Despite the progress we've made, many businesses are still skittish about hiring. Some are still digging themselves out of the losses they incurred over the past year. Many have figured out how to squeeze more productivity out of fewer workers. And that cost-cutting has become embedded in their operations and in their culture. That may result in good profits, but it's not translating into hiring and so that's the question that we have to ask ourselves today: How do we get businesses to start hiring again?
For those who do not yet know how to interpret this President, let me translate:
Many businesses have lost money over the last year. And now, they're so concerned with making a profit that they're taking advantage of their poor, oppressed employees by squeezing more productivity and/or hours out of them. They're mercilessly cutting costs and benefits to increase their profits. So, how can we get businesses to realize that they exist to hire and serve their employees? Without banning or capping their profits, how can we get small businesses to sacrifice their profits for the good of the oppressed (and the Country)?
Since the real enemy of the state is Small Business (and the profits held by the Private Sector in general), it's no wonder the Senate Health Care bill (in its current form) intentionally increases insurance premiums for the self-employed and the small business owner. Only by increasing the risk of taking an entrepreneurial venture can America truly eliminate the entrepreneurial spirit that has helped make this country great. And only by eliminating the evil profits from the private sector can we create the conditions for economic growth. And only by sacrificing the good of the one can we secure the good of the many.
This is the world, according to Obama. Personally, I subscribe to the view of Adam Smith: (my paraphrase): FWhen individuals were free to pursue their own self-interest, the good of the many is the natural result.