In business, much like in most other fields, the person taking risk and branching out to start a new company or hire additional workers looks at his/her books to ensure their finances are in order, but then oftentimes makes a gut decision about how they feel about the likely success of the venture. This is what entrepreneurialism is all about: working hard, measuring success and seeking to prosper further. This cycle is repeated thousands of times every day in our nation as Americans make our economy grow one business at a time.
But the calculations made by these current and future employers largely depend on one variable: certainty. Will the rules of the game change? Are the forces in a particular state capital or Washington stacked against them? Can they have confidence bureaucrats and regulators won’t make it difficult to succeed, much less survive? These are the questions people ask themselves before risking their earnings and savings and that of their families to undertake an endeavor in the marketplace.
President Obama is a well-known basketball fan and it is only appropriate to draw a parallel with the game during March Madness. A point guard needs to know the power forward is going to be on the block before he makes the pass under the basket. His teammate doesn’t actually have to be there when the ball leaves his hands, but he does require the certainty that his fellow player will be there once the ball arrives. One might refer to that as confidence. Without it, that team is unlikely to win. It seems simple to understand and completely logical.
Why then does the Obama Administration continue to advance proposals through an agency stocked with unelected bureaucrats that hurt job creators and spread deep concern and uncertainty among the very employers we need to lift us out of possibly the slowest and most lethargic recovery in our nation’s history?
It simply boggles the mind. It makes zero sense. And it isn’t that the White House doesn’t know what it’s doing; instead, they have decided that they want their cake and eat it too.
First, they reward their friends in Big Labor with decisions by a so-called “independent” labor board that they have stocked with loyal partisans who could not be confirmed in the U.S. Senate; therefore, they simply recess appoint them even though no recess was actually taking place.