How to Get Put Out of Business by Government Guarantees

Government management of the economy is clumsy at best, and it often backfires, harming those it is ostensibly helping.In many ways, my company, AeroThrust Corporation, should be a poster child for the government's efforts to revive the economy and the small businesses that create two-thirds of the jobs in America. It is one of the ironies of our time that my company is being put out of business precisely because of government programs such as bailouts and guarantees.Located in Miami and in business for over sixty years, AeroThrust Corporation maintains and overhauls jet engines for many airlines around the world and for the U.S. Government. Our highly skilled employees produce a sophisticated, high-tech product. Most of our customers are outside the United States, so we are exporters who help the nation's balance-of-payments deficit. At our peak, our diverse workforce numbered over three hundred people, many of whom are represented by the International Association of Machinists...(Read Full Article)

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