June 25th, 2018

Consumers pay wages

By Letter to the Editor on September 5, 2017.

Henry Ford’s timeworn adage that businesses don’t pay wages, but rather consumers do, has been all but forgotten.

One must expand the idea to include all costs associated with running a business. Labour, material inputs or goods to sell, mortgages or rent, insurance, utilities, taxes, a seemingly endless list. Every cost is counted in the sales price to the consumer who, in the end, pays the freight. If the price is bigger than the cost, there is profit and survival, if not, bankruptcy.

This is especially true for the majority of small businesses that live at the margin and are particularly vulnerable to even small cost increases. Governments have little concept of how private enterprise works, looking upon business as sheep that must be fleeced. More fees, more red tape, more regulations, more taxes. A convenient source of income to waste. Never a thought that you and I actually pay, not business.

Government and private enterprise should not be in an antagonistic relationship. The common goal should be economic growth, opportunity, and a culture of possibility for our children and grandchildren. Entrepreneurship is the future, forever jobs are the past.

Immanuel Moritz

Medicine Hat

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One Response to “Consumers pay wages”

  1. Fedup Conservative says:

    And just think about how badly the small businesses in Alberta had been fleeced by the Klein, Stelmach, and Redford governments while they helped the large corporations fill their pockets with our money. A friend lost his 75 year old family business because of deregulation. His power bills increased by $82,000. per year. Another business indicated that their’s increased by $127,000. per year and as a former MLA from the Lougheed government said to me in 2003 :” Deregulation of electricity was the dirtiest trick Klein could have played on the Alberta people it will cost us billions and people will lose their jobs because of it”. That’s exactly what has happen , the last figure I recall was several years ago when a former power company executive stated that it had cost Albertans an extra $40 billion.

    If the Klein and Stelmach governments hadn’t slashed our royalties and taxes to benefit their rich friends, and dumped deregulation upon us to make up for their lost revenues, and had continued to fund our municipalities , like Lougheed did our taxes could have remained at a reasonable level, and we wouldn’t have had anything to worry about.

    But what would I know i spent 32 years in the world of finance, and have no intention of ignoring what these so-called conservative governments did to this province and the people in it. There was nothing conservative about them. .

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