Monday, April 04, 2011

Cartel Nation: Barriers to Entry Stunt Job Growth

"Consider this fact: In the 1950s, only 1 in 20 American workers needed the government's permission to work; today, that figure is nearly 1 in 3. So much for the Land of Opportunity."


At 4/04/2011 9:32 PM, Blogger VangelV said...

The US is nowhere near what it used to be. To improve it needs to dump most of the regulations that control the daily economic lives of its citizens but that will not be easy given the support that progressives have among the parasite class.

At 4/05/2011 9:58 AM, Blogger Buddy R Pacifico said...

I predict much growth in licensing because of the revenue stream for governments.

At 4/05/2011 11:04 AM, Blogger Benjamin Cole said...

This is a great post.

I have to say, lawyers are the worst offenders. You have to have a license to practice law, but to get a lawyer to rep you in court in $200 an hour minimum, but $350 an hour or more usually.

If someone sues you, you have no choice but to hire a lawyer. Courts move with the speed and deftness of a dead rhino.

No one in the entire legal system ever wants to make it more efficient.


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