4 ms·
It's clear that this administration is very much against startups....with government takeover of many industries, healthscare bill designed to tax investments/b
by startuprules 17y ago
It's clear that this administration is very much against startups....with government takeover of many industries, healthscare bill designed to tax investments/burden small companies with large health premiums, and now this.
What can we do? Well, unless we remove the politicians that keep voting for these proposals, we will have no choice but to relocate to a friendlier country that doesn't try to kill startups at its infancy. In this day and age, anybody can launch a lean startup overseas.
- JamieEi 17y agoExactly which industries have been "taken over"?
- startuprules 17y agoAuto, Banking, Student lending, Home Mortgage, Healthcare.
- ghotli 17y agoI downvoted this because it's rather subjective as to what the definition of "taken over" is and you provided no evidence to support your broad claims.
- waterlesscloud 17y agoStudent lending isn't subjective, it's completely taken over.
- _pius 17y agoNot so much. The U.S. government has always assumed all of the risk on student lending and was essentially just giving free money to certain private lenders without getting anything in return. It's removing a layer of bureaucracy more than it's a government takeover. http://www.coffeehousetalks.com/2010/03/landmark-day-for-education-finance.html http://www.coffeehousetalks.com/2010/03/landmark-day-for-edu...
- waterlesscloud 17y agoThe government was getting plenty in return, an educated populace. That "bureaucracy" was a private industry. Now it's gone.
- hga 17y agoErrr ... is the formerly private bureaucracy going to be replaced by ATMs or the like? I'm not aware of any claims that this will result in a net loss in loan administration headcount.
- lenley 17y agoJust like the "online tax industry" is fighting to keep the IRS and state tax services from offering direct online tax filing. I'd likely still use tax-prep software, but I'd like the option to file directly to the irs without an intermediary trying to charge me for services. I guess that would be another "government takeover." :|
- hga 17y agoThat just shuffles who in the private sector gets the data to the IRS, although as long as they're successful they'll ensure the employment of more government workers to oversee the paper to digital capture system. I'm talking about the necessary people, wherever they are, who then have to process the paper work, deal with random out of band requests, dun people who don't pay up, etc. etc. That work has to be done somewhere (unless you prefer the model of Medicare with it's low, low overhead and insane level of bogus claims).
- waterlesscloud 17y agoBy that logic you could have any industry run by government employees and not call it a takeover. Government airline pilots. Government Facebook employees. No netloss of headcount has nothing to do with it being a takeover or not. It does in fact matter who the employees work for.
- 17y ago
- startuprules 17y agoThank you for your explanation. I would love to go into detail the 'taken over' part, but I believe rude awakenings are best when you discover them yourself.