One small business owner says yes:
Most of the kind of people who start and run businesses are by definition trying to opt out of depending on anyone else — be it a large corporation or government — for their welfare. We take on tremendous risks and responsibilities. We do so expecting a better than average return. Since we require nothing from government, most of us deeply resent and resist being pestered by government.
For nearly 30 years, I have been one of these business people. It was an amazing journey and literally involved blood, sweat and tears. But now I am done. This election screams that we are going to see a deterioration of the risk-reward equation and the ability to be left alone. Apparently, any appreciation of our crucial place in the economy is lost on over 50% of the voters as well as those they elected.
So, like many business owners, I will “stay home” so to speak. Others more brave than I are opting to try and stay in business by cutting way back on purchases and payroll. They have already started.
Whether they head off to Galt’s Gulch, or just into retirement, the loss of guys like this would portend a serious problem, and a signal to those in Washington that the gravy train is coming to an end.
H/T: From On High
