To Create Jobs, Stop Destroying Jobs
With unemployment stuck around 10 percent, President Obama has pledged “to take every responsible step to accelerate the pace of job growth.” Here’s a thought: Instead of trying to “create” jobs by tweaking this tax break or increasing that spending program, why not stop doing things that destroy jobs?
The author of that incredibly sensible view, Charles Lange of the Washington Post editorial staff, suggests three specifics:
End federal protectionism and price supports for sugar.
Repeal the Davis-Bacon Act. … This law requires employers to pay the “prevailing” local wage on federally funded projects.
Reduce the federal minimum wage.
And if we start thinking this way, we can find other good examples. For example, we could eliminate professional licensure in medicine, law, and other occupations.
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