Add a "Right to work" law that ensures employees are not forced to join a union and I'd be in complete agreement with you. Well, we better also add some tort reform too!
Ah yes, breaking the public sector unions is key, too.
Tort reform is the toughest one: In an efficient and free economy, tort law is actually a means of resolving conflicts without resorting to regulation. Also, lawyers and doctors seem to deserve each other's company under the current system. It will be interesting to see how liberalization of the health economy will affect tort lawyers.