Thursday, March 12, 2009

Another One Bites the Dust

Another small business closes in Upstate New York. When will our government know-it-alls realize that when the economy tanks, small businesses are effected the most? You know, the businesses that account for over half of our national employment and the ones that will be hit the hardest with any news taxes, regulation and governmental anti-business actions. When small businesses start to fail or, in the case of New York State, don't even bother trying to start-up up, we all suffer.

http://www.cbs6albany.com/news/brothers_1261606___article.html/close_livonian.html

Seriously, I'm surprised that businesses like this hold on for as long as they do. Outside of California, I can't think of another state where people can't wait to get out. And, what is the NYS government's response? Try to suck more money out of these businesses, piling on more regulations and hoops to jump through. Hey, New York State has to find businesses that are efficient to pay for its inefficient business model. At some point, productivity will go elsewhere. The sad part about it is that I don't think they care about anything but their guaranteed jobs, pensions, vacations, early retirement perks and annual raises.

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