To the Editor:
At 85 years old I have been a loyal supporter of the Republican Party for many years. As of now, I feel my party has joined the Democrats in supporting anti-small business (maybe not knowingly).
They have backed legislation with all kinds of rules and regulations that hold back many young people from starting their own business. Generally today, new businesses are of the “retail” kind.
Insurance, rules, regulations are less restrictive. This makes it easier for start-ups, but it is the kind of business that pays employees less money.
A few years back, many new small businesses were of the manufacturing, machine shops, auto repair and other service industries, which paid higher wages. Insurance, rules, regulations, law suites, etc., make it harder for people to start a higher-wage job business. Some businesses are even required to hire according to race or gender, not qualifications.
It seems some of our politicians only work for insurance companies, banks, lawyers and the Big Boys. I wonder why?
I don’t know the answer to our problems, but have heard that it is cheaper for insurance companies to settle out of court in most cases (even without liability) because it is cheaper to settle than win in court. On TV it appears to have more ads to sue someone than apply for a job.
In England, I have been told; if you lose in a suit you have to pay the defendants expense.
Unless some politicians can convince me they are for reduction of these rules and regulations, please do not ask for my vote, money or support.