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To: free_life

If you

1) lowered taxes to 10-15% flat tax

2) abolished minimum wage

3) got rid of the thousands of dead-end regulation that skyrocket costs

4) abolished federal protection of unions

we would experience a greater economic boom that we did after the Reagan tax cuts. Soon, China would be off the economic radar screen.


3,531 posted on 01/14/2016 8:55:13 PM PST by Jim W N
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To: Jim 0216

Minimum wage laws are state laws and I doubt any will ever abolish them. The other 3 are all good changes but it won’t deal with China pennies per hr wages and their artificial deflation of their currency. Manufacturers will still do their manufacturing in China and those jobs do not move back here. Many, probably most Americans will want to buy American made but the China produced goods are still going to be much much cheaper. Price is king to most shoppers/consumers.

We need a tough bargaining stance to get China to even the playing field and other than tariffs I don’t know of one.


3,715 posted on 01/14/2016 9:26:27 PM PST by free_life (If you ask Jesus to forgive you and to save you, He will.)
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