by Rick Lowe

The summary for the video for Learn Liberty tells us:

"Economist Jeffrey Miron of Harvard University outlines three policy reforms that he thinks would promote economic recovery and growth in the United States: cutting entitlements, freezing regulation, and replacing the existing tax code with a flat tax on consumption."

The point is, the better the economy is, the better off everyone can become. As John F. Kennedy is reputed to have pointed out, "a rising tide lifts all boats".

The last two recommendations are more applicable for The Bahamas.