So now the 1% gets revenge by laying off people.

[nessa]

33. I own a small business, a very small business...

When we were at our largest, we had about 20 employees. Now I am the only employee. It is a software development company. I make more money now than I did when we had 20 employees. I have fewer clients, much less work for myself. I don't have to manage people. My company shrinking had nothing to do with politics, it happened over the last 10 years. It had to do with our family's personal situation.

If an owner decides that it's just not worth it to try and grow a company further they certainly can shrink it, lay off employees and not hurt themselves personally. The decision of whether it is worth it or not is certainly influenced by the cost of each employee and the cost of doing business in general.