Mr. President, how are you defining a small-business owner?

The president’s assertion of no capital gains tax on small-business investments is likely to instill hope in those seeking real change in the marketplace. However, many unanswered questions and concerns remain among a doubting public. Many small-business owners now question the president’s criteria for a small-business owner.

Clearly, depending on where your business is established, a small business can take on radical and more complex meaning. The definition of a small business changes from state to state. What’s President Obama’s definition? He has only gone so far as to stipulate that these businesses need to hire new employees or raise wages. One can only hope that these are the only prerequisites.

Any market capitalist should be fearful of policy that allocates funds only to a specific segment in the market. We should want these benefits to go to all small businesses, not just those that fit an Obama-defined specific profile. Though we must acknowledge that while the parameters are vague and left to the administration’s interpretation, it is still a step in the necessary direction.

The American people should also be incredulous of Washington’s usual smoke and mirrors, which can be deceptively painful to interpret. This policy does nothing to repair a broken monetary system that has pumped trillions of recklessly printed dollars into the almighty American dollar reservoir. This would in turn spell more disaster and further contribute to untold inflation-inflicted damage that would make Hannibal Lecter look like the Easter Bunny.

So while President Obama has convinced the world that he is going in the right direction of pro-small-business policy, he, in all actuality, is doing little to correct the bigger threat at hand: inflation, and soon-to-be-crippling stagflation.

Knowing that the damage is severe and ongoing, are there Obama policies in place to alleviate the suffering of many Americans and halt the downward spiral of this economy? The deeper sadness is that this administration has squandered trillions of wasted dollars that this economy or the people will never see again. Can the American people ever be assured of recouping their investment in the foreseeable future?

Taking on the monetary policy of the nation will be far too much of a task for a president lacking in financial policy savvy and who is infected with a socialist financial ideology. Irrespective, Americans deserve politicians who will fight to honor that historical little piece of green paper that sustains their value in a much larger world.

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