There's a buiding boom in cheap, private, apartments. Road entrepreneurs price travel according to consumer demand. Using modern technology, drivers get bills once a month. Non-drivers no longer subsidize car owners. Government welfare is wiped out.
Bums work or starve.
The deserving poor find a cornucopia of private services designed to make them independent. Private charity explodes, as the American people, already the most generous in the world, find their incomes almost doubled, thanks to the tax cuts. The Federal Reserve closes its open-market operations and stops protecting the banking industry from competition. But banks can now engage in all the non-bank financial activities previously forbidden to them. The business cycle, which is caused by monetary expansion through the credit markets, is liquidated.