In speaking to the U.S. Chamber of Commerce yesterday, (bear in mind, these are the same people he accused of election shenanigans for their donations to Republican candidates during the midterm elections,) President Obama made the following Statement.
“Businesses have a responsibility, too, If we make America the best place to do business, businesses should make their mark in America. They should set up shop here, and hire our workers, and pay decent wages, and invest in the future of this nation.That’s their obligation.”
It staggers the imagination that a President of our nation could be so jaw dropping stupid. I realize that calling anyone out as stupid is hardly in my character, and that doing so to a President, current or past is also typically bad form, but this statement leaves me no choice. Since when is it a business’ obligation to make the employment numbers look good for the sake of politics, or to help the President push his social agenda? The U.S. Chamber of Commerce’s mission is to help the business community succeed in being profitable. They do not exist to help the reelection chances of first term Presidents. A business exists to produce a profit, and thereby a living for its shareholders. This statement right here, this one should disqualify Barak Obama from being elected county dog catcher in Illinois.
Now let’s talk about the first part of the statement. President Obama has not exactly done anything to make America the best place in the world to do business. The regulations he has imposed on American Businesses are overreaching and onerous to say the least. As a matter of fact, the overreach has become so egregious, a Federal Court in Louisiana has found the President to be in contempt, a Presidential first in our Nation. The Obama overreach is so egregious, the EPA now considers milk to be a hazardous material, incandescent light bulbs are illegal, and every insurance company that sells health insurance now fits the legal definition of financially distressed. In short, Barak Obama has waged a war on the Private Sector, and on the Small Business Person in particular.
Now, let’s have a brief discussion about whether the U.S. is in fact the best place to conduct business. As you can see from the link, we rank number 9 in the world currently. Maybe you feel that number 9 isn’t that bad. Here is the rub though, we used to be a hands down number 1 on that list. The other thing that I notice, is that we are no longer in the solidly green category. We have fallen to the mostly free category. I can’t help but notice something else about the economic freedom rankings. The freer a nation is, the greater the prosperity in that nation. The further down on this list a nation is, the greater their problems with poverty and every social issue the liberals claim to care about. Perhaps there is a correlation between economic freedom and a nation’s ability to maintain a quality standard of living for its citizens.
Then, there was this little gem as well.
“If we’re fighting to reform the tax code and increase exports, the benefits cannot just translate into greater profits and bonuses for those at the top. They have to be shared by American workers, who need to know that opening markets will lift their standard of living as well as your bottom line,”
I have often been ridiculed for noting that Barak Obama is a Socialist. There are a lot of people who flat out called me a racist, stating that Socialist was some sort of secret code word for Racist thoughts. I would just like to point out to the thought police, that the above statement is the very definition of Socialism. In our economic system, workers are free to not work for people they feel are not paying a decent wage, or a wage that is not worth the effort needed for a particular job. This is class envy being promoted by the President, and nothing more. For every business owner who succeeds, and becomes, “rich,” there is a back story. Entrepreneurs take risks when they go into business. They often work long and hard before they see a dime in return on their capital and or sweat. Further, there is no guarantee of success. It is not a business owners obligation to share their wealth with anybody once that return is realized. Wages are paid for work performed. Many smart business owners do have profit sharing plans and offer incentive related benefits, but they do so as means to serve business interests. It is not Barak Obama’s business to worry about how much money any American Citizen is earning. By tearing down another who is doing better than I am, how is Barak Obama helping me? The answer is he is not. I eat no better when someone else is punished. I would much rather allow that person who is doing well to hire a lot of people just like me, so that we may all share in the fruits of a successful enterprise. The wage negotiated between myself and the business owner is our own business, and should not be the concern of a government bureaucrat.
Crossposted at Musings of a Mad Conservative.
UPDATE: As luck would have it, today’s Investor’s Business Daily ran an editorial on this very subject. They mentioned something which I had forgotten completely, and that is the Obama Administration’s plan to promote law suits against employers by any one with any kind of a petty beef. Quite literally, if anyone in this country does not like some aspect of their employment, and they don’t find the desired outcome through normal channels, the White House will refer them to a contingency lawyer and is providing a toll free phone number for that service. I am speechless. Is this what he calls the most business friendly environment in the world?
Tags: Socialism
