Video: Would-be entrepreneurs face an uphill climb
posted at 4:15 pm on February 2, 2012 by Tina Korbe
That companies ever ask the government for help to create demand for their product might itself be the best indicator that the regulatory state has grown too large. At a time when little incentive to take risks exists because regulators stand ready to punish every attempt at entrepreneurship, it must be especially tempting for business leaders to ask the government for a guarantee of success through subsidies. If we want businesses to stop seeking favors from the government, then we’ve got to reduce the favors government is able to grant — both before and after the creation of a company. That necessarily involves a reduction in the regulatory state.
This new video from Sen. Jim DeMint’s office vividly portrays the burden any would-be entrepreneur and employer has to bear — and reminds viewers that we should be pushing for fewer regulations on the front end of job creation rather than more subsidies on the back end.