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We allow them to start businesses with little to no overhead. Let them solve problems as they see them and hire people to help. Even with the explosion of soft
by all2 8y ago
We allow them to start businesses with little to no overhead. Let them solve problems as they see them and hire people to help.
Even with the explosion of software related businesses, the actual growth of new small businesses has been grinding to a halt [0]. I'd argue that this is specifically a regulation and paperwork issue from local all the way up to Federal levels.
If we want to "create jobs" for people who are displaced, we need to allow for new jobs to be created. The government can't "create" jobs, no matter how much money it has or taxes it levies. Unless everyone works for the government. Then we're on our way to some kind of bureaucratic totalitarianism.
[0] "Firm Size" - https://www.bls.gov/bdm/entrepreneurship/entrepreneurship.htm https://www.bls.gov/bdm/entrepreneurship/entrepreneurship.ht...
- Aloha 8y agoI'll note - at no point I mentioned the government as a driver in this - this is a societal question - government might be the mechanism to do it - but government cannot initiate it - we as a society must form a consensus on what to do with the displaced first. Broadly I'd also agree with you, the regulatory environment makes running any sort of business needlessly complex and difficult, and tends to increases the capital requirements greatly - though I'd argue that state and local regulations are the primary burdens at this point.
- ska 8y agoIt certainly helps to make it easier to start businesses. I think it's a great idea, but even in the most optimistic scenario though it is a fractional (but worthwhile!) solution. Reducing bureaucratic burden and improving access to capital can make a real difference though.