What's better for business, more government regulation or less?
Thursday, May 06, 2004
When a person takes the calculated risks of putting up their own money, time away from their family, and a lot of blood, sweat, and tears to start their own business, who do government bureaucrats think they are telling the guy how to run his business?
If he wants to hire all 22 to 28-year-old white males, that should be his prerogative. If he wants to hire all blacks and no whites, all homosexuals and no heterosexuals, all Christians and no atheists, all women and no men, etc., that should be his decision because it's his business. The government should simply "mind their own business."
If an airline wants to screen every Arab-looking person that comes through their security screening lines, they should be able to. It's their business and their employees' and passenger's lives.
Businesses should be able to hire and fire who they want, when they want, for whatever reason they want, period.
Also, who does the government think they are manipulating the money supply by way of the Federal Reserve which is not Federal and has doubtful reserves? I can't stand it when I hear a news report state, "Alan Greenspan believes it may be time to raise interest rates soon." Well, who the heck is Alan Greenspan to raise and lower interest rates? Supply and demand is a great concept. Interest rates should be subject to that concept.
Government should not be able to tell an employer how much he has to pay an employee. Higher wages result in lower working capital and less production thereby reducing employers' need for employees and actually contributes to the unemployment problem. Employees' wages should be determined solely by supply and demand as well.
Ronald Reagan put it this way, "Government is not the solution to our problem. Government is the problem."
If he wants to hire all 22 to 28-year-old white males, that should be his prerogative. If he wants to hire all blacks and no whites, all homosexuals and no heterosexuals, all Christians and no atheists, all women and no men, etc., that should be his decision because it's his business. The government should simply "mind their own business."
If an airline wants to screen every Arab-looking person that comes through their security screening lines, they should be able to. It's their business and their employees' and passenger's lives.
Businesses should be able to hire and fire who they want, when they want, for whatever reason they want, period.
Also, who does the government think they are manipulating the money supply by way of the Federal Reserve which is not Federal and has doubtful reserves? I can't stand it when I hear a news report state, "Alan Greenspan believes it may be time to raise interest rates soon." Well, who the heck is Alan Greenspan to raise and lower interest rates? Supply and demand is a great concept. Interest rates should be subject to that concept.
Government should not be able to tell an employer how much he has to pay an employee. Higher wages result in lower working capital and less production thereby reducing employers' need for employees and actually contributes to the unemployment problem. Employees' wages should be determined solely by supply and demand as well.
Ronald Reagan put it this way, "Government is not the solution to our problem. Government is the problem."
