educational
Building and rebuilding health care
Building a nationwide network of
desalination plants, pipelines, reservoirs and irrigation systems
Building a nationwide network of
solar, nuclear, wind, coal, tidal, and geothermal power plants
Building a nationwide high-speed
Building affordable housing units
for the servants of our society
Building new urban communities on
the sites of torn down inner city neighborhoods
Building new urban communities in
sparsely populated parts of America
As part of this program, the WPA and PWA of the New Deal era would
be revived and a new U.S. Green Corps will be created to put people to work rebuilding America, cleaning up America’s
brownfields, planting new forests, performing civil defense tasks, and engaged in conservation projects. All able bodied unemployed will be put to work. Welfare will be reserved for the elderly, infirm, and those
that need a temporary helping hand.
The next part of our economic program is the implementation of the
Guaranteed Healthcare Access Plan which is covered under the health care section. However, the bottom line is that the GHAP
will move our health care system from an employer-based health care system to a citizen-based health care system. This new health care system will reduce the share of the GDP that health care consumes as well as free
employers from the obligation of providing health insurance to their employees and use the savings to pay higher wages, or
reduce the cost of their goods and services, or expand production capacity.
The next part of our program
is to wage an all out war for energy independence. We will do this by developing domestic sources of fossil fuels, developing
new resources of renewable energy, and implement conservation measures to conserve our nonrenewable resources until the renewable
resources become practical. You can read about this in our energy section.
As more and more people are needed to rebuild America and to staff the expanding economic engine of our
economy, we will need more people to come into this country legally and assimilate into our society which is where our reformed
immigration system comes in. Read more about that in our immigration section. But our plan will fix the annual immigration
rate of 1% of the population of the USA for that year. Enough to control immigration and to provide a healthy growth rate
in America’s population. Immigration will also encourage the revival of our urban communities and small towns and increase
the number of people paying into social and Medicare keeping these programs solvent.
If our policies are implemented, America’s economy will expand, the federal government will run budget
surpluses, the national debt will be retired, and the U.S. Government will save $400 billion a year in interest payments on
the national debt which will be used to fund additional programs, expand the military, or give back to the people in the form
of higher prebates.