×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Skip to main content
Tags: big business | big government

Big Business-Big Government Love Affair Hurts Small Businesses

small business banner in vintage letterpress wood type blocks with a cup of coffee
(Marek Uliasz/Dreamstime.com)

Jonathan Jakubowski By Wednesday, 10 November 2021 10:05 AM Current | Bio | Archive

Most of the economic problems we're facing (inflation, supply chains, etc.) are high class problems. — Jason Furman, former chairman of President Barack Obama's Council of Economic Advisers

School lunches are severely limited. Goods on store shelves are growing increasingly scarce. Inflation is raising its ugly head in every sector. Key raw materials are in short supply. Labor shortages are everywhere. Gas prices are skyrocketing.

Notwithstanding increasing nationwide pressure, horrific polling, and disastrous election results in recent statewide elections, the president and Democratic leadership in Congress remain committed to a radical tax and spend agenda. Biden's proposed budget adds up to a mind-numbing $69.2 trillion spend over the next 10 years.

Yet, the significance of these outrageous numbers is still less than the significance of the social reengineering policies which would make Hugo Chavez proud. As Jonathan Weisman of The New York Times highlights, the proposed cradle-to-grave policy proposals would effectively turn America into a welfare state, fundamentally reshaping the relationship between the state and its citizens.

To accomplish this radical proposal, the state becomes Big Brother with unprecedented power and access to its citizens' assets. As one example, the IRS would double in size, adding an army of 87,000 additional workers, large enough to outstrip the individual populations of 97% of American cities.

In addition to having the highest tax burden on businesses in the developed world, there are dozens of other provisions which would give the IRS unprecedented access and power to collect new taxes such as taxing unrealized income.

One would think that Corporate America would be the most vocal enemy of these Orwellian policies, but it is not. Times have changed.

Democrats no longer represent Main Street and Big Business doesn't represent Wall Street; rather, they fell in love in the Swamp and live together on K Street. This scandalous entanglement has led to the bankrolling of armies of lobbyists and attorneys who carve out special protections and create regulations which stifle their smaller competition.

These corporations unapologetically take direct political action, currying favors for the party in power and vice versa. As one example, this past April over 100 executives and corporate leaders of some of America's largest corporations coordinated a boycott of GOP election laws.

According to the author of "Woke Inc.," Vivek Ramaswamy, woke capitalism poisons democracy, politics poisons capitalism, and, in the end, we are left with neither.

These monumental shifts in special interests should signal a revolution in American politics which have the potential to awaken a new working-class coalition for the party in opposition. Yet, historically, simply holding the line while in the minority has never been enough to sustain such a coalition.

What makes today any different? Having experienced acute economic pain and sensing the growing power of the oligarchic elite, several recent examples indicate an unprecedented openness among non-traditional voters to GOP leadership which breaks the mold.

Florida Gov. Ron DeSantis is a counterfactual to the status quo. Armed with facts and always on the offensive, DeSantis had led with solutions on nearly every front, including the supply chain crisis.

His aggressive leadership and messaging have led to gains in Republican voter registration among Floridians who are increasingly embracing his agenda.

While more precinct analysis will be required on the Virginia gubernatorial election, Gov.-elect Glenn Youngkin seems to have made inroads into unexpected voter blocs. A heavy underdog at the launch of his campaign in a state that Joe Biden won by 10 points, Youngkin forged a diverse voting bloc when he made government overreach and parental rights in education the rallying cry of his campaign.

In South Texas the GOP continues to make inroads among Latino voters. In a special election for an open seat in the Texas State House, John Lujan, the Republican candidate, upset the Democratic candidate in a predominately Latino district which Biden had won by 14 points.

Lujan credited his success to the hardships caused by disastrous national leadership.

If these examples are any indication, a new coalition of voters is up for grabs in the 2022 elections. To find these voters, look no further than to the small businesses across America who are most damaged by the Big Business and Big Government agenda.

Small businesses make up 99.9% of all businesses and employ 47.1% of the American workforce. The engine of our economy is not looking for special treatment; it is, however,  asking for the elite to remove its finger from the scales.

When free market principles form the basis of an economy, the people win. When the oligarchic elite violate these principles, a just economy is replaced with one which operates through extortion and extraction, and the people lose.

Jonathan Jakubowski is the author of a newly-released book that has gained national attention, "Bellwether Blues, A Conservative Awakening of the Millennial Soul." More information about Jonathan may be found here. Read Jonathan Jakubowski's Reports — More Here.

© 2022 Newsmax. All rights reserved.


JonathanJakubowski
Democrats no longer represent Main Street and Big Business doesn't represent Wall Street; rather, they fell in love in the Swamp and live together on K Street.
big business, big government
820
2021-05-10
Wednesday, 10 November 2021 10:05 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved
Download the NewsmaxTV App
NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved