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Thread: The real problem is the need for Second Incomes!
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  1. 09-27-2016 11:48 PM TopTop #1
    Mark Goldes's Avatar
    Mark Goldes
     

    The real problem is the need for Second Incomes!

    Income inequality is the underlying problem. One piece of a solution is what Louis Kelso, inventor of the Employee Stock Ownership Plan (ESOP) now used by 11,000 companies called The SECOND INCOME PLAN. See that title under MORE at aesopinstitute.org to learn a bit about it. SECOND INCOMES developed from this plan DO NOT depend on jobs or savings. Almost everyone would qualify. It would put a real dent in income inequality. As automation accelerates SECOND INCOMES can provide one segment of a way toward economic health. Kelso's goal was to have half of everyone's income from diversified investments as soon as possible.
    Last edited by Barry; 09-28-2016 at 01:47 PM.
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