Re: [Pen-l] Dean Baker: Getting the most bang for the stimulus buck

[Sandwichman <lumpoflabor@xxxxxxxxx>]

Admittedly, implementation and enforcement would be a challenge for
this proposal. In that respect, it doesn't differ from existing labor
standards legislation in principle -- only in magnitude. Another way
to skin this cat would be with something akin to an EITC, which could
be called an Earned Leisure Tax Credit. There you would introduce a
kind of cross-check of employees filing for the credit and employers
providing the data in the form of payroll receipts.

On Wed, Jan 14, 2009 at 8:42 AM, Max Sawicky <maxbsawicky@xxxxxxxxx> wrote:
> How likely or how practical?  How does the Gov find out how much time
> off was granted?  How does it check what information is provided?  You
> should ask these questions about every stimulus proposal.  People
> never do.
>
>
>
> On Wed, Jan 14, 2009 at 11:27 AM, Jim Devine <jdevine03@xxxxxxxxx> wrote:
>> good idea! how likely to be implemented?
>>
>> On Tue, Jan 13, 2009 at 10:33 PM, Sandwichman <lumpoflabor@xxxxxxxxx> wrote:
>>> Dean Baker has made this old Sandwichman very, very happy. Point seven
>>> of Dean's "Yes, We Can Make the Stimulus more Stimulating</a>":
>>>
>>> http://www.cepr.net/index.php/op-eds-&-columns/op-eds-&-columns/yes,-we-can-make-the-stimulus-more-stimulating/
>>>
>>> 7) Pay for shorter workweeks and more vacations
>>>
>>> The United States lags the rest of world in that its workers are not
>>> guaranteed any vacation time, sick leave, or family and parental
>>> leave. In Europe, five or six weeks a year of paid vacation is
>>> standard. Also, all Western European countries guarantee their workers
>>> some amount of paid sick leave and paid parental leave.
>>>
>>> The stimulus gives us a great chance to catch up with the rest of the
>>> world. The government could make up the pay for two years for any paid
>>> cutback in hours, up to 10 percent of total hours worked in a year and
>>> $3,000 per worker. This means that if a firm offered workers who
>>> previously had no paid vacation five weeks of vacation a year, the
>>> government would provide a tax credit to pick up the tab, up to $3,000
>>> per worker. Similarly, if they extended 10 days of paid sick leave,
>>> the government would provide a tax credit for the amount actually
>>> used. If employers of 70 million workers (half of the labor force)
>>> received an average tax break of $2,500, the cost would be $170
>>> billion a year.
>>>
>>>
>>>
>>> --
>>> Sandwichman
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>>>
>>
>>
>>
>> --
>> Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
>> way and let people talk.) -- Karl, paraphrasing Dante.
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-- 
Sandwichman
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