From the article: “Newly elected socialist council member Kshama Sawant argued at one public hearing that, “In order to be a franchisee, you have to be very, very wealthy. But Kathy Lyons is a franchisee who says she’s not close to being rich. She took out a small business loan of $235,000 using her home mortgage as collateral to launch a BrightStar franchise. She invested her life savings of $200,000 into the home health care company and is now afraid she could lose it all.”
To your point, these idiot socialists have no clue how basic economics works, and should NEVER be elected to public office.
Most of the folks in Washington have never run a business or had to make payroll and since most Gov. run programs are non-profit there is no incentive to learn.
As long as we have representitives who have zero comprehension about managing a budget or taking responsibility for failure we are doomed.
sigh.