We need to do just ONE thing to improve the economy: Apply more liberty. The Trump Administration and the Republican Congress will have a historic opportunity to undo 100 years of liberal treachery and make America great again. We need to repeal not just Obamacare, but the New Deal and the “progressive” agenda doing back to liberal Teddy Roosevelt. If we don’t America will be left behind.
Eliminating the minimum wage would be a good first step. It would bring millions of jobs flooding back in. But to make it work, we have to re-think things a lot. We have to separate what people REALLY NEED and what they merely want and create a situation in which low-wage workers can survive.
China and other countries can undercut us because their economies are SET UP to accommodate low-wages. They dont have all the regulations and building codes that make live so EXPENSIVE in the coddled, entitled Western world.
People in some parts of the world live on $1 or $2 per day, yet they dont starve. How do they do it? First, they dont feel entitled, so they dont expect as much. Second, they can and do get housing and food they can afford. That stuff doesnt meet modern Western standards, but guess what... they survive just fine.
Whats wrong with an outhouse if you cant afford a house with a septic tank? It works. But the almighty government wont let you have it. Want a car without airbags or nonsense emissions controls? Sorry, not allowed. Oh, and all your food need expensive government controls, too. So you need $15 an hour or more to live here.
Thats why job creators prefer to open up in places with a more business-friendly environment. We need to change all that and make the US competitive again.
China undercuts the USA on corporate taxation and regulation, but it’s a means to an end. They would engage in progressive taxation with a vengeance if communism were the only game in town.
We need to gut the tax code, lower taxes for EVERYBODY and abolish the IRS.
That will immediately jump start the economy.
NO. No. No. That's not our goal - we don't want to be a third world hellhole. There's something in-between a punitive hellhole and a liberal welfare state that kills initiative. Life's a spiritual journey...we're looking for the right path.