Incestuous Embrace
Jon Stossel quite rightly points out that big government and big business aren't -- as the left commonly assumes -- adversaries, but allies.
When I handled small business issues for Senator Bond (who was a member of the Senate Small Business Committee) over a decade ago, the truth of that insight became painfully clear. In fact, when big business wants to stifle its competition, it goes to the only place that can really put someone out of business once and for all . . . the government. That's because big businesses have the size and capacity to absorb the expenses and added layers of paperwork and bureaucracy that government regulation adds. Small businesses don't.
When I handled small business issues for Senator Bond (who was a member of the Senate Small Business Committee) over a decade ago, the truth of that insight became painfully clear. In fact, when big business wants to stifle its competition, it goes to the only place that can really put someone out of business once and for all . . . the government. That's because big businesses have the size and capacity to absorb the expenses and added layers of paperwork and bureaucracy that government regulation adds. Small businesses don't.
posted by LadybugUSA at 12:09 PM
1 Comments:
Editor, I disagree.
President Coolidge said "The business of America is business". As a follower of modern economic thought, the President realizes that strong companies pour money into the economy and all of our pockets.
The Energy Corporations are simply that Corporations. Check your 401K, I'll bet you get a piece of the action.
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