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There's a difference between ease of getting into business, and the ease of making a living doing it. The debt economy ties people to jobs, particularly becaus
by einhverfr 15y ago
There's a difference between ease of getting into business, and the ease of making a living doing it. The debt economy ties people to jobs, particularly because of the fact that if you become self-employed, there will be a few years where you will likely not be able to cover your expenses and we have very little support for that. So unless you are already financially independent, you need financial help from someone else.
A lot of the legislation is a bit of a mixed bag. On the whole PPACA makes it easier perhaps to become self-employed because you can forego health insurance during the critical starting time, only to buy it if a real need arises or once one is making more money. On the other hand, the mandate to buy it later, imposes an additional burden on top of things like high self-employment taxes. On the whole I think PPACA does more harm than good because it can be very hard to predict when downturns will be sufficient to cause one to be able to cut health insurance out of one's budget.
Finally most of the ease of doing business factors are primarily about corporate business. It doesn't tell you much about being self-employed.