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Ideas the engine of new growth : Comments
By Craig Emerson, published 12/12/2008There is nothing more powerful, it seems, than the power of a good idea created by a vivid imagination.
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By that I mean
Less bureaucratic bulldust in the form of
Simpler and easier to understand Planning regulations
Simpler and less precious EPA regulations and approvals
Simpler and more flexible OHS interpretations
Simpler tax laws
Maintenance of the previous (Liberal) governments employee relations legislation
No support for inefficient existing old businesses who find the foundation of their investment secured by maintaining the status quo.
No grants for small business which require the government to pre-ordain “winners”, the people who play those games are losers who would not recognize a winning idea even if it bit them.
From all of the above we would see a huge reduction in the costs of employment of professional parasites and flunkies of the bureaucracy, who add nothing to the economy.
This saving would translate into a massive tax saving producing a justifiable reduction in tax rates, leaving more in the pocket of the innovative.
In short, butt out and let the innovators innovate “unhindered” by the do-gooding, opinionated ineffectual whilst simultaneously improving the return for those who actually take the risks