If a mayoral candidate wanted to actually help young people, minorities, and the poor in New York, he or she would take a long hard look at the way poorly designed or outdated laws and regulations drive up costs and drive away opportunity. Unfortunately, most candidates are more interested in parroting progressive platitudes and pandering to Wall Street, labor unions, and the construction industry.
-Walter Russell Mead, as excerpted from here
Regular readers will recognize that economics is not my strong suit, but.................If the Obama administration, or any administration for that matter, gets frustrated by the dearth of economic opportunity; and, if said adminstration wants to increase the number of people either creating their own businesses, or going to work for some one else's business, the best and easiest way to start that process would be to roll back "poorly designed or outdated laws and regulations." Just saying.
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