Friday, September 23, 2011

How to Cut Unemployment in 3 easy steps

If you want to cut unemployment in HALF, do these THREE THINGS.

Do them for 10 years.

1. The whole of the USA becomes a right to work country. NO UNIONS at all. IF you want to join you can, but free will only. No more coercion. Start by eliminating all of them.

2. All employees become independent contractors. No Benefits. No Deductions. No nothing. If you are paid $20 per hour you get $20 per hour. No exception. Payroll becomes simple. No FICA. No Medicare. Nothing. Puts money in peoples pockets at once.

3. All licensing, all certification (teachers), all permitting to do any kind of business is eliminated at once except for the most essential. Drs. Dentists and Pharmacists. Let anyone hang out a shingle and allow the market to choose the winners.

Stop all rent seeking.

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