Bill Bonner has the true conservative's
answer to our economic woes:
Abolish all welfare of all sorts…no unemployment insurance…no child tax credits…no welfare…no foodstamps…no nothing, except privately-sponsored charities. Close the public schools. Kick out all the bureaucrats and all federal and state employees. Abolish all rules concerning employment – no minimum wages, no overtime, discriminate all you want. Require all residents to say please and thank you…dress properly…and sneer at people who don’t seem to be gainfully employed or polite. Declare the city an Open City and Free Trade Zone. In exchange for cutting all federal aid programs, eliminate federal and state taxes for people living in the city. Allow unlimited immigration into the city…giving all immigrants a U.S. passport after 5 years of residency. Levy a flat 10% tax to pay for basic services. Eliminate elections…have the city controlled by a town council composed of 10 citizens chosen at random.
Within five years, Detroit would be the most dynamic city in the nation.
I could not agree more. Would that this prescription were filled all across America.
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