Posted on 10/20/2011 4:12:40 PM PDT by marty60
Taking aim at minimum wage laws, union protections, and even local building codes, Herman Cain has put the finishing touches on the last missing piece of his signature 9-9-9 plan an elaborate proposal to create opportunity zones in inner-city America that the GOP presidential candidate will unveil during a major campaign appearance in Detroit on Friday morning.
Cain hinted at the move during Tuesday nights GOP debate in Las Vegas. He and his aides hope the details they provide about their plans to encourage growth in impoverished areas will deflect the surge of recent criticism branding 9-9-9 as unfair to the poor.
But details about the opportunity zone proposal, as obtained in advance by Fox News, will likely make 9-9-9 more, not less, controversial, particularly with organized labor.
To qualify for zone status under Cains plan, a given jurisdiction will have to enact policies the unions consider anathema such as the elimination of the minimum wage, the provision of school vouchers, or the declaration of a zone as a right-to-work area.
(Excerpt) Read more at foxnews.com ...
Thanks for the confirmation that even reading comprehension is above your paygrade.
He insists that it was part of the Reagan Tax program.
Whether Cain's program is good or bad, it is not Reagan's program.
Plus he will insure that the Taxpayers pay even more for Welfare BENEs.
- I used to be pro-choice. Now I’m staunchly pro-life.
- I used to be pro-public school. I ended up homeschooling for 8 years and I believe that the DOE should be killed along with the whole PS system - replaced with vouchers.
- I used to be pro-homosexual marriage. Now I’ll fight tooth-and-nail to defend traditional marriage.
- I used to be all about credit cards. Now I’m a Dave Ramsey fanatic.
- I used to be a Palestinian sympathizer. Now I am a Jew. I consider Israel my home.
People grow and opinions change as they get more information and exposure.
Cain talks openly about what brought about his conservative conversion. But I know from experience that such a conversion doesn’t come about over night. It’s taken me years to get where I am.
You know, Laffer has on his resume that he was "Economic Adviser" to Reagan. A FR listed Reagan's economic advisers, and Laffer was not on it.
I double checked Reagan's library link and Laffer was not on it. I'll provide you a link separately. Check it out for yourself. I've got my doubts about Laffer.
Provide it to post #1 second line
bookmark
Thanks but that wasn’t my quote. It was marty60
Reagan also gave amnesty to illegals. And he sold arms to Iran for hostages.
Not everything Reagan did was perfect.
Upon further research, I was wrong:
November 29, 1982
ENTERPRISE ZONE UPDATE
INTRODUCTION
In his televised address to the nation just before the November elections, Ronald Reagan declared that passage of an enterprise zone bill was among his top priorities for the lame duck session of Congress.
Ever since he first announced commitment to the concept during the 1980 presidential campaign, Reagan has pressed for congressional action on the proposal, which is designed to revive inner city communities through the removal of government barriers to business enterprise. After considerable delay, caused mainly by disagreements between the Departments of Housing and Urban Development and Treasury, the Administration sent its legislative proposals to Capitol Hill in March 1982.
The Enterprise Zone Tax Act (H.R. 6009, S.2298) won the sponsorship of many legislators who had introduced their own versions of the concept—most notably Congressmen Jack Kemp (R-N.Y.) and Robert Garcia (D-N.Y.) By October it had attracted 129 bipartisan co-sponsors in the House and 28 in the Senate.
Yet the measure has languished in Congress. Despite its wide support among House Democrats, not a single Democrat on the House Ways and Means Committee has co-sponsored the bill, and no formal hearings have been scheduled. As the Congressional Quarterly surmised, it appears that Committee leaders were “not anxious to hand Reagan another victory” before the November elections...
http://www.heritage.org/research/reports/1982/11/enterprise-zone-update
See #92
>>>I dont get the minimum wage thing though. If people arent making a living wage how do they survive.
High minimum wages keep out teenagers and hard to employ workers, increasing unemployment in the low end (starter) jobs. Think of illegal alien dishwashers who come and go, or the crop picking jobs.
And some union wage contracts have been pegged to a multiple of minimum wages.
Government should not try to set market wages. Such actions drive out marginal businesses and shut off learning benefits for marginal workers. If minimum wage laws are good, then they should set them for $1,000,000. Obviously, no one could afford workers at that level... they also can’t afford them at $7.25 (Texas for 2012).
Laffer was a member of Reagan’s Economic Policy Advisory Board, which included, among others, Milton Friedman and Thomas Sowell.
http://www.presidency.ucsb.edu/ws/index.php?pid=43243&st=advisory+board&st1=#axzz1bNXfBwkH
Yet some people actually have to survive and pay bills on minimum wage.
Do you have a problem with a smart kid living in poverty getting a chance to attend a better school?
I’ll never forget when I was a kid. I must have been about 12 and we had this kid in class. He always came to school kind of grubby and his clothes were huge on him and he was pathetically skinny, but he was the smartest kid in class. He was a math wiz. I’ve always wondered whatever became of him.
I don’t have a problem with giving a voucher to a deserving kid. I do have a problem when it becomes an unearned quota. There is a huge difference.
The public school system is failing our children.
My husband had a decent job. Because of that, I had the privilege of staying home to educate our children.
After eight years of homeschooling, it was decided that it would be good for my daughter to spend some time in the public school system.
She did gain confidence. She gained the ability to argue with liberals. It did help here there.
Education? Not so much.
It’s pretty clear that the entire US public school system is a failed enterprise. The only solution is to dissolve the entire system and start over from scratch with free market solutions under local control. Let the people closest to the kids formulate their education.
The voucher system doesn’t pander to the ‘poor’. Every child benefits. The money is attached to the child, not to the school district. The parents chose their children’s school from a variety of options.
Cain’s end game is to do away with the DOE completely.
Just because he’s forcing the issue in a few particularly hard-hit areas doesn’t mean that he’s pandering to anyone. He’s using the same principle that brought us the national speed limit. You want federal goodies - you play our game.
Eventually, we need to move to a NATIONAL voucher program for every child. THAT is where he’s getting at. too many people are getting caught up in the transition and missing the end game.
Everything that Cain is presenting is a START.
Bachmann is for the Fair Tax system, but she has no idea how to get us there without destroying us. Cain sees the transition. He’s figured out ways to help us thrive as a nation while we work toward out ultimate goals.
In the end, it’s genius. We move hundreds of thousands of people off the tax-payer’s support. We motivate an entire generation toward self-sufficiency. We prove success in a few areas and strengthen our argument so that we can move the entire nation.
We all win.
I think kids like that end up learning on their own anyway since their interest is so high in a particular area. He may not set the world on fire - he could be a math teacher and the best math teacher any could be. That’s success to me.
It brings to mind the guy behind me in grammar school who was not shabbily dressed at all. Clean/neat. Math was certainly his subject but he never paid attention. He would hide behind me and he would draw battleships and I could hear him blasting one off and then the other. He was amusing himself as he was totally bored with the class and probably could teach it just as good as the teacher if not better. On our weekly test he always scored a 100. I know the teacher knew he wasn’t paying attention but thankfully she wasn’t so dumb to call him on it. He scoring 100 says - he’s way ready for more difficult teaching than she could/would provide. Wonder what he is doing now.
Another classmate, a girl who was super bright and we all agreed she must have a photographic memory but never asked her. Years later I learned she studied Russian and became a Russian interpreter. Her parents were from Spain and often wondered how do people end up choosing their careers - something like that which is out of the ordinary.
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