There are only two pathways to greater economic growth: more people working or individuals producing more (or both). The new administration has proposed policies to grow the economy and increase U.S. manufacturing.
It wants to get more people working and fewer watching by reducing the number of government employees so bureaucrats can enter the productive economy. It plans to leave minimum wage laws up to the states due to regional differences, so unskilled workers, especially teenagers, aren’t excluded from the labor pool, giving them a chance to gain valuable experience that will allow them to become more productive and command higher wages.
More importantly, productivity must increase, something that big labor fights. We no longer pick corn by hand, the Bessemer converter allowed us to replace brittle cast iron with low-cost steel, and computers allow bookkeeping without physical books.
