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Harry Reid's Unicorn Problem

The opinions expressed by columnists are their own and do not necessarily represent the views of

If Americans listen to Senate Majority Leader, Harry Reid, and once thing is clear--he is a man who is extraordinarily ignorant of basic economics, how jobs are created, and he abhors the free market. Reid has just reminded Americans just how little he knows (and baneful Reid has become) when, on Monday, Reid announced on the floor of the Senate that “Millionaire job creators are like unicorns,”, “They’re impossible to find, and they don’t exist.”


How silly! How delusional! How dunderheaded! How absolutely wrong!

Thousands upon thousands of jobs have been created by business owners across the United States and, while not all entrepreneurs are so fortunate, many become the "millionaires" that Harry Reid says he can't find. Having a great idea, forming a small business, working hard and watching it grow are, sadly, not part of Senate Majority Leader Harry Reid’s knowledge base.

Reid simply doesn’t believe entrepreneurs exist. Worse yet, he goes out of his way to belittle and ridicule the very entrepreneurial spirit that has built America and made our nation so prosperous that he and his Democrat friends have ample opportunities to loot the wealth that others have created.

Reid's ignorance certainly explains why he and his fellow Democrats are so openly hostile to the business community and why they think only the government can create jobs. Yet, the real tragedy here is that Reid’s “unicorn” speech went largely unnoticed.

Small business owners create 3 out of every 4 jobs in this country. But, even after achieving success, the growth doesn't stop there. Business owners and entrepreneurs are responsible for helping others achieve business success through venture capital investing and Angel startup investing in thousands of small businesses across the country.


Ted Leonsis is a good example of a unicorn, a man who first worked and made millions (with AOL) then, re-invested those funds in new businesses (such as the Washington Wizards and Washington Capitals sports franchises), then re-invested the fruits of those successes in countless small business technology startups, such as Groupon, Zipcar and Living Social. He created thousands of jobs in the process. Nor is Leonsis alone, for there are thousands of other unicorns just like him.

America is blessed with a vast network of , most of whom are wealthy people that are willing to provide an entrepreneur, the capital needed to help launch a business, build a product or service, and get it to market. Over 60,000 new businesses are launched each year in this way, creating millions of jobs in the process and serving as the engine to the American economy.

So why doesn't Harry Reid know this?

Why doesn't Harry Reid understand that what we are talking about is nothing other than the American dream?

It's a dream that has drawn countless millions to this country for centuries and is the reason why countless millions more desperately want to come to this country. It's a dream that with hard work, some tough days, weeks, months, maybe even years, with ingenuity and persistence, any good idea can become a business success.


True, this dream is not for everyone. Not everyone is willing to take risks. Not everyone is willing to sacrifice their time, their treasure, their youth to fulfilling the dream. Not everyone is willing to work fourteen hour days, seven days a week. Because, sometimes, that's what the dream takes. Nor is success guaranteed. And, there are many who try and fail. That's okay too, because the American Dream is simply the opportunity to try for the brass ring. No handouts. No guarantees. But still, Harry Reid thinks the American Dream is a myth.

So what does that tell you?

Yes, Harry Reid seems jaded and is willfully blind to the facts concerning small businesses, entrepreneurs and job creation. Reid is clearly ignorant of all the hundred of thousands of man hours that innovators and business owners have spent growing businesses that create the $14.5 trillion dollars of Gross Domestic Product (GDP) for this country annually. And, it is the fruits of these "mythical" businesses that he, President Obama and others routinely shakedown for donations, and threaten, by passing arcane legislation, often in the middle of the night without much thought or debate, to make the job creator’s task even more difficult.

So what does that tell you?


First, that Americans should be concerned that someone so colossally ignorant and dangerous could rise so high in the Senate. Second, Reid's ridiculously obtuse statement shows that he is far more closely aligned with President Obama, and Democrat Marxist meanderings, because Obama doesn't believe in the American Dream either, and ridicules those who do.

Harry Reid believes that only government can create jobs and spur the economy. I know that he is wrong. And "yes, Virginia", you can thank your lucky stars that there are most certainly unicorns in America.

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