Depressions and mass unemployment are not caused by the free market but by government interference in the economy. – Ludwig von Mises
As we head down the home stretch of this series, I felt it necessary to seek the input of someone who can give a first-hand example of how the seventh of the 10 tenets to maintaining democracy in a free-enterprise system directly affects him:
7. You cannot lift the wage earner by pulling down the wage payer.
Recently, I spoke with a friend of mine who has been the owner of an automotive repair shop for some 3o years. He considers his employees to be “family.” He treats (and pays) them well. More important, he pays for 100% of their health insurance. Not because he has to, but because he CAN. He is probably no different from millions of other small businessmen across the land. For it is the small business owners who employ the vast majority of Americans and contribute the most to our economy.
My friend despairs over this new healthcare decree.
“If it goes through as indicated, I will be forced to pay for the insurance, not just for my employees, but their whole families,” he told me. “And their kids are to be considered kids until they are 26 years old? Who the hell came up with the definition of a child being 25 years old?”
He went on to tell me that healthcare alone is probably going to cause him to go out of business. A businessman with decades of success, forced out of his business and forced to lay off all employees, not because of bad business practices or lack of customers, but simply because of a socialist’s agenda that simply will not work… except to destroy the free-enterprise system perhaps so it can be replaced by socialism.
“For 30 years, I’ve prided myself on working hard, giving a good service to my customers for a price that enables me to hire good workers and pay them well. It’s a formula that’s worked in this country for 200 years. And now someone comes along and says, ‘No, this isn’t how it should be done… we’re gonna change everything and do things differently… trust me!’ Well, I’ve got news for the President: You’re taking away the very thing that has made America work for centuries: The opportunity to work hard, earn a decent, honest income and provide for your family. What the hell is wrong with that?”
This small business owner has figured out that, with the cost of labor, benefits, rent, advertising, insurance, and all the other mandates required to run a business, it now costs him $3,500 for every day he opens his door to do business.
“Add to this the cost of his healthcare system and I’m done,” he told me. “And even if I could find a way to survive that, if Cap and Trade goes through, the energy prices will go through the roof for absolutely NO legitimate reason. But virtually every business I can think of will have to adapt to skyrocketing energy prices. What other way can you survive but to raise the prices of your services? That’s the kiss of death for most of us small businesses. And that means even more people out of jobs and on unemployment! It’s like [Obama’s] trying to ruin this country and the whole free-enterprise system!”
Add one more small buisinessman to the list of those who stand to lose it all under the ideology of Barack Obama… and one more reason to stand up and be counted – before it’s too late.