From my own perspective, as a small business owner, the business cycle runs like this:
Year 1. Try to recover lost profits from endless cycle of mandated wage hikes. Take flack from public, and employees who have been watching too many "living wage" infomercials.
Year 2. Try to recover lost profits from every supplier you have passing along their increased costs due to fuel, insurance, and union contracts.
Year 3: Try to figure out what your gonna do when all your costs have gone up, your work force productivity has flatlined, and the public bitches about a nickel increase in the price of a soda yet lets themselves get porked for $1,000's by the tax man.
Year 4, You can't go anywhere, you signed a 20 year lease.
Year 4,B Some schmuck comes along running for President railing against Business and whips the whole country into a frenzy that their employer owes them health care.
Year 6: Much to my relief, siad schmuck is defeated and the Sword of Dameclese is temporarily removed from my neck.
Year 7: Start the cycle all over again.
There's only one thing that has gone in the opposite direction during this cycle. That is executive compensation. While the little guy is getting hammered, the fat cats in the suits at the top are driving fancier cars and wallowing in their 7-figure bonuses.
If it's so easy, do it!
Oh, and pension, what pension? I can't afford a freegin pension. |
