Millennials don't buy cars, houses or other big ticket items because they have no money.
Since Katrina hit New Orleans, I've advocated that the feds turn it into
a federally-free zone - abolition of all federal laws, taxes,
regulations and "benefits" and the withdrawal of all federal personnel -
so it could recover as quickly as possible. It would be best if it was
also made a state-free, and city state-free zone too, but I'm not going
to go overboard. In a similar vein, this author advocates government free Detroit so it can recover as quickly as possible.
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