Are you a part of the informal economy? Do you do things outside of a formal work structure. Do you get paid in cash, under the table? Do you buy and sell using Craigslist, eBay or other routes? Do you ever hire the day laborers hanging out on Galletti Way?
The governments (Federal, State & Local) frown on this sort of behavior. After all, how would they get their cut. And, perhaps even more, how can they regulate and control you?
Here is a story of an itinerant New York City candy vendor who makes upwards of $150/day selling candy in the subway. It’s also a report on some of the facts of life about this segment of the economy.
It’s estimated that about 60% of all working people on earth work in an informal economy. A great benefit is seen because the independent entrepreneurs are not sitting on welfare or collecting food stamps.
What do you think? Would we be better off if this were legal?
