One More Time: Why Businesses Aren’t Hiring

Obama’s charm offensive directed at business is indeed, offensive.  Since getting trounced in November, he has seen fit to kiss and make up, but businesses aren’t buying it.  Perhaps, like me, businesspeople wonder how he acquired the unmitigated gall to advise businesses to start hiring and quit sitting on their cash.  Oh, and stop challenging regulations.

Business projects often take years to realize a return.  The amount of planning and investment required for even simple projects is vast and even the best-laid plans contain an element of risk.  Risk unknown to the public sector, one might add, which can recover its “investment” by confiscating money from its citizens or printing money.  Businesses are not doing what Obama wants because they know full well what he is and what he will do.

Obama is the scorpion in the story of the scorpion and the frog.  The scorpion asks the frog to carry him across the river.  Skeptical, the frog asks what guarantee he has of safety.  The scorpion answers, “Why would I sting you and drown us both?”  Halfway across, the scorpion indeed stings the frog.  When the frog cries, “Now you’ve killed us both!” the scorpion answers, “It is my nature.”

It is Obama’s nature to hate business.  He is of that strain that sees government as the seat of our civic soul.  Those who indulge in commerce are a menace, but a useful one.  They are to be carved up but not killed, antagonized but not annihilated, bled but not drained completely.  His wooing of the private sector at this stage of the game is disingenuous and disgusting.

There is no changing Obama.  He must be invited to leave.  We have the chance in 2012 to end decisively the corrupt and destructive lurch toward socialism that has characterized this administration.  Rand Paul, his father Ron, and other courageous souls who honestly believe in limited government must now be given the chance to beat back the monster of government before it is too late.

About Terry Noel

I am an Associate Professor of Management and Quantitative Methods at Illinois State University. My specialty is entrepreneurship.
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