Diana Furchtgott-Roth. All good, and all require government from stepping back from the misguided interventions into commerce. I am perplexed by this:
As we enter a new decade, with a new Congress, we shouldn’t regard our 9.8% unemployment rate as the new normal. Rather, we should encourage Congress to draft new laws to fix the problem and return our unemployment rate back where it belongs-to the 4% or 5% range.
We don’t need new laws, we need to repeal existing ones. Okay, so we may need new laws to let markets operate more freely. We can do better than 9.8% unemployment, as Diana points out in her piece. 9.8% is the limit based on the current crew’s bad ideas.
They would be investment banker and former “car czar” Steven Rattner and New York Attorney General and incoming governor Andrew Cuomo. Here.
Asks Michael Swartz. Uh, no, and not without adding costs to the American people. The obvious problem I see with Michael’s suggestion with “restoring the observance of remaining federal holidays to their rightful places” is that workers will demand and politicians will give them more days off to compensate for any reduction.
Good idea. Regulations are where all kinds of limits to freedom are buried: social engineering, social justice, political payoffs, competition stifled.
The tax forms are a common illustration of this: you get a tax break if you do this or have such and such. A flat tax, one rate with no exemptions, is a clear threat to this regime. That’s why it is a good idea.