You might think this is a joke, and it sounds outrageous, but imagine how poor Bill Looman feels: It’s his company and his policy. Looman began posting signs on his trucks and properties roughly six months ago, but now it’s gone viral. Looman explained that it’s not that he’s actively choosing to refuse to hire but that he says it’s not possible to hire under the economic condition the Obama administration’s policies. In short, this isn’t the course he would have chosen, but it’s simply not economically feasible to hire. I’m certain thousands of other businesses share his sentiment, and the employment numbers reflect this reality.
The same philosophy that brought us the disaster of Obamanomics has put forth the notion that businesses ought to hire as a matter of some form of charity. What such wizards don’t quite grasp is that this is what has gotten us into the trouble in the first place. The housing market collapse was largely due to giving people loans and mortgages for which there was little chance they would repay based on credit history, as an act of charity.
This sort of policy-making is an attempt to short-circuit the free market, but it never works. Those who argue Looman should hire even though it would be an economic detriment to his company simply haven’t grasped the fact that if companies implement that policy, it will destroy more companies, and once they’re destroyed, their current employees will be joining the proposed new employees in the unemployment line. Hiring people for the sake of hiring them won’t fix the economy, either, because growth is fueled in part by increases in productivity which doesn’t improve with idle workers hired for the sake of “giving somebody a job.”
Companies aren’t charities. They exist to make money, and create wealth, and when they are able to do so, jobs are created not as the cause of the company’s prosperity, but as an effect of its growth. This is the fact Looman’s signs are intended to convey: You can’t hire workers when you have no work for them to do. That seems obvious to those of us who confront reality daily, but those in the Obama administration who continue to push radical, job-killing policies simply don’t understand economics or free markets, or worse don’t hold prosperity of the American economy as the goal for which they’re working.
11Alive, an NBC affiliate, sent a reporter to Waco, GA, to speak to employer Bill Looman. Looman, a Marine Corps veteran explained “Can’t afford it,” Tuesday evening. “I’ve got people that I want to hire now, but I just can’t afford it. And I don’t foresee that I’ll be able to afford it unless some things change in D.C.”
He went on to say: “I just spent 10 years in the Marine Corps protecting the rights of people… the First Amendment, and the Second Amendment and the [rest of the] Bill of Rights,” he said. “Lord knows they’re calling me at 2 in the morning, all night long, and voicing their opinion. And I respect their right to do that. I’m getting a reaction, a lot of it’s negative, now. But a lot of people are waking up.”
Looman is now being harassed by some who are unhappy with his signs, but he seems undeterred. See a video at 11Alive Here.