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How many small manufacturers make a large percentage of their income by having a lock-in on repairs to their proprietary hardware? I'm having a hard time under

by sverige 10y ago

How many small manufacturers make a large percentage of their income by having a lock-in on repairs to their proprietary hardware? I'm having a hard time understanding who these little companies are that you're worried will be harmed by this law.

dmix 10y ago
If only it was just this one law. 81 major regulations were added each year on average under the Obama administrations 8 years. Major was defined as costing over $100 million each. The federal register recording legislation has exploded to 75,000 pages from 20,000 a few decades ago. There are plenty of statistics which show the level of downward pressure regulation puts on small business. This isnt just mega corps wanting to dump chemicals in rivers. It's death by a thousand cuts to reach some ideal perfect consumer marketplace through extensive administrative oversight. Meanwhile the number of people are starting small businesses has declined significantly and GDP growth has totally stagnated. It's not a mistake that small business optimism index reached the highest point in decades (since 1980) after Trump announced major regulatory reform.
- stonogo 10y ago
  None of the things you're talking about appear to have any documented connections to any of the other things.
  - dmix 10y ago
    > Recently, the National Small Business Association released a survey, the 2017 Small Business Regulations Survey, which showed that the average small-business owner is spending at least $12,000 every year dealing with regulations. > When asked to estimate their businesses’ first-year regulatory costs, the average fee was a whopping $83,019! Nearly one-third of small-business owners spend more than 80 hours each year complying with federal regulations. > This burden is becoming a barrier to entrepreneurship and a likely driver in the lagging start-up rates we’ve seen in recent years. > More than half of small businesses have held off on hiring a new employee due to regulatory burdens. http://thehill.com/blogs/pundits-blog/economy-budget/317308-trumps-regulatory-rollback-a-relief-to-small-business http://thehill.com/blogs/pundits-blog/economy-budget/317308-... All of these are connected: - the business environment (taxation, regulatory burden, availability of capital) influence the number of people starting businesses - small businesses already struggle with regulations, especially anyone doing hardware consumer electronics products - plenty of new major regulations were getting added each year - the federal register tracks regulations, which is growing in size very fast - therefore the effect of this new forced repairs regulation would only add to the burden on small electronics companies, making it hard to start them up and compete with the big firms - small business optimism has been connected to anticipation of the regulatory environment. Regulations must always be factored into to future business planning, it creates a lot of risk to know new ones get added all the time. Not every industry is effected but a big chunk of them do and likely influence the optimism index.

by sverige 10y ago

dmix 10y ago

If only it was just this one law. 81 major regulations were added each year on average under the Obama administrations 8 years. Major was defined as costing over $100 million each. The federal register recording legislation has exploded to 75,000 pages from 20,000 a few decades ago. There are plenty of statistics which show the level of downward pressure regulation puts on small business. This isnt just mega corps wanting to dump chemicals in rivers. It's death by a thousand cuts to reach some ideal perfect consumer marketplace through extensive administrative oversight. Meanwhile the number of people are starting small businesses has declined significantly and GDP growth has totally stagnated. It's not a mistake that small business optimism index reached the highest point in decades (since 1980) after Trump announced major regulatory reform.

stonogo 10y ago
None of the things you're talking about appear to have any documented connections to any of the other things.
- dmix 10y ago
  > Recently, the National Small Business Association released a survey, the 2017 Small Business Regulations Survey, which showed that the average small-business owner is spending at least $12,000 every year dealing with regulations. > When asked to estimate their businesses’ first-year regulatory costs, the average fee was a whopping $83,019! Nearly one-third of small-business owners spend more than 80 hours each year complying with federal regulations. > This burden is becoming a barrier to entrepreneurship and a likely driver in the lagging start-up rates we’ve seen in recent years. > More than half of small businesses have held off on hiring a new employee due to regulatory burdens. http://thehill.com/blogs/pundits-blog/economy-budget/317308-trumps-regulatory-rollback-a-relief-to-small-business http://thehill.com/blogs/pundits-blog/economy-budget/317308-... All of these are connected: - the business environment (taxation, regulatory burden, availability of capital) influence the number of people starting businesses - small businesses already struggle with regulations, especially anyone doing hardware consumer electronics products - plenty of new major regulations were getting added each year - the federal register tracks regulations, which is growing in size very fast - therefore the effect of this new forced repairs regulation would only add to the burden on small electronics companies, making it hard to start them up and compete with the big firms - small business optimism has been connected to anticipation of the regulatory environment. Regulations must always be factored into to future business planning, it creates a lot of risk to know new ones get added all the time. Not every industry is effected but a big chunk of them do and likely influence the optimism index.