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John Crea Presents: Comparing Strategies to Combat Poverty and Bolster the Economy
January 16 @ 7:00 pm - 8:30 pm
The East Side Freedom Library invites you to
COMPARING STRATEGIES TO COMBAT POVERTY AND BOLSTER THE ECONOMY
RAISE THE MINIMUM WAGE // UNIVERSAL BASIC INCOME // EARNED INCOME CREDIT
Wednesday, January 16th, 2019 at 7pm
A presentation that compares three strategies to reduce poverty – raising the minimum wage, a universal basic income, and an earned income credit – with the focus on the impact of each on the supply and demand of labor. Also, a three-step proposal to foster competition in the labor market:
- Reduce the standard workweek from 40 to 24 hours a week.
- Increase the minimum wage to $20 an hour.
- Give each worker a voucher for an Earned Income Credit worth $10 an hour, capped at 24 hours a week, that can be used at the employer of their choice.
A radical approach to be sure, but one which should find support from both the left and the right. Workers and their families benefit from steps one and two. Employers should appreciate step three. This must be mandated to ensure a level playing field for businesses competing for labor resources.
JOHN CREA lives on the east side of St. Paul. He is retired, a grandpa (4), father (3), husband (1), and author of the book RECALIBRATING THE LABOR MARKET. The book will be for sale after the talk for $12.95(the same price as on Amazon). The author will donate $5 to the East Side Freedom Library for each book sold at the event.
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Free and open to all
East Side Freedom Library, 1105 Greenbrier St., St. Paul
email@example.com and 651-230-3294