That's a solution only if you accept the drawbacks of being a contractor. Suddenly you have to do acquisition, you're a business so your taxes get 10x more complicated (e.g. VAT), etc.
We're seeing some industries moving towards an all-contractor model over here (.nl). Postal delivery and the building trade for instance. Some contractors do well for themselves, but there's a large number of them subsisting below the poverty line. As a contractor they're no longer protected by employment laws so they get screwed over no end. Especially in the building slump of the past few years people were agreeing to work for a pittance, not realizing the consequences in time. And if they don't get a contract, they're business owners so not eligible for unemployment benefits either. Meanwhile the contract prices are under pressure as workers from low-wage countries migrate here and accept conditions that result in a wage that is livable in their home country, but not here.
This is a gigantic poverty trap, and an end run around employment law and the unions by building companies. IMO a service/contract culture is not something we should wish for.