The War on Small Business

How the Government Used the Pandemic to Crush the Backbone of America

Carol Roth

• Editore: Broadside e-books
• Anno: 2021
• ISBN:
  9780063081420
• Argomento: Volkswirtschaftslehre
• Categoria: Volkswirtschaft

For years, government bureaucrats have been looking for ways to destroy small businesses. With coronavirus, they finally had their chance.

In 2020, the American economy suffered the biggest financial collapse in history. But while Main Street suffered like never before, the stock market continued to reach new highs. How could this be? The answer is that government had slapped oppressive restrictions on small businesses while propping up Wall Street and engineering a historic consolidation of power and wealth.

This isn't a new problem. During the last financial crisis, Washington bailed out large banks, saying they were "too big to fail." When the federal government finally pushed out the CARES Act in 2020, it clearly favored the wealthy and well-connected, showing that small businesses were too small to matter. People across the political spectrum constantly complain about the tyranny of big business, and they're not wrong. However, too many think government is the solution. In reality, government is the problem.

In The War on Small Business, entrepreneur Carol Roth unveils the many abuses of power inflicted on small businesses during the COVID-19 pandemic. Small business owners were thrown in jail for trying to make a living. Individual rights were discarded. Big government did what it does best—intentionally protect the rich and powerful.

This is the most underreported story coming out of the pandemic. The government chose winners and losers, who would thrive and who would fight to survive, based on not data or science, but based on clout and connections. This enabled the government, with the aid of the Federal Reserve, to oversee the largest wealth transfer in history from Main Street to Wall Street. The issues started long ago and continue today with a highly tilted playing field that favors those "in the club" to the detriment of the average Americans.

This book is about the Davids vs. the Goliaths and the decentralization that can help the small, independent businesses and individuals participate in wealth creation.

If Americans don't wake up and stop it, politicians will continue to produce policies that intensify their war on small business and individuals and all that stands in the way of centralized power and control.

Indice dei contenuti

• Cover
• Title Page
• Dedication
• Contents
• Introduction
• Chapter 1: The Government Black Swan: An Unpredictable, Unprecedented Pandemic Reaction
• Chapter 2: Hindsight Is 2020: How Overreliance on Government Led to History-Making Mistakes
• Chapter 3: Fifteen Days to Slow the Spread: Exploring Government Choosing Winners and Losers via the Myth of “Non-Essential” Businesses
• Chapter 4: Breaking America’s Backbone: More Than a Trillion Dollars for Cronies, COVID Crumbs for At-Risk Small Businesses
• Chapter 5: Selling Out Main Street to Wall Street: The Federal Reserve’s Decades-Long Role in Helping Government Transfer More Wealth to the Wealthiest
• Chapter 6: Social Justice and Social Costs: How Small Businesses Bore Significant Costs Due to Government’s Economic and Civil Injustice
• Chapter 7: A Couple Hundred Days’ Worth of “Fifteen Days to Slow the Spread”: A Rapid and Historic Consolidation of Power and Wealth
• Chapter 8: Protecting the Smallest Minority: How Individual Rights and Capitalism Set the Foundation for Economic Freedom
• Chapter 9: America’s Worst Trade Deal: Why Central Planning Is Doomed to Fail
• Chapter 10: Losing the Branding on Capitalism: How a War of Words Led to Weakened Individual Rights and Centralized Power
• Chapter 11: Trading Capitalism for Cronyism: Why the “Game Being Rigged” Is Coming from Government, Not Capitalism
• Chapter 12: Trading Places: China’s and the United States’ Respective Shifts to and from Capitalism
• Chapter 13: Decentralization Versus Centralization: How to Prevent Further Central Planning Attacks on Small Business
• Epilogue
• Acknowledgments
• Notes
• Index
• About the Author
• Also by Carol Roth
• Copyright
• About the Publisher