The Abject Failure Of The Obama Presidency – Part 7

 

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.

Gerry Ashley

10 Responses to The Abject Failure Of The Obama Presidency – Part 7

  1. […] } The Abject Failure Of The Obama Presidency – Part 7 Grand Rants ^ | 04-20-10 | Gerry […]

  2. Bob Sherunkle says:

    It is clear from your article that you have neither read nor understood what is being proposed in the healthcare reform bill.

    Just having an opinion does not make you correct.

    Go read it, understand it and then re-read your own opinions in that light.

    • Gerry Ashley says:

      Bob, in case you didn’t notice, I wasn’t writing about MY opinion, but those of a small business owner. I can’t (and don’t) speak for him. But I can quote him (and I did).

      But let’s put the ball back in your court: Have YOU read all 2,000 + pages of the bill? Assuming you HAVE, tell me where my friend is wrong. Cite page number of the bill that I can refer him to. Because ‘SEC. 2714. (EXTENSION OF DEPENDENT COVERAGE) makes it look to me like he’s correct:

      ‘‘(a) IN GENERAL.—A group health plan and a health insurance issuer offering group or individual health insurance coverage that provides dependent coverage of children shall continue to make such coverage available for an adult child (who is not married) until the child turns 26 years of age.

      And when you’re done with that, cite for all of us examples of how Cap and Trade WON’T run our utility bills through the roof. Fact is, you can’t, because even Barack Obama openly BOASTED during his campaign that Cap & Trade will cause our cost of energy to soar. And the higher prices companies will have to pay to absorb the cost of carbon credits will, of course, be passed on to the consumer in the form of price increases.

      Let’s call it what it is: A huge tax hike on ALL consumers. But it’s a clever way to get every man, woman and child to be taxed even if they have little income and would otherwise not have to pay taxes. If a woman wants to go to my friend for an oil change, let’s see how Cap & Trade will affect her:

      1. The cost of the oil will be adjusted (up, of course) to help the manufacturer pay for the carbon credits necessary to keep the refinery going.

      2. The trucking company that delivers that oil to a warehouse, the distributor and, finally, to the shop has to charge more because they are paying more for their fuel.

      3. Finally, the shop has to charge a higher price because they had to pay both the manufacturer AND the distributor higher prices.

      Now… let’s add on that new bonus that Obama would like us to have… the VALUE ADDED TAX.

      Add to that the diminishing value of the Dollar and you have Obamanomics in all its glory.

      Is there any wonder that businesses small and large worry about how this will all play out. With that kind of fear, few, if any businesses will take a chance on expanding. The focus will be on tightening the belt to make sure they survive. And that generally doesn’t mean expanding the work force. It means shrinking it. You don’t need a degree in economics to understand that, Bob.

      Further, the impact on entrepreneurial spirit is unknown, but likely to be serious. In one fell swoop, Obama will have made it far more difficult for startups to get rolling. It will require considerably more capital to open the doors of a new enterprise under Obamanomics given the costs of his Healthcare plus Cap and Trade plus Value Added Taxes.

      OK, Bob… Take us step by step through the legislation and DOCUMENT where this scenario (and my friend’s comments) are wrong.

      Because that’s pretty much how “The One” has explained it to us.

      The floor is yours, Bob… but if you come back to the table, may I also ask that you have more than just your opinion.

    • the other Ken says:

      The funniest part about Bob’s accusation is that the congress-critters didn’t read the bill nor did they care about understanding it.

      Pelosi: we have to pass the health care bill so that you can find out what is in it

      Unbelievable.

    • Bob… You just don’t get it. Forget about trying to read 2,500 pages that a battery of lawyers could feud over for years. Right off the top of my head I can think of two small business owners who have had to lay off people. I’ve known each for 25 years, and each are good, decent people. It truly breaks their hearts to lay off people, but they’ve had to do it. One of the two has gone so far as not drawing a paycheck from his own business just to pay the costs, and it’s only going to get worse with the new HC bill. this is real world Bob… Real world. This bill may very well cost me my job because I work for a small company. That’s just a cold fact. I’ve already talked with my boss about it.

      And you want to know the really amazing thing Bob??? Those two small business owners I know don’t need this hassle. On an hourly basis they are literally working for sub-minimum wage. They don’t need this. They could lay off what workers who are left and go get a job managing a convenience store. They’d get a real wage, work mere-mortal hours, get health care, and not have to worry about all this crap.

      These are just simple, real-world facts Bob.

      And here’s another real-world fact… I was thinking about starting up a small archiving business. Not anymore. This health care B.S. is going to cause more than a dropping number of doctors… Ditto for people who want to start small businesses. Be honest, would you want to try to start a small business now. Cripes, the two guys I just mentioned have each been in business for decades, and they’re scrambling to find a way to keep the operation going. What chance would a newbie have???

      Real world Bob… Real world.

  3. michael sicurello says:

    Tha govrnmint caused tha dipresshin and them god fearin’ repulicans will save r country!

    Praise be!

  4. Gerry Ashley says:

    It would appear that “Bob” has left the building.

  5. Birdseed Anarchist says:

    Bob is in the “Ridicule you” part of that supposed Gandhi quote I mentioned last week.

  6. iwan3004 says:

    thanks for this info, i would like to read for my rss, i will come back again..thanks

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