A collective has been created, Pierre Larrouturou is one of them:
http://www.roosevelt2012.fr/
It is full of common sense, I think that all the other solutions (pipo) mentioned (austerity, reducing civil servants, hunting immigrants ...) by analysts, media or politicians are outright deception in a fuzzy end goal (rise of political extremes? Legitimization of anti-democratic law ... etc etc)!
Restoring oxygen to our States
> sharply reduce interest rates on old debt
Is it normal for states to pay 600 times more than private banks? We recently learned that the US Federal Reserve has secretly lent the ailing 1.200 billion dollars to troubled banks at an incredibly low rate of 0,01%.
At the same time, in many countries, people are suffering the brunt of austerity plans because the financial markets only lend money to certain states at rates of 6, 7 or 11%. Asphyxiated by such interest rates, governments are pushed to freeze pensions, family allowances or public service salaries and cut investment, which increases unemployment and will soon plunge us into a recession of one extreme gravity.
Is it normal that, in the event of a crisis, private banks, which usually finance themselves at 1% from central banks, can benefit from rates at 0,01% but that, in the event of a crisis, the States are obliged , on the contrary, to pay rates 600 or 800 times higher?
more details and more time!
2 Create new financial room for maneuver
> create a European tax on corporate profits
The corporate income tax rate is only 25% on average in Europe compared to 40% in the United States. It's the world upside down ! We thought the United States was the most liberal, but they tax corporate profits more than we do.
Average corporate income tax rate USA 40%
Europe 25%
Why does Europe have such a low rate? Since the accession of Ireland and Great Britain in 1973, all European states have been pushed to the lowest tax position by states that lower their profit taxes to attract businesses. Ireland has lowered its rate to 12% and all member states have had to lower their income tax ... At European level, the average rate of income tax has dropped by a third in twenty years. This tax lowest is one of the important causes of public debt.
more details and more time!
3 End the national fiscal scuttling
To get out of our dependence on the markets and rebalance our public accounts, we can also find significant room for maneuver at the national level by canceling a good part of the tax cuts granted to large companies and the wealthiest citizens for 10 years.
The report by UMP deputy Gilles Carrez published on July 5, 2010 shows that if all the tax cuts voted since 2000 were canceled, the state would have 100 billion more in its coffers each year. If we simply returned to the tax system that existed in 2000 (no one considered it confiscatory or sovietiform), our deficit would turn into a surplus!
The state has lost 100 billion in tax revenue
News from July 5, 2010
more details and more time!
4 Boycott tax havens
> use the lever of public procurement
A report by the European Parliament estimates that the flight to tax havens causes a tax loss of around 1 to 1,5% of GDP each year for each Member State. In France, it is a loss of 20 to 30 billion euros each year. Beyond the rhetoric, no serious action is taken today to fight against tax havens.
more details and more time!
5 Limit layoffs as much as possible
Germany experienced an economic crisis twice as severe in 2009 as our country. However, despite an economic shock 2 times stronger, unemployment increased 6 times less in Germany than in France.
Recession 2009 Evolution of unemployment
Germany - 4,6% + 220.000
France - 2,3% + 1.200.000
How to explain this "miracle"? German unions have gone to Angela Merkel to demand that dismissal become a last resort and that the general rule is to keep the maximum number of employees, the maximum of skills, in the company by developing the Kurzarbeit.
more details and more time!
6 Securing the precarious
In each of our countries, each month, tens of thousands of men and women come to the end of the law and fall into great precariousness. Given the gravity of the crisis and the lack of hope for a rapid return to full employment, there is an urgent need to extend compensation to the unemployed and to improve their support and access to training.
more details and more time!
7 Prohibit banks from speculating with our money
> separate deposit banks and investment banks
To protect citizens' savings and not to run any risks for public finances or the financing of the real economy, the principle of a tight separation between deposit and business banks has just been implemented in Great Britain. Brittany but the lobbies have obtained that its application be postponed to ... 2019! It is obviously much too late. Given the risk that a major crisis will soon break out on the financial markets, this reform must be implemented without delay to protect the real economy.
To prevent banks from speculating with Mr. and Mrs. Everyone's money, we must separate deposit banks and merchant banks. It was one of the first reforms Roosevelt had adopted in 1933 by passing the Glass Steagal Act.
more details and more time!
8 Create a real Tax on Financial Transactions
If such a tax had been created in 2008, even at a very low rate, it would have already brought in between 250 and 600 billion. The Greek crisis could have been resolved very quickly, without requiring efforts from the peoples of Europe. What are we waiting for to finally create this tax and reassure the German people like the other peoples of Europe by telling them that this is the last time they have been asked for an unjust effort?
From now on, the financial markets will be used to contribute to the European Stability Fund.
more details and more time!
9 Fight against offshoring
> impose respect for social and environmental standards in world trade by convening a new Philadelphia Summit
In 1944, before calling the Bretton-Woods summit which will rebuild the international financial system, Roosevelt organized the Philadelphia summit, which adopted as an absolute priority the respect of a certain number of social rules: "work is not a commodity. (…) There will be no lasting peace without social justice ”affirmed Roosevelt and the other heads of state before defining rules on wages, working time and the division between wages and dividends…
Very concrete rules to respect in each country as in world trade. Before the neo-liberals dismantled them, these rules allowed 30 years of debt-free prosperity.
more details and more time!
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I am more text than video.
