Allow Workers and Employers to Work without Burdensome Regulation

Allow Workers and Employers to Work without Burdensome Regulation

January 23, 2009

Full Document Available in PDF

One of America’s greatest economic strengths is individuals’ and businesses’ ability to adapt to changing economic conditions. However, in the case of labor markets, many workers and employers remain subject to an array of obsolete New Deal-era labor regulations that discourage innovation and hamper flexibility. The old adversarial model of labor relations has little to offer to the 21st century workforce, which is characterized by horizontal company structures and greater job mobility—flexibility which employers and workers need to better ride out downturns in the economy.