Wednesday, November 12, 2025

Business

There are 183 million Americans working and 22.7 million work for the federal, state and local governments which represents 14% of the population. This percentage has not changed much over the years. Small businesses create over half of all new jobs and this is where economic growth can best be seen. Lower tax rates and tax incentives along with fewer regulations promote new and existing business. In general, less government encourages new business while more government discourages. Government responsibility is to prevent fraud and protect public safety especially regarding large corporations. In the free market system, individual entrepreneurs like Bill Gates, Elon Musk, Jeff Bezos and Steve Jobs, grow into big companies and create new industries and millions of jobs. When government agencies like the EPA are left unchecked, they tend to create regulations that make it difficult for business. The federal government is helping grow the economy by maximizing energy production, lowering regulations, fairer tariffs and bringing manufacturing jobs back home. Voters should be encouraged to elect leaders who know how to use government to create new business.

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