Getting America Back To Work
We are just now starting to come out from one of the worst recessions in America’s history, yet instead of pursuing free-market solutions that allow the citizens of America prosper, the federal government has decided to go down the road of more and more regulations on the small businesses across our country.
The market is still extremely delicate right now and the last thing that small businesses want to hear is about a new regulation that provides them with even more uncertainty. This is exactly what Obamacare is; it is a giant jobs killer that makes businesses very uncertain about the marketplace and leaves them too scared to hire anyone.
You see this is exactly what regulations from the government do: they stifle business. Obviously some rules are needed to make sure no one cheats, but heaping more and more regulations on small mom and pop shops across the country is not helping anyone.
One such industry that is shackled with regulations is the truck driving industry. In America, driving a truck isn’t exactly easy. First you need to go to an inexpensive truck driving school in order to obtain the proper license just to operate the truck that you’re going to drive. On top of this, there are rules to how far you can drive in a single day, how many miles you can log, how much you can haul, how heavy your truck can be, how long it can be, how you are able to get reimbursed, etc., etc.
Assuming the you can pass the truck driving test and get your license “A-okay,” you’ll still need to get it renewed every year in order to keep your job. And now thanks to Obamacare, you’re forced to purchase health insurance for yourself. Many truck drivers act as contractors and therefore will choose to opt out of purchasing health care if they’re young or especially healthy. Not anymore. With Obamacare, you will go to jail if you don’t purchase health care for yourself.
The “recovery” that we are seeing today is very different from the recovery that we saw during the 1980s recession. Ronald Reagan also inherited a recession from Jimmy Carter. There was double-digit unemployment, double-digit inflation, and gas prices were at an all-time high at the time. We were in the middle of an ongoing hostage crisis in the Middle East and the Cold War was still across Europe. Rather than embrace more government, President Reagan turned to the market and the citizens on the United States. He cut taxes for individuals and small businesses. In just a few short years the economy was booming and our country saw the longest period of economic expansion in its history. Today we are officially 5 years out of the recession and yet we are still barely crawling along. What’s wrong? Well, for starters we should try giving the people a little bit more freedom.
If we give the citizens the freedom to start their own businesses and the liberty to become long-distance truck drivers by not overbearing them with costly regulations, everyone will be made better off, the rich, the poor, and the middle class.