I was sitting at home Saturday night and Stossel was on Fox Business Channel. I watched. What a shock! A libertarian watched Stossel!
However, I witnessed something I never would have thought I would see, and that was honesty from a pro-regulation lobbyist.
The segment in question was about a proposal which would require taxis in Washington D.C. to have a medallion system like New York. For the record, per Stossel’s segment, a NYC medallion costs around $1 million per pop. A lobbyist in favor of medallions in D.C. said on Stossel’s show that it was in fact about squeezing out the little guy.
Many of us who are anti-regulation cite how more regulations make it more difficult for the small operator to function. As a small business owner myself, I can tell you that more and more government regulations only make life more difficult. I am currently seeking two full time employees, but only because of a profound need. I would seek out four or five employees if it weren’t for the spectre of ObamaCare - to say nothing of other regulations out there - that could make my life even more difficult and thereby override the benefit of more employees.
The lobbyist’s candor, that the measure he proposed and that a D.C. councilman actually introduced was really about squeezing out the small businessman was unique. However, it’s not really a shock for many of the pro-liberty movement. It was a shock for me though.
While I will often cite the problems of regulations and how they impact the small businessman, I never really thought there was as much of a concerted effort to break the small businessman as there apparently is. Oh sure, I figured Walmart supported an employer mandate because it would hurt Target, but I didn’t really think they gave a damn about the mom and pop store.
Now, I have to step back and rethink that.