Libertarian Party Monday Message: High Unemployment on Labor Day

Dear Friend of Liberty,

It’s hard to celebrate Labor Day when unemployment is 9.6 percent.

Government interference is the single biggest cause of unemployment. Minimum wage laws, OSHA, ADA, etc., etc., make it difficult both to hire and to fire workers. (And when it’s difficult to fire workers, it’s much less likely that they will be hired in the first place.) To reduce unemployment, we need to start repealing laws!

Section 2.7 of the Libertarian Party platform states: “We support repeal of all laws which impede the ability of any person to find employment. We oppose government-fostered forced retirement. We support the right of free persons to associate or not associate in labor unions, and an employer should have the right to recognize or refuse to recognize a union. We oppose government interference in bargaining, such as compulsory arbitration or imposing an obligation to bargain.”

I read today that President Obama wants another $50 billion in Keynesian stimulus spending. Stimulus supporters think that government spending creates jobs. What they don’t seem to understand is that the money is taken out of the private sector, which decreases private sector spending and investment, and that destroys jobs. I believe that stimulus spending destroys more jobs than it creates. We’d be much better off with the laissez-faire policies advocated by Austrian economic theory.

It makes me mad to think of all the ways the Republican and Democratic congresses, and presidents Bush and Obama, have hurt the private sector with all their stimulus and bailout programs. (Remember George W. Bush’s 2008 “Economic Stimulus Act” with all the $600 “rebate” checks?)

If you’d like to help fight them, please participate in Quiz Across America.

Sincerely,

Wes Benedict

Executive Director

Libertarian National Committee

P.S. If you have not already done so, please join the Libertarian Party. We are the only political party dedicated to free markets and civil liberties. You can also renew your membership. Or, you can make a contribution separate from membership.

2 thoughts on “Libertarian Party Monday Message: High Unemployment on Labor Day

  1. '..... just look at the activists ' [Lake]

    Oh, and that is just the official unemployment! Kinda like the DOT MPG ratings, always 100% wrong!

    I am not in Orange County, but I knew the LPOC was on the ropes a couple of years ago.

    I got yelled at, dog piled, screamed at. Now the truth, MY truth, has come out ——– just as I originally said ——– again!

    I and Citizens For A Better Veterans Home do endorse Norman Westwell.

    “Norm needs our support to advance liberty to yet another higher level of public service! We need lots of volunteers and donations to help elect him to Huntington Beach City Council in 2010–please contact us or his campaign to lend him a hand!

    http://www.normwestwell4hbcc.com

    This is your chance to participate in a WINNING campaign–Norm has already been elected twice to public office and is Southern California’s only elected Libertarian.

    Back him and be a part of the reborn Libertarian movement in Orange County!”

  2. J. Moromisato

    Here is a preview from my next book: “The Denver Plan”
    The four worst economic fallacies:
    1. Government has the sole power to create money, therefore it creates inflation.
    Wrong! Financial institutions are the mayor cource of new money.
    2. Inflation is the biggest threat to our wellbeing.
    Wrong! Recessions are a bigger threat.
    3. Government spends our hard earned money.
    Wrong! Government produces the public good we need; in the process the money spent flows to the private sector; the taxes we pay should be proportional to the money we receive.
    4. Open trade benefits us all.
    Wrong! Open trade is unequal trade; it benefits the net-exporters at the expense of the rest.

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