Hong Kong Employment Best in 13 Years

Hong Kong and USA were formed at the same time by the same people with the same philosophy.  Hong Kong pretty much stayed to its free market origins.  USA changed, mainly because it got big.  In a big democracy, it only takes a few people to hijack the whole thing. Wars, bailout, torture, lawlessness... it is at the direction of very few people.  USA unemployment is rising up up up, but in Hong Kong, they have the least in 13 years.  Hong Kong has freedom.  USA does not.  Hong Kong deregulated wine, and there was a tremendous wave of new job creation as a result.  People in Hong Kong and China began to get the health benefits of wine flowing through their veins.  Argentina, Chile, Australia and Europe have been doing well with this new market.  Their wines are good.  USA wines have a bad reputation, because the huge USA corps with promotion tax dollars went in and offered schlock first, and when you do not have to earn a profit, because taxpayers bail you out anyway, any sales channel will do.  USA wine reputation may never recover.  And you pay for it, you paid for it.

The government policies are sucking the oxygen out of the economy, and killing off small business.  Job #1 is to end corporate subsidies.  Also end corporate taxes, since it is impossible to tax a business.  All costs are borne by the consumer.  Any business tax is passed on to the ultimate consumer, if the business does not die (if it does, then that business was in effect the ultimate consumer.)

Subsidies contribute to the sucking of air out of the economy.  Regulations break the back of small businesses who cannot comply.  Let property rights and contracts regulate business.

And then freedom.  Hong Kong deregulated wine and spirits and employment grew.  In USA we are hyper-regulating and "paying for" free health care (ugh!... if I am sick, I want cure, not care!)  All we will get less, worse, expensive and slow.  If we want to see the US economy flower again, then deregulate something anything.  Deregulate medicine.  Eliminate the FDA, forbid anyone laid off (check the social security numbers) from ever working for government again, cut the govt budget by that much, and then let medicine grow and flourish and push the unemployment rate back down.

It happened when we deregulated telephones.  And nobody new the internet would follow.  Deregulate medicine, and the undreamed good will happen.



A change in leaders will make no difference, just as there was no difference between Bush and Obama.

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