...the
economy is an invertebrate. I know, I know, small business owners are
the scrappy folks who keep it all going. And most of my clients are
small businesses. And I'm a small business. But....
Too many small businesses have no clue how things work (as I've noted several times, such as here and here).
And they also tend to be clueless on just how badly the deck is stacked
against them (such as our glorious, bad check statute, which I
discussed here). But I am now witnessing Transatlantic delusion.
First, the UK is in the throes of Brexit. A recent study
of small businesses indicates that a plurality exporters and a majority
of importers believe Brexit will have no effect on them. Wow. Just
wow. Pulling out of a free trade zone and putting a large hole in your
financial industry isn't going to leave a dent. That isn't optimism,
that's insanity. Meanwhile on this side of the pond, small businesses
are expecting
Trump to stabilize things for them. Yeah. Uh, no. Trump is stirring
the pot into a hurricane, and he's doing it for the greater glory of the
big boys. That includes ACA repeal, which frankly was a big win for
small businesses. If that goes, good look offering your employees a
benefit package of any kind, let alone one that can match the bigs. And
if you can't attract talent, where are you? Going dark, that's where.
So keep ignoring reality, small business owners. It is
sort of a requirement for club membership. Just don't be shocked and
whiny if reality doesn't ignore you and bites you in the backside.
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