Job creation would not take massive changes in policy or huge government expenditures. Unfortunately, Democrats and Republicans are of the mindset that every economic problem can be solved through adjustments in taxes or spending. The simple fact is that we have created an environment unfriendly to small businesses, which are the only net creators of jobs in the United States. Fortunately, the job climate can be improved tremendously with three microeconomic changes that will free American businesses from the regulations that prevent them from growing and creating jobs.
Step 1 -
Small businesses are at an immediate disadvantage when it comes to raising capital.
Since the enactment of the Securities Act of 1933, it has been illegal for small
businesses to solicit investors through advertising. Federal and state elected officials
apparently don’t want Americans investing in local businesses when they could instead
invest in the giant corporations that fund state and federal officials’ re-
If Congress would amend the Securities Act and exempt (under the interstate commerce clause) all efforts by small businesses to raise capital up to a specified amount, millions of businesses would be able to grow and hire millions of new employees.
Step 2 -
Carl’s “First Three Are Free” plan would create about 3,000,000 jobs over a one-
Instead, the self-
Step 3 -
The most destructive job-
There are 10,000,000 skilled, high-
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