Basic economic understanding tells us that U.S. Cranes, L.L.C. exists for the purpose of providing valuable products and services to its customers, and in the process of delivering those valuable products and services, to produce a profit for its owners. As such, “hiring” is a function of “supply and demand:” as demand for U.S. Cranes’ products and services grows, the company will eventually need to hire additional workers as a means of supplying what their customers need.
This is both a very basic, but also a very essential understanding of how our economy works, yet basic and essential economic understanding is in short supply right now. Americans all across our country – and even in the White House – falsely assume that businesses exist first and foremost to “create jobs” and that “not hiring” is evidence of greed and wickedness.
But let’s assume for a moment that Bill the crane shop owner is wrong, and that he has no legitimate concerns about the economy or his ability to hire workers. Is Bill free to express his views of such things, even if they are inaccurate?
For far too many Americans, the answer to this question is a decisive “no.” For them, Bill’s “right to free speech” (and yours and mine as well) ends, where Barack Obama’s agenda begins. The President has told small businesses to hire, so they should hire; the President has said that conditions are right for hiring, and one ought not to disagree with him.
What the President and his antagonistic supporters seemingly fail to understand is that the more belligerent they become with business owners, the less productive those businesses become. As Steve Wynn, C.E.O. of the publicly traded Wynn Resorts, Ltd noted last summer on a conference call with his investors, “… This administration is the greatest wet blanket to business, and progress and job creation in my lifetime…my customers… are frightened of this administration… Everybody complains about how much money is on the side in America…those of us who have business opportunities and the capital to do it are going to sit in fear of the President. And a lot of people don’t want to say that. They’ll say, God, don’t be attacking Obama. Well, this is Obama’s deal and it’s Obama that’s responsible for this fear in America…”
Americans have a big decision to make in the year ahead. Will we give President Obama another four years to have his way with us? Or will we affirm the right of each individual in our country to find their own way – even Bill the crane shop owner?
Austin Hill is an Author, Consultant, and Host of "Austin Hill's Big World of Small Business," a syndicated talk show about small business ownership and entrepreneurship. He is Co-Author of the new release "The Virtues Of Capitalism: A Moral Case For Free Markets." , Author of "White House Confidential: The Little Book Of Weird Presidential History," and a frequent guest host for Washington, DC's 105.9 WMAL Talk Radio.