The very fact that President Obama has to keep telling people he is not anti-business is a clear indication that he truly is. Virtually every major policy he has pushed is clearly anti-business. On top of that, his gut reaction to every problem appears to be anti-business. Obama has vilified banks, auto companies, insurance companies, doctors, hospitals, investment professionals, oil companies, chemical companies and the list goes on. The president and the press blame everyone but the administration for the lack of business activity, which ultimately is the cause of the lack of jobs. He is trying to use an old line with the country…Who are you gonna believe me, or your lying eyes?
What the President does not seem to get is that businesses can deal with good news and they can even deal with bad news. However, uncertainty paralyzes business. It is really no different than life in general. For example, if you are having health issues and you go the doctor, one of three things can happen. First, it is good news, nothing to worry about. You go back to your life as if nothing ever happened. Second is bad news. You have cancer. You put together a plan with your doctor and you get to work executing the plan. This is not good, but you have a direction and purpose. The third outcome is they don’t know what is wrong. They know something is happening in your body, and it probably is not good, but they don’t know what it is. So, what do you do? Nothing! You can’t go back to normal, and you can’t work a plan to get better, because you don’t know what is going on. In short, you are paralyzed.
Business people know in their gut something is wrong. They see government taking unprecedented action to intervene in the economy and the daily activity of business. What’s more, none of the actions appear to be good for business, and clearly most are bad. This creates massive uncertainty. The administration said the healthcare bill would help small business. While much of the regulation resulting from the bill is yet to be written by bureaucrats, we already see a “punishment” mentality. If you take very good care of your employees through “Cadillac Coverage,” you are required to pay additional tax to help pay for others’ healthcare. If you don’t offer a plan the administration deems acceptable, you will be fined.
Of course, there are hundreds of other “healthcare” regulations in the bill that will impact the cost of doing business, but the bill goes even further. It puts excessive regulation on small businesses by requiring them to notify the government about every vendor with which they do more than $600 of purchasing from. This extra burden adds additional costs. Any time costs are added to businesses, they have less money to invest in the growth of the business. Only business growth will drive job growth.
Because President Obama seems to believe every major problem the United States faces is caused by business, he attempts to right the perceived wrongs by punishing the wrongdoer. Of course, this scares business into inactivity. Businesses don’t know what is going to happen to taxes; they don’t know what regulation is around the corner and they don’t know who the next target is. In addition, even if a specific business is not targeted, attacks on other businesses have ripple effects. For example , if he says coal companies are bad and should be punished, in the Obama world, that doesn’t affect any other business, but in the real world, it affects them all, because punishing coal companies necessarily increases the cost of electricity. When electricity rates go up, manufacturing costs go up. When manufacturing costs go up in the United States, businesses act rationally and move their jobs overseas.
To understand Obama’s very nature, you have to look no further than the BP oil spill. Let me remind you that Obama is the president who claims to want to use science in his decision making. We just received proof last week that the administration lied when trying to support its six month ban on new deep-water drilling. The AP has reported that a recent report released by the Interior Department’s inspector general concluded that the White House implied that the moratorium recommendation had been peer reviewed by scientists, but the AP reported that this peer review never occurred. We all know that the administration looks at a crisis as an opportunity to push its agenda. The BP oil spill was just such an event, and the administration knowingly and willingly destroyed jobs in its efforts to destroy the US oil based energy industry.
Yes, Obama lied, and jobs in the Gulf of Mexico died, but they were not just the evil oil company jobs. Obama’s lies had a ripple effect. No oil workers leads to fewer hotel and restaurant workers. This leads to fewer retail workers in clothing stores and hardware stores. This leads to fewer orders for clothing manufacturers and hardware manufacturers. This leads to the loss of jobs all over the country. It is kind of like the old song…the toe bone is connected to the foot bone, the foot bone is connected to the leg bone…you get the picture. When Obama’s lies kill oil jobs, they also kill jobs all over this great nation. So, yes, Obama lies, jobs die.
Photo by Dave Davidson
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