"When the economy gets tough it is always the small businesses that get things moving again, but let's not tie their hands behind their backs" stated one Free Market Economic Think Tank recently. Indeed, it would be hard to deny that our small business sector is the back bone of our economy. After all small businesses employ over 2/3 of our workforce.
Often corporations will lobby their legislators to put up barriers to entry to prevent up and coming smaller firms from expanding into their mainstay markets. But, this does a disservice to the competition which is the mainstay of free-enterprise and capitalism theories. The strongest, most agile, most competitive and best service really should be the winner in free-markets.
Essentially it is closing the gate when government puts up regulations that kill off their competitors and it's the small businesses that are hurt the worst. The easiest way to help the economy recover is to reduce regulations to small businesses that do not have the advantage of seemingly unlimited capital from banks or Wall Street.
Often, thru tricky financial maneuvering the larger corporations can weather the recessionary storms for the return of the upward trend in the business cycle. Consider if you will GM losing 15 Billion and still remaining in business? Of course, that is only one example, but you can understand the point of contention.
Closing the gate on small business in a recession through more regulation will only prolong the recovery, prevent job growth and cause more anguish for America. Please consider all this.
"Lance Winslow" - Online Blog Content Service. If you have innovative thoughts and unique perspectives, come think with Lance; http://www.WorldThinkTank.net/
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