Republican Platform Endorses ESOPs!
Posted 9/6/2012
“Republicans believe that the employer-employee relationship of the future will be built upon employee empowerment and workplace flexibility, which is why Republicans support employee ownership. We believe employee stock ownership plans create capitalists and expand the ownership of private property and are therefore the essence of a high-performing free enterprise economy, which creates opportunity for those who work and honors those values that have made our nation so strong. Today’s workforce is independent, wants flexibility in working conditions, needs family-friendly options, and is most productive when allowed to innovate and rethink the status quo. The federal government should set an example in making those adaptations, especially in promoting portability in pension plans and health insurance.”
The Democratic platform has no reference to ESOPs.