Do Politicians Know Anything About Business
Well‚ I dont want to overgeneralize but most do not. In fact the trail that‚ more often than not‚ leads to “political success” is one filed with a track record of just working for the government – as a so called civil servant. The vast majority of politicians have no idea what it is like to build a business‚ risk their own savings and make sure their valued employees get paid every week. Sure‚ high level policians have staff but their staff is paid by the government‚ i.e.‚ the businesses and individuals paying taxes.
So one of the first major legislative steps for this mayor of one of the greatest finanical capitals (NYC) is to impose mandatory sick leave obligations on small business owners. Hey‚ I am not opposed to providing valuable employees with paid sick leave (never have been and in fact it has never been an issue in my business because we are a team) but I am opposed to the government meddling in business.
Politicians are always generous with other peoples money and worse they meddle in business that they have no clue about. All while making excuses for high unemployment.
Why do we wrongly believe that government has the answers as opposed to our fellow citizens? Well‚ guess the question really is Who is John Galt?