Reducing Poverty
The Free Market philosophy is
built on Self-ownership and Respecting
your rights. Don’t hurt others or take their property. Poverty can be reduced by cutting unnecessary
spending and by reducing regulations in markets, such as housing, urban
transit, and healthcare, that are now heavily regulated.
Bring all the troops home from overseas:
Would you pay your neighbor’s electric bill if they wanted your job? Today the U.S. has approximately 200,000
troops stationed around the globe in about 170 countries on some 800 bases at a
cost of $150 billion annually or roughly $450 for each American man, woman and
child. Many of the countries we are defending are also our economic
competitors in the global economy. The
cost of the wars thru Jan. 2020 is $19,000 per each man, woman and child.
More choices in education; schools in poor neighborhoods are often poorly
funded, get poor results and harm the students. End the government’s control of
the schools. Open the market to new ideas
and give students an opportunity.
End the Federal Reserve: Stop the
erosion of our wages by government inflation.
One 1913 dollar has
the same value as $26.29 today. We need a stable currency.
End the drug war: The drug war was born in racism
and has heavily targeted Blacks and Hispanics.
Young people who get arrested carry that burden for life. It costs $51 billion annually.
Repeal all restrictions on health care providers
such as midwives, nurse practitioners, and others. In most states today the
laws deprive an expectant mother of a choice in birth attendants. Abolish the
Certificate of Need Program. Abolish the FDA.
An estimated $1 to $1.5 trillion is wasted annually on healthcare.
Abolish land use laws and other
housing regulations: These laws cost the
nation about $1.6 trillion annually or almost $3660 per worker. Zoning laws have their roots in the nation’s
racist history and now everybody pays the price. While these laws harm
almost everyone they are especially harmful to renters and low income workers,
especially young families. Boarding houses that once were home to about
30% of the people in cities have been outlawed in most cities. In 1901 the average family paid 23% of their
income on shelter. Today many low income, families spend twice that.
Open the transit marketplace
to alternative providers. City politicians outlawed competition from private
businesses in the early 1900s. Today you
pay about 17% of you income for transportation compared to 8% in 1930
thanks to regulations. Regulations that limit your right to own and operate a
private transit business need to be repealed. Elderly women, working mothers
and members of minority groups are the victims of the lack of services. As one
government study reports, “The lack of
personal mobility has economic, social and human costs, such as higher
unemployment, reduced tax revenue, greater welfare and medical costs, and
limited social potential.” Six
percent of white households do not have a car. 14% percent of minority households don’t have
a car, and for Blacks specifically, it is 18%, or three times that of
whites.
Abolish occupational licensing laws:
In our nation these laws have been used to restrict competition especially
between blacks and white after the Civil War. In 1950 about 5% of jobs required some license, today 35% of jobs do.
Abolish business licensing laws
including Cottage Kitchen laws: We engage in trade to provide food, shelter and
clothing for ourselves and families. When the government requires a license,
they are selling your right to engage in that trade. END/ mhw