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  • 8/3/2019 Americans Elect Question Responses Ver 1.0

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    Responses to the Americans Elect Questions published on January 5th

    by the Campaign to Elect Mike Ballantine President 2012. January 9,2012

    Economy

    What do you think are the most important steps government can take to

    promote job creation?

    Normally, the government/Federal Reserve can rely on lowering interest rates

    to give the economy a boost and create jobs. Generally, construction will respond

    positively and the economy will begin to improve or manufacturers will start to

    rebuild inventories. However, over the past 10 years, America has lost 50,000

    factories, limiting the ability of manufacturers to respond sufficiently to pull us out

    of our current slump. Further, the downturn was largely caused by a collapse in the

    housing market. With 18 million homes unsold by some estimates, the housing

    market is too sluggish to get the economy moving.

    To compensate, we need to rebuild the confidence of homeowners to

    encourage them to stop paying down their housing debt and to start spending

    again. We do this by reducing the outstanding principal balances on underwater

    mortgages by adjusting mortgages through a Federal Reserve buyback and

    reissuance program. Whereas the anticipated cost of this program is $1.5 trillion, it

    will reverse the continued decline in housing prices and allow confidence to return.This program is supported by a large number of economists including Alan Blinder,

    Martin Feldstein, and Paul Krugman.

    The second step we need is to create aggregate demand in the economy.

    We do this by initiating a job creation program for specific infrastructure projects

    and desirable investments in industries. Specifically, there are $2 trillion in road

    improvements and bridge repair projects that need to be undertaken over the next

    5 years as well as a host of investments in clean-energy that could be started using

    agency guarantees. Additionally, we believe that the nation should engage in asustained effort to bring High-Speed Rail to the United States by building two

    intercontinental lines connecting both coasts. One of the key stumbling blocks for

    the Federal Reserve is maintaining the zero % interest rate policy which limits the

    ability of the FED to devalue the dollar to promote exports. We propose that we

    avoid this problem by investing in a new space industry that does not compete with

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    nation trillions and the potential for mass clean-up issues in mining and oil

    development present a social reason for imposing some additional costs on

    industry. We propose reducing some regulations in education to streamline the

    process and allow local school officials to make appropriate decisions regarding

    standards and curriculum. To flatten the playing field we propose renegotiatingsome of our trade related treaties such as the WTO to include fair wage issues,

    worker safety, equal opportunity and pollution regulation enforcement.

    How do you propose we reduce the national debt, and how much should

    the national debt be considered in economic recovery plans?

    Realistically, there is no simple way to reduce the national debt. When our

    administration takes office, the national debt is expected to climb to $16 trillion and

    if amortized over 30 years, it would take an estimated $1 trillion a year in additional

    taxes. Our campaign offers a novel but controversial plan to reduce half the

    national debt by exploiting our shale-oil resources in Colorado, Utah, and Wyoming.

    Currently, there is an estimated 1.5 trillion recoverable barrels of oil and we

    propose a national project to build the infrastructure to process this oil in a safe-

    environmentally friendly way producing 10 million barrels of oil per day. The nation

    will allocate a $25 per barrel tax to reduce the national debt on the production from

    this project. According to a RAND study, the current estimate for production costs

    at the 10 million barrel rate is between $45 and $48 per barrel.

    A second requirement would be that unless there is an economic contraction

    of 2% or more taxes cannot be cut resulting in a deficit. Any surplus will

    automatically be allocated to reducing the deficit. This is unlikely to amount to

    much over the years for obvious political reasons.

    Healthcare

    What role should the federal government play in the healthcare industry?

    Is healthcare a right?

    Almost every western nation provides healthcare for its citizens, despite this

    America clings to an uneconomical health delivery system that puts the burden on

    employers to support a shrinking system. Roughly 40% of Americans are supported

    by government programs, 15% on Federal and State health programs, and 35% by

    private insurance. With government already the largest provider of health

    insurance, continuing to provide health insurance privately places a greater share of

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    the cost on a shrinking workforce. This is unsustainable in the long run and in fact

    part of our competitive issue with China. We believe to lower costs and provide

    equal access for all Americans, America should adopt a universal health plan with a

    single-payer. This plan would provide a basic level of coverage for all Americans,

    residents, and guests. This eliminates many of the duplicative costs and overlapsamong the various government run programs as well as the high administrative

    costs of private insurance companies. Further, we believe that substantial cost

    savings can be found once the system is consolidated through rationalizing many

    unnecessary procedures. A simple comparison between the Canadian and United

    Kingdom health programs and the American one will provide reasonable cost

    comparisons to point out inefficient delivery systems.

    The Constitution of the United States demands/guarantees the right to life,

    liberty, and the pursuit of happiness. No one can pursue happiness if he or she is

    denied basic health care. Given that costs have driven it beyond the reach of most

    low-income Americans, a two-tiered class of citizenry has developed with 50 million

    Americans abandoned to mercy of others. We would consolidate Medicare,

    Medicaid, Veterans Assistance, and Federal and State Health Insurance Programs

    into one new program. This would be paid for by a 10% national sales tax on all

    goods and service excluding produce, milk/cheese, and bread.

    What do you think is driving the rapid growth of health care costs, and

    how would you slow it down?

    These costs are driven by the lack of negotiation by people using health

    insurance. Instead of evaluating costs, health insurance companies simply pass on

    new costs to policy holders knowing they are unable to effectively shop for

    alternative products. When Medicare costs exceed reimbursements, the unpaid

    portions are charged to private insurers pushing cuts from Washington back onto

    private employers. Implementing a Medicare for all and then rationalizing costs is

    the quickest way to bring health care costs down. Promoting smaller neighborhoodclinics over hospital monopolies will allow better cost-sharing and lower expenses

    throughout the system.

    Would you support putting some kind of cap on what the government

    spends on Medicare?

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    By moving Medicare fees to a consumption-based revenue stream, it is

    expected that revenues will match growth in society. We propose a 10% national

    sales tax which would act as a cap on total spending. Americans would be

    encouraged to purchase supplemental coverage for additional requirements beyond

    the basic program.Should the government require that all citizens have healthcare

    insurance? If so, what is your thought about a premium support model

    similar to the Federal Employees Health Benefits Program?

    We do not support a requirement that all citizens have health insurance

    unless there is a government provider option. If a Medicare for All program cannot

    get approval, we support allowing individuals the right to purchase Medicare on

    their own. The fees would be based on income of the participants.

    Education

    Why aren't our K-12 schools preparing graduates to compete in the global

    economy, and what would you do as president to lift their performance?

    The American school system is designed for students who will be successful

    in college and ignores the needs of technical or vocational students. It is almost a

    golden rule that only learner-centered environments are appropriate when in fact

    many at risk students might be better served in teacher-centered environments

    typically found in Asia. Students lack the foundation skills but are some howexpected to understand the analytical and applications issues because of social

    promotion. Sir Ken Robinson in his speech before the RSA made it poignantly clear

    that America has to change from a factory model to a more individualized delivery

    system.

    As President, I would propose legislation to establish an IEP program for every

    student employing 10 primary templates. Over time, students would need to

    master specific subjects and skills to advance to the next level. Student progress

    would be measured weekly and intervention strategies developed to help students

    falling behind. Merit testing would take place at two points, 8th grade and again at

    12th grade to receive a diploma. Schools would offer three diplomas, vocational,

    technical, and academic and students graduating successfully would receive a

    bonus payment to encourage students to remain in school. Another area of concern

    are our ELL students and they would receive a broader program mirroring the

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    successful Canadian program of 90/10. Schools would have access to online

    systems to promote dual language instruction cost effectively eventually leading to

    Virtual Reality instruction in most public schools. This will lower the cost of delivery

    and provide a broader base of instruction capability. All students would begin to

    use electronic notebooks in school eliminating textbooks and automatingassessments. These programs would be funded by a transfer of $100 billion per

    year from our defense budget to education.

    Why do you think college costs keep rising? Are students getting their

    moneys worth, and what would you do to slow down cost growth?

    There are no cost containment systems in the university program.

    Universities offer a hundred different majors and then provide qualified teaching

    staff to support them. This is incredibly inefficient and does not offer any real

    benefit to students. Instead programs should be consolidated to allow greater

    participation at a few key schools in less popular programs. The government can

    encourage this by tying financial aid to specific results instead of an average price

    for all students. For example, if history majors from school A typically earn

    $30,000 per year after graduation, then the government could set the maximum

    tuition fee it will support at $15,000 or $20,000, etc. This would force schools to

    offer programs at prices that reflect future earnings and the ability of students to

    repay the tuition fees. A factor could be included to reflect the actual success ratio

    of students to equalize fees for profit schools and with non-profit schools. Tying

    costs to outcomes is the best way to get costs under control. This would force

    universities to economize and reduce duplicative staff. Specific allowances could be

    made for unusual majors that are desirable but not popular based on historical

    influences.

    What would you do to improve workforce development and job training

    opportunities for U.S. workers?

    By adjusting the high school track of most students to reflect merit, highschool students could enroll in apprenticeship programs through employment tax

    subsidies. Students would continue to finish high school while working part-time in

    the vocational and technical tracks. Providing students training during high school

    is more cost effective than after graduation when they may have personal

    responsibilities that prevent them from working and studying at the same time.

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    During the phase-in, it would be necessary to provide scholarships and other

    programs to inner-city students who have been failed by the system. We propose a

    Marshall Plan for our inner-city youth that would send 1 million young adults back

    to school for two years.

    EnergyIs U.S. energy independence a feasible goal and, if so, how would you

    achieve it? How would you reduce our reliance on foreign oil?

    Energy independence is a political issue more than a practical issue. There is

    ample petroleum reserves in the Gulf, ANWAR and the shale-oil deposits to meet

    Americas energy requirements at current consumption for a very long time. The

    primary impediment is the inability of private companies to meet the expectations

    of environmentalists. We propose that this issue be looked at in light of including

    NAFTA resources to achieve energy independence. The first step in this process is

    to prepare a development plan for the Colorado, Wyoming, and Utah sites to include

    piping in sufficient water, constructing several nuclear power plants, water

    treatment facilities, road and rail infrastructure, and housing for several hundred

    thousand people. Once the plan is approved , then create a government-owned

    entity to manage the process, borrow the development funds from the market

    through a long-term agency bond issue, and begin issuing contracts to private

    contractors to complete the infrastructure and prepare the site. It is estimated that

    site development will take from 5 to 6 years to complete at which point we can

    begin producing oil at an accelerating rate over the next 3 - 5 years achieving 10

    million barrels per day production capacity. This project will create 800,000 jobs.

    In the interim, we would support construction of large solar-mirror farms in

    the Southwest and a DC transmission system to distribute power to key points in

    the mid-west and the northeast. As capacity came online, we would purchase

    existing coal power plants and decommission them to prevent large fluctuations in

    prices avoiding any potential crash in energy prices. Other technologies includingbio-algae and geo-thermal power would be accelerated to provide additional

    emissions free/carbon neutral production.

    What steps will you take to make this nation's growing energy demand

    more sustainable?

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    We would promote a million electric cars per year market by subsidizing

    lithium batteries and encouraging car owners to switch to more fuel-efficient models

    in line with the current CAF program. We would also support the movement of the

    service industry to a Virtual Reality platform to allow workers to work from home

    reducing the number of daily commuters. Only by changing social habits can wemake significant progress in reducing energy consumption.

    How important is reducing carbon emissions, and how would you go about

    it? In addition to renewable fuels, do you believe natural gas and nuclear

    energy should play a larger role in Americas energy mix?The most recent performance of US negotiators in Durban was appalling.

    Whereas, many people dispute global warming or climate change there is no

    dispute that CO2 is building up in our atmosphere and this build-up presents serious

    challenges for future generations. With limited methods to extract CO2 from the

    atmosphere, it is incumbent on countries to begin reducing carbon emissions as

    well as create carbon-sinks to reduce atmospheric concentrations. Further, as the

    historical major emitter of carbon it is the responsibility of America to lead the world

    regardless of Chinese and Indian participation. This does not mean that we

    handicap our industries, simply begin producing our energy with emissions-free

    technologies.

    As stated earlier, we propose phasing out coal powered power plants andredeploying coal miners into the new shale-oil industry as well as construct two

    coal-gasification plants to enable us to sequester the CO2 production from coal

    processing at two locations. A second step would be to begin planting land set

    aside in various agricultural programs as low producing with trees and paying

    farmers to manage new forests. A third step would be to reduce the amount of

    acreage available for grazing on federal lands and plant additional trees.

    Eventually, we hope to plant 200 million acres with new forest allowing us to offset

    half our current carbon emissions for 40 years with the hope that we could reduceour carbon emissions by 50 % over the next ten years.

    We would like to see nuclear power used in carbon intensive industries to

    reduce overall emissions but sparingly until we either develop a waste processing

    system for nuclear waste or alternative nuclear power systems such as Thorium

    processing. We do not support wide spread fracking and would prefer to see

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    activity reduced to a more manageable and sustainable level taking care to avoid

    polluting groundwater sources. The current gold rush mentality will inevitably lead

    to future problems that the taxpayer will be expected to absorb.

    Foreign Policy

    What circumstances justify U.S. military intervention? Do you think

    America should continue to play a leading role in world affairs, or lay

    down some of those responsibilities?

    The US military should only intervene in Central America as part of a regional

    effort and if an ally is under direct attack. Whereas, Presidents have justified

    intervention on the grounds of national interest or to prevent genocide, we believe

    this type of intervention can be better handled by regional organizations like the

    African Union and ASEAN. American intervention over the past 60 years has yielded

    very few resolutions to conflicts and has often had a negative outcome instead of

    the hoped for positive one. America finds itself at odds with a majority of the nation

    states in the middle-east and reacting belligerently with China in the Pacific region.

    To rebuild relationships with international organizations, we propose the removal of

    the majority of our overseas deployments and an offer to provide support to

    regional organizations to solve regional problems and humanitarian assistance.

    America can no longer afford an offensive based military posture and must

    regroup and reposition its resources to specific high value activities. We believethat developing countries will respond positively to this repositioning and enhance

    our ability to negotiate bilateral agreements in the future. To demonstrate our new

    leadership we propose allocating $50 billion to a carbon reduction program as a

    carrot to engage our current trading partners in stronger trade agreements by

    providing them with American technology.

    The current confrontational nature of our relationship with Iran is a major

    concern and the ratcheting down of tensions would be a primary issue for our new

    administration. America lived with a nuclear Soviet Union as well as a nuclear North

    Korea. We can live with a nuclear Iran as well. Israel will be encouraged to either

    agree to a two-state solution or begin the process of integrating the Palestinians

    into their own population in a single state solution; two people, one land.

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    We will be proposing a defense budget equal to 2% of GDP and a major

    reduction of our armed forces to a peacetime level, eliminating the ability of the

    military to fight two conflicts. We believe that by having a large idle military, we

    encourage the use of the military instead of making the effort diplomatically to

    resolve our problems. No nation possesses the capacity to become a military threatto the United States in the next 10 years and our large military is more destabilizing

    than beneficial.

    Is Americas enormous trade deficit with China a problem? How would you

    boost U.S. exports and encourage China and other countries to buy more

    from us?

    China presents many challenges as well as opportunities. Unless America is

    prepared to engage in brinksmanship in its trade relations with China it will bedifficult to change the current trade deficit issue. That is why we believe that a

    fundamental reform of WTO is necessary to limit Chinas ability to continue to under

    price American exporters. As long as the US maintains a reserve currency status for

    the dollar, we are unable to effectively increase our exports when other countries

    can devalue their currency and we have no way to offset their actions. We will look

    for fair-trade issues to be added to the WTO or be prepared to withdrawal from the

    WTO in 2015.

    We will propose a carbon import tax on all goods as part of a revision of theWTO that will reflect the carbon emissions content of all exported goods. These

    funds will be used to support developing countries efforts to reduce their carbon

    footprint and prevent manufacturing from seeking the most pollution friendly

    nations. Initially, this may appear to impact us more but it will provide a limit on

    China and Indias ability to leverage their vast population and increase their carbon

    emissions without sacrificing their ability to export.

    Unless the US adopts a different currency for internal accounting it is nearly

    impossible to increase exports significantly. The reserve status of the dollar results

    in the US becoming the buyer of last resort as developing countries seek hard

    currency to support infrastructure programs. Instead of focusing on increasing

    exports initially, we believe a sustained job creation program as well as investments

    in clean-energy and space technologies will create sufficient markets to create

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    employment. Once the long-term construction of High Speed Rail, regular lunar

    traffic and Mars exploration, and conversion of urban centers to high-density ultra-

    modern centers begins, America should produce sufficient jobs each year to

    maintain full-employment. Essentially, the creation of our space industry will act as

    our export safety-valve, much like the opening of the New World by Columbus didfor Europe.