Zebeta FOR SALE

Written on November 2nd, 2008 by Judd

Zebeta FOR SALE, Barack Obama has presented a clear plan for his presidency as it applies to business, small and large:


  1. Raise taxes on those making over $250,000 (or $200,000, or $150,00, or $120,000, or whatever the latest number happens to be) -- this will cripple some businesses from even doing business, others from keeping their workforce in tact, let alone creating new growth and jobs, and also raise prices on the services and goods they provide for the consumer (they have to make it back somewhere).

  2. Mandate health care or impose fines -- health care is one of the largest costs to businesses these days, and often times the businesses are having to pass along a large portion of the cost to the worker.  Mandatory coverage from businesses will, first of all, require a certain kind of health care (the health care of Obama's choosing).  Second, it will make it very tough for businesses on the verge of hiring new employees to afford them as the health care they are required to give them will be the deal-breaker.

  3. More regulations -- more regulations means more expense for business.  This is just the same as raising taxes on business, and that means under Obama, business would get the triple-whammy in terms of making it more difficult for growth and hiring new employees.

  4. Higher prices -- I touched on this in bullet one, but higher prices is also bad for business, and clearly with the first three of these points the prices can only follow.  Higher prices are bad for the consumer, and they lead to less production of goods and a smaller economy (as we are witnessing with the .3% decline in our GDP).


This is a short and fast list of four undeniable reasons for why Obama is bad for business.  One can also see how this will affect middle-class America.  When business struggles, so do Americans.  We need to encourage growth in our economy again, not socialist wealth-sharing that will bring complacency.  We are the greatest nation in the world, and we need to continue to act like it.

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