Hint a hint as to why I'm not at all concerned about Bush "lifting...killing" the rules, Re: "Ironically, free societies have a more even distribution of wealth than those which try to redistribute wealth forcibly! The reason is simple: free societies provide the best opportunities for the poor to work and grow rich. Conversely, a highly-regulated society creates poverty by destroying jobs, especially those of the disadvantaged.
During the 1980s, I gained first-hand experience of how government destroys opportunities for the poor to earn while they learn. For example, while rehabilitating a dilapidated apartment building, a young man who wanted to better himself came by hoping for employment. He had some disabilities that made him less than an ideal worker, but suggested that I hire him for about half of the current minimum wage. With experience, he hoped that I would pay him more or recommend him to others.
Fearful that our arrangement would come to the attention of the ever-present building inspectors, I declined. I only lost a potentially good worker, but the young man lost a chance to earn while he learned--thanks to the aggression of minimum wage laws.
The very laws that were supposed to protect this young man from exploitation actually impaired his ability to get ahead. While well-to-do youths simply pay educators to train them, the disadvantaged are shut out of the work force, sometimes permanently."
ruwart.com
There are millions of examples like the above, all good reasons to get rid of many rules.
Dan B. |
