Wednesday, March 6, 2019

The Loss of the Small Business

This happened in my Father's time, and I credit it with the enormous stress he (and all small businessmen) went through.

Most of them died at an early age. And most of them owned small businesses (including family farms).

The Tripp family were a typical example. The Father inherited a farm, right after WWII. and he used this to make himself rich, in the booming economy that followed.

He had sons, but they did not do so well at farming - and had to find jobs instead. And they became harder to find, as small businesses became scarcer.

Americans were forced to ask themselves "What happened to America?"

They did not answer this, by noting that multinational companies were taking over, in the process of Globalization.

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