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Does a 0% public sector job growth necessarily indicate a failure, in and of itself? To me, that's not probative at all. What if Sweden had simply reached a lev
by Bud 11y ago
Does a 0% public sector job growth necessarily indicate a failure, in and of itself? To me, that's not probative at all. What if Sweden had simply reached a level where everyone who was employable and wanted to have a job, had one?
"Removing red tape" has been tried quite a bit, as a sole means of stimulating growth. Not only has it failed over and over again, but the negative consequences dwarf even the fantasies of growth by proponents. "Cutting taxes" has also been tried, and has failed, over and over again.
- dmix 11y agoRemoving red tape has indeed been tried in America... but almost exclusively for the benefit of already large near monopolistic corporations. It has rarely happened to the benefit of small/medium businesses. Especially if you're talking about deregulation that happened in the financial industry in the 2000s. The companies that most struggle with red tape aren't mega-corps but the smaller companies who can't afford teams of lawyers to fight through them, or the lobbyists to implement them in their favour. There has been very little significant deregulation in the USA in the past two decades outside of Wall St/big corps. Context matters, except when discussing politics it seems...
- Bud 11y agoYou make a good point, and I hear you. I'd be interested in any specifics you have to offer that would target smaller businesses.
- dmix 11y agoWell, having been through the ridiculous temporary worker / immigration process in America - coming from Canada with a solid job offer and even an American lawyer, I'd say that would be a great place to start. The American tax system is riddled with complexities that make business difficult. A flat tax as proposed by Ted Cruz (the only good thing he has proposed) would make doing business vastly simpler. But the vast majority of regulatory hurdles are industry specific and there are thousands of them. It would take a serious political-backed task force to go through them all to find the worst. Here is a good article on the subject, featuring good examples: > Under Massachusetts regulations, a hair salon owner who wants to sell her shop to an employee must first temporarily close down. A funeral director can't hire a part-time apprentice—only full-time is allowed. The state's legal size for a sea clam differs from what federal requirements specify. http://www.wsj.com/articles/SB10001424052970204276304577261200963166884 http://www.wsj.com/articles/SB100014240529702042763045772612...
- albertop 11y agoSeems like "It has rarely happened to the benefit of small/medium businesses." and "The companies that most struggle with red tape aren't mega-corps but the smaller companies" are contradictory. Not sure if I understand if you are for or against removing red tape.
- dmix 11y agoPoliticians are the ones acting contradictory. By removing red tape for mega-corps - for companies who already have the financial capacity to hire lawyers and staff to deal with regulation - instead of removing red tape for the small companies who would really benefit from it. I believe it's clear where I stand on the matter.
- liamcardenas 11y agoI edited the main post. I meant that there was no private sector job growth. When has lowering taxes and removing red tape not worked?