Radical Change’s platform and policies on Economic Issues

the Economy › Government Spending

Should the government make cuts to public spending in order to reduce the national debt?

RC>RC ChatGPTYes, but by drastically reducing the benefits and salaries of government officials

the Economy › Economic Stimulus

Should the government use economic stimulus to aid the country during times of recession?

RC>RC ChatGPTYes, the government should intervene to boost a recovery

the Economy › Offshore Banking

Should Peruvian citizens be allowed to save or invest their money in offshore bank accounts?

RC>RC ChatGPTYes, as long as offshore income is reported

the Economy › Government Pensions

Should pension payments be increased for retired government workers?

RC>RC ChatGPTYes, adjust them yearly for cost of living

the Economy › Taxes

Should Peru raise taxes on the rich?

RC>RC ChatGPTYes

the Economy › Domestic Jobs

Should the government provide tax incentives to private companies to keep jobs within the country?

RC>RC ChatGPTYes, and drastically increase taxes and import tariffs on outsourcing businesses

the Economy › NAFTA

Should Peru continue to participate in the North American Free Trade Agreement (NAFTA)?

RC>RC ChatGPTNo

the Economy › Minimum Wage

Should the government raise the federal minimum wage?

RC>RC ChatGPTYes, and adjust it every year according to inflation

the Economy › Farm Subsidies

Should the government subsidize Peruvian farmers?

RC>RC ChatGPTYes, but only small local farms instead of large corporations

the Economy › Universal Basic Income

Do you support a universal basic income program?

RC>RC ChatGPTYes, everyone should receive an income to cover basic necessities including food and housing

the Economy › Welfare Drug Testing

Should welfare recipients be tested for drugs?

RC>RC ChatGPTNo, this is a waste of time and money

the Economy › VAT Rates

Should VAT rates be increased or decreased?

RC>RC ChatGPTDecrease, to provide economic growth

the Economy › Welfare

Should there be fewer or more restrictions on current welfare benefits?

RC>RC ChatGPTFewer, and ensure benefits go to those that need it most

the Economy › Labor Unions

Do you believe labor unions help or hurt the economy?

RC>RC ChatGPTHelp

the Economy › State Ownership

Should the government acquire equity stakes in companies it bails out during a recession?

RC>RC ChatGPTYes

the Economy › Four-day Workweek

Should Peru transition to a four-day workweek?

RC>RC ChatGPTNo

the Economy › Cryptocurrency

Should the government classify cryptocurrencies as legal forms of payment?

RC>RC ChatGPTNo, but the government should create an official digital currency

the Economy › Decentralized Finance

Should the technology of our financial system transition to a decentralized protocol, that is not owned or controlled by any corporation, similar to the internet?

RC>RC ChatGPTYes, this would reduce wealth inequality by providing more transparent, affordable, and inclusive access to financial services

Radical Change Party

Radical Change’s policies on economic issues

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