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True, but it is very hard to work for yourself these days. There is a reason why small business creation is at an all -time low [1][2]. Big corps (and their la
by jazzyk 9y ago
True, but it is very hard to work for yourself these days. There is a reason why small business creation is at an all -time low [1][2].
Big corps (and their lackeys in Congress) would like us to "give our lives to some companies", not our business.
Here is how they do it:
- make it hard for companies to hire consultants/contractors on a corp/corp basis - you need to go through a third-party corp sucking away 30% of the billing rate
- increase regulatory burden keeping startups from going IPO and letting bigger corps just swallow some of the promising ones, thus growing even bigger
- bail out the selected "too big to fail" corps
- raise healthcare premiums - affecting self-employed rising 15% a year for the many years now.
[1]http://money.cnn.com/2016/09/08/news/economy/us-startups-near-40-year-low/index.html http://money.cnn.com/2016/09/08/news/economy/us-startups-nea...
[2] https://www.wsj.com/articles/shrinking-support-for-small-businesses-1467151550 https://www.wsj.com/articles/shrinking-support-for-small-bus...
- jliptzin 9y agoI would add that people who fooled themselves into taking expensive college loans for an overpriced degree they probably didn't need is trapping them financially and preventing them from having any ability to start a business.
- ryanwaggoner 9y ago- make it hard for companies to hire consultants/contractors on a corp/corp basis - you need to go through a third-party corp sucking away 30% of the billing rate Can you explain the mechanism by which they do this?