Regulations Strangling Small Business Growth
1st July 2015
Big businesses can cope pretty well with regulatory uncertainty and regulation creep. When the minimum wage jumps to $15 an hour in a big city, a chain of drugstores can afford to install expensive automatic check out machines to replace all those human workers with some nice robots who won’t get $15 an hour plus overtime plus health care. A start up doesn’t have that freedom. At just the moment when our economy desperately needs a wave of innovation and small-scale entrepreneurialism, the Left has decided to do everything in its power to make the American system as inflexible and corporatist as possible.
Business is the horse that socialists beat to keep their kleptocracy running. A big horse can take this beating better than a small one, that’s why socialists favor the big horses. But you know all this.