How to Fix the Jobs Problem - Llewellyn H. Rockwell Jr. - Mises Institute

How to Fix the Jobs Problem - Llewellyn H. Rockwell Jr. - Mises Institute: "All this talk of unemployment is preposterous. Think of it. We live in a world with lots of imperfections, things that need to be done. It has always been so and always will be so. That means that there is always work to be done, and therefore, always jobs. The problem of unemployment is a problem of disconnect between those who would work and those who would hire."


"The high minimum wage that knocks out the first several rungs from the bottom of the ladder

The high payroll tax that robs employees and employers of resources

The laws that threaten firms with lawsuits should the employee be fired

The laws that established myriad conditions for hiring beyond the market-based condition that matters: can he or she get the job done?

The unemployment subsidy in the form of phony insurance that pays people not to work

The high cost of business start-ups in the form of taxes and mandates

The mandated benefits that employers are forced to cough up for every new employee under certain conditions

The withholding tax that prevents employers and employees from making their own deals

The age restrictions that treat everyone under the age of 16 as useless

The social-security and income taxes that together devour nearly half of contract income

The labor-union laws that permit thugs to loot a firm and keep out workers who would love a chance to offer their wares for less"