The Pope
is concerned about youth unemployment:
Widespread youth unemployment is
creating a generation of the jobless, Pope Francis said Monday, setting the
tone for a weeklong visit to Brazil that marks the first foreign trip of his
papacy.
The Argentine pope, speaking to
reporters at the start of a 12-hour flight to Rio de Janeiro, criticized labor
markets that he said treated young people as "disposable."
"We risk having a generation
that hasn't held a job. Personal dignity comes from working, from earning your
bread," the pope said. "Young people are in a crisis."
I have a few suggestions for the Pope. Very humbly offered:
- Eliminate minimum wage laws.
- Eliminate statutes giving unions extra-market power.
- Eliminate financial and administrative burdens for laying-off employees and otherwise restructuring a workforce.
- Eliminate central banking, the root of the boom-bust cycle that has devastated the global economy.
That would be a start.
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