St. Croix, WI, October 1, 2011. Carl Person, Candidate for the Libertarian Party’s nomination for President, made the following statement today as part of solving the unemployment and economic problems existing in Wisconsin and most if not all other states:
Background – My background – business owner at age 9 (newspaper route in North Platte, Nebraska); high school dropout; AB magna cum laude; Harvard Law School; commercial and civil rights litigation; created paralegal field, inventor, came in 3rd for NYS Attorney General during November, 2010; creating a new career field with more than 10,000,000 waiting to be filled – Assistant to the Owner of a Small Business. Wisconsin: Started and was nation’s leader in technical (vocational) schools, and has been led by US Government and its higher education and student loan policies (and its own regulation of education) into current crisis of having an insufficient number of high paying jobs and job-creating small businesses in Wisconsin
1.. 1st 3 Are Free – WI can get bi-partisan message to Congress and Obama through the National Association of Governors – Office of Federal Relations – should be doing
2.. Tax Incentives for small business are worthless – Stop using them and tell Congress and Obama through the NGA
3.. Subsidizing Business to Move Jobs to Wisconsin – Hurting taxpayers and existing WI businesses by subsidizing their competition – Instead, develop a healthy business environment for small business by decreasing or eliminating regulation – review each statute and get rid of as much regulation as possible
4.. Encouraging existing small businesses to hire smacks of industrial policy – picking winners, hurting others; your efforts should be to assist small business at and before they are started
5.. Eliminate restraints on the raising of capital by small business (i.e., the “Blue Sky Laws”) – end all filings, fees, reports and prospectuses and permit any small business to raise up to $5,000,000 per 2-year period subject only to the laws of fraud – dramatic expansion of jobs, at the cost of a few lawsuits for civil or criminal fraud – we have protected our citizens out of their jobs – Go through NGA to change federal law.
6.. Unemployed College Graduates. What would you think if you, as a recent unemployed college graduate, owe $200,000 on student loans which can’t ever be repaid and which cannot be eliminated through bankruptcy – especially when hearing that a better, job-getting course of training could have been obtained at a cost of only $2,000 per year, instead of $10,000 to $70,000? – Stop this Runaway Locomotive of Unemployed Youth and College Graduates from Running You Down – train them now with skills that will get them higher paying jobs than many of today’s airline pilots
7.. Colleges never trained persons for jobs, they trained as thinkers to be trained later by the large corporations. But large corporations aren’t doing this any longer, and governments are hiring fewer persons, and hopefully the military and armaments industries are using fewer persons – this leaves small business to do the heavy hiring, which can’t use college graduates – they have none or very few of the technical skills we need in running a small business.
8. Multi-skilled training is needed, but not in classic niches (drill press operations, welding, automotive repair). Instead, multi-skill macro (broad-based skills) training is needed (to do a lot of the work currently being by a small business owner), so these trainees can become the assistant to the owner of any small business. This will make small business more efficient, competitive and profitable, and create more jobs, and will lead 50% or more of the multi-skilled Assistants to become entrepreneurs after leaving their 1st or 2nd jobs, requiring 2 more trained assistants. I created such a program, and the lawyer for NYC Welfare Dept. wanted to be the first student in my class.
9. Encourage small businesses to open up. You don’t have to give them subsidies. Give them opportunity by getting out of the way. Eliminate all licensing is what I encourage you to do. Five situations come to mind:
A.. Post-secondary training programs to train youth, unemployed, underemployed, airline pilots earnings only $30M/year, retirees, and perhaps lawyers and doctors to acquire multiple technical skills to be the assistant to the owner of a small business. Don’t require entrepreneurs to go to your regulators to seek permission to do what the regulators know nothing about – let the entrepreneurs decide what the market wants and let them risk their own money – how can you go wrong? Why do you want to regulate that, when your regulators are already in charge of higher education that charges 40 times as much and has their graduates winding up unemployed and hopelessly in debt. Try the other way. Eliminate this licensing nonsense. This will create trained persons who would be hired by the nation’s 26,000,000 small businesses
B.. Be smart as a state, and be the first to eliminate the licensing laws, and you will have a disproportionate amount of the vocational training business located in Wisconsin, creating far more jobs than you would normally have if every state got started at the same time.
C. Also, get somebody in the state who understands what locally-owned state banks could do for a community and don’t get in their way – let them get formed and help finance the growth of small business and jobs in Wisconsin – look at the North Dakota model, about 7 other states are looking at this right now (including Wisconsin, I might add).
D. Here is another thought from a entrepreneur and Libertarian, encourage local groups to set up a local database for keyword advertising similar to Craigslist, in which everyone in the town, village or area is encouraged to put as many free keyword ads in the database as possible, describing what goods or services they want to buy or sell, and after everyone has put in their keyword data, you can then advertise the database to a 25-mile radius around the town at almost no expense to the advertisers – $1/minute ad paid for by 5,000 advertisers is at a cost of 5,000 1-minute database ads for a cost of $1 as to any of the 5,000 advertisers. How can businesses in the town or village not take advantage of such favorable business economics?
E. Set up an area-wide payroll administrator, to make it easy for small business to hire, without the need for any workmen’s compensation or disability income insurance policies and without any threatened audits. This is a workaround not requiring any governmental approvals for my 1st 3 Are Free idea.
Follow Libertarian Principles – They Are the Solution. Libertarian principles should be followed, by having private interests engaged in the recommended activities, such as starting up tuition-free equivalency colleges, post-secondary vocational training programs, database marketing of the goods and services of individuals and small businesses in an area, and the area-wide payroll administrator. Government and political considerations generally tend to corrupt and ruin any program that could be of help to voters, residents and small businesses. The programs should start out being locally owned and financed, but government could at least maintain websites with links to the locally-owned activities and point out that these activities have been deregulated (to the extent that happens). If competing, privately-owned state banks for Wisconsin could be created, so that there was competition for the deposit of moneys payable to the State of Wisconsin, it could prove to be more effective for Wisconsin (or any other state) than a state-owned state bank, depending on how state politicians use or misuse the state-owned state bank.