Providing value

Tom Krannawitter has

looked at a number of comments as various folks have shared the link below about Sports Authority shutting its doors. Here's what I find curious:
Many people seem quick to suggest that Sports Authority investors, shareholders, and board members, who risked much and have deep interests in the success and profitability of Sports Authority, were inclined to make very bad business decisions that led to the demise of Sports Authority.

Those same people seem to think that government meddling in the business of Sports Authority -- dictating by unconstitutional authority and bureaucratic fiat the price for labor that Sports Authority would pay -- could not possibly have any adverse affects on the profitability of Sports Authority.

I also notice that some who condemn government lobbyists as a problem, are quick to lobby government for increases in the minimum wage.

Seems the human mind is capable of holding all kinds of irreconcilable thoughts simultaneously. But that doesn't make those thoughts true.

What I do know is that running a business is hard. Very hard. Countless variables change all the time. A good week, good month, good year, can be followed by a terrible one. So much uncertainty in running a business. So much risk. So much chance. So much competition. So much pressure.

And then government comes along and says: "We are going to increase your operating expenses by force of law." That can make things only more difficult.

We know what increases in the legal minimum wage means: Those with the least skills and education and experience can't get jobs. We get it. How about if we focus instead, for awhile, on what the creation of new wealth means, how wealth is created, and how one's interests are served by working to provide value for others? What harm can it do to contemplate helping one's self not by lobbying government, but by helping others?