The Shackling of American Business

A few years ago the newly Democratic congress made it a priority to substantially raise the minimum wage.  I wonder what happened to those businesses that were barely surviving?  When the government forced them to raise their employee compensation I imagine some of them had to shut down.  Those employees who were making minimum wage were then added to the lists of the unemployed, and the businesses were no longer paying taxes, since they could not afford to stay in business.  They were too small to survive the increase in overhead cost.

Now our Democratic president and congress are pushing through a bill that will require “those who can afford it” to provide health insurance for their employees.  Who is going to decide “who can afford it”?  Will it be the same people who have approved spending enormous sums of  money that we do not have ourselves?  I do not trust them to make the right decision.

I am confident that there will be some companies that will not survive this latest burden being placed upon them by the government. 

More people on the unemployment roles.

Less companies paying taxes.

I suspect that politicians forget what life is like in the “real” world.  Most families are two income families.   At least one, needs to find a job that offers benefits.  That means that the other partner could work a job that does not offer benefits, but that still adds to the family income.  There is a place for the job that does not offer benefits, but that still provides income. 

In the world that I live in, you accept whatever job you can get, and then you look for a better one, until you are satisfied with your situation.   

Employers pay as well as they can afford to pay, so that they retain their good employees. 

It’s called free enterprise and it has worked pretty well.

Our government is going to squeeze more companies out of business by placing upon them the shackles of mandatory higher wages and now, health care provision.

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2 Responses to “The Shackling of American Business”

  1. Gloria Says:

    just heard that a long time company down home is laying off 100 people. In an area that there is already a shortage of jobs, what will they do? Good thing that we don’t place our trust in our job or even our economy but in God – who knows all things and will make a way.

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