In response to:

Upward Mobility Barriers

Marc_H Wrote: Sep 06, 2012 7:43 PM
not quite skippy people can choose where to shop
Joseph64 Wrote: Sep 06, 2012 8:58 PM
Not if the government sets up a system whereby competition is eliminated or kept to a minimum. You can't choose to shop at my store if I am denied a permit to do business in your town.

Let's pretend that we have the political guts to expand economic opportunities for people at the lower end of the economic spectrum. What vested interests should be attacked, and what economic regulations should be targeted for elimination? It doesn't take a lot of money to become a taxi owner-operator and earn more than $40,000 a year. One needs a car, an insurance policy and ancillary interior equipment to make a car a taxi. In New York City, to be a taxi owner you'd have to purchase a license -- called a medallion -- that in June 2012 cost $704,000. New...