What should government do to improve the American standard of living?

PERSPECTIVE
Use the free market and free trade to create jobs
QUESTION
What should government do to improve the American standard of living?
ANSWER
Remove unnecessary regulations that discourage and impede economic growth. Reduce taxes on upper-income earners. And reduce government spending. The best way to increase everyone's slice of the economic pie is for government to let the free market work, and permit the overall economy to grow as rapidly as possible.