Do any activists or progressives know how hard it is to actually start a small business?
Do they appreciate the regulations, taxes, and hurdles involved, let alone the difficulty of providing a product or a service the market values?
Today, we risk stopping the motor of the world by “laying off” entrepreneurs through big government actions that make it impossible for them to succeed. Minority entrepreneurs, who are always hit hardest by regulations, taxes, and inflation, would be the first to get pink slips. The potential consequences of following the big government agenda in terms of economic vitality, living standards, and racial economic inequality would be grave.
Keeping entrepreneurship pathways open through free markets and limited government, therefore, is the best way to achieve not only socialists’ but everyone’s racial equality aims. Where does the middle class truly not exist? The answer: in socialist countries, where there are just two groups—fabulously wealthy government apparatchiks, and the rest of the population, who are paupers. The United States, where nearly everyone has an iPhone and air conditioning and the opportunity to pursue entrepreneurship, is strikingly equal by comparison.
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