We should just institute the republican wet dream. No child labor laws, no minimum wage, no public schools. Lets create a new class below working poor one that needs 3 or 4 jobs to keep a household running. It'll be glorious just think of all the jobs the creators could make then!
It's really too late for that. The 1920s Hoover administration as well as the FDR administration did irreparable damage to the workings between government and the economy.
Hoover set out to make government an essential tool in dealing with depressions, with the 1920-21 depression still fresh in his mind, and did just that....
Maybe we could take some of Hoover's and the "new economic ideals of the 1920s/30s and use them today. Start a national housing price fund and give out massive loans to support the price of housing by restricting the supply like they did with agricultural products.... It worked out well....
Actually it did work out well, all that agricultural surplus in the 20s came back to the USA in gold, although that was at no thanks to Hoover, sad part is we finished spending the gold in the 70s, and the finale of credit spending came just a few years ago.