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A variety of criteria should be used when evaluating proposals to stimulate the economy:
Relief packages for people facing hardships due to economic downturns should be temporary and well-targeted.
Public retirement systems should establish a maximum vesting period of five years for DB plans and one year for employers’ matching contributions to defined contribution or hybrid plans.
Social Security should cover all workers, including all newly hired state and local government workers.
Policymakers and the private sector should ensure that consumers and employees have the right to seek redress through the courts for injury or losses.
Options for alternative dispute resolution (ADR) should be available. These include mediation and arbitration.
Policymakers should adopt robust service standards and consumer protections to ensure fair terms and conditions for all essential utility and telecommunications services.