The U.S. government could help American workers tremendously by ending its extremely costly interventions overseas and reducing its military establishment. Employment in defense industries would decline, but if the reduction in government spending were matched by tax cuts, then the economy would be given a big leg up to adjust to productive lines of work. The U.S. is over-investing in phantom security. The U.S. government could help American workers tremendously by scrapping Obamacare and freeing up the medical sector of the economy, thereby making it more competitive and producing lower costs and higher quality. The U.S. government could help American workers tremendously by making Social Security optional for them. These measures are regarded as too radical and too out of the mainstream of the two major parties.
Posted on: Fri, 31 Jan 2014 14:18:46 +0000
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