ending poverty in doable steps – trinidad affairs

TT has the most oil/ gas regionally, thus the following is easily financed.

National benefits are less crime and better mental health as the economic desperation is removed. Expansion of the middle class becomes reality.

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1. COST OF LIVING – reduce as in reversing increases in car fuel by returning the subsidy; tax rises on wheat, car imports, grape, internet shopping and the like.
2. Mandate living wage – the private sector especially in great need. Humanely RAISE to 5 grand monthly and inflation pegged – more inflation rises, higher people’s salary to match. Inflation is the rate of increase in prices over a given period of time, such as the overall increase in prices or the increase in the cost of living in a country.
3. State wealth share – in the form of GMI, GUARANTEED MINIMUM INCOME at the value of 5 grand monthly to adults earning not more than $200,000 yearly – inflation pegged. At current COL even 5 grand living wage isn’t enough. Combined a monthly pay of 10 grand. The GMI is given to the unemployed as well. State money is public money.
4. Eat on the cheap – agriculture and fishing is key. Cut the $5 billion food import bill by local farming. Various incentives to farmers: subsidized equipment, vet care, chemicals amongst. Assign more land to farmers, grow and fish majority of food.
5. Economic diversification into no oil sectors – tourism is obvious. Other avenues are software development, clean and renewable energy, science labs, medicine factory, medical tourism, finance, services, recycling. This can lead to a hi tech state as Asia and job creation.
6. Price controls – the state regulates those of foodstuff and other goods when judged as too high.
7. Debt cancelling of society’s poorest – they can participate easier in society.
8. Housing first policy – shelter given, the vagrant is THEN given treatment and advice as rehab and returned to society.
9. Small business incentives – encourage people to independence. Interest free loans, subsidies on business assets, free business school, one time bail out.