Editorial: Don’t Diss Small Biz

Recently, syndicated columnist Ruth Marcus called a “myth” the important role of small business in acting as America’s engine of job growth. Investors Business Daily took a rare opportunity to disagree with an opinion running in its own pages, to conclude in a powerful editorial:

Yes, many small companies “crash and burn,” as Marcus puts it (though we fail to see how raising taxes on them makes that less the case). But those that do succeed turn out to be America’s real “engines of job creation.”

Creating the conditions that allow them to prosper should be the nation’s top domestic priority. Instead, this White House and Congress seem hell-bent on increasing their costs and weighing them down with all sorts of new mandates.

If they and their media accomplices think jobs can be created by helping only those who don’t create jobs, we’ll never get anywhere.