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No one understands or is willing to research these things anymore. Everyone (or at least everyone who is screaming and being heard) is mumbling points about int
by csomar 2y ago
No one understands or is willing to research these things anymore. Everyone (or at least everyone who is screaming and being heard) is mumbling points about interest, boom/bust, AI, etc...
The reality, in my opinion, the governments have made it so hard to start and maintain a business that the market is not liquid for employment anymore. It's not catastrophic, but rather dead (as not moving).
Here are the employment numbers: https://tradingeconomics.com/united-states/employed-persons https://tradingeconomics.com/united-states/employed-persons
2019: 159M Employed out of 326.8M Population
2024: 161M Employed out of 335.8M Population
1.25% vs 2.75%
- xenospn 2y agoWhat’s so hard about starting and maintaining a business? The hard part is getting people to give you money, but that’s always been true. The business part is a no brainer. Especially when it’s a software business with no office space, inventory or utilities.
- funemployd 2y agoThe US is one of the most business-friendly countries on the planet (it's why you don't have to provide your employees, you know, rights). No idea what GP is on about.
- candiddevmike 2y agoWhat did the government do here? Interest rates?
- fundad 2y agoIn 2017, the government passed a law that raised a tax in 2022. According to some, supporters of the tax raise could claim the raise wasn't real because it could be reversed before 2022. From https://stratechery.com/2023/buzzfeed-shutters-news-startups-and-the-rd-tax-credit/ https://stratechery.com/2023/buzzfeed-shutters-news-startups... > Because the 2017 “Tax Cuts and Jobs Act” was passed via the reconciliation process (in order to avoid a filibuster), it had to be budget neutral after 10 years; one tactic used to accomplish this is to make future changes to the tax code that increase revenue, even though the bill’s drafters anticipate those changes will be rolled back before they are implemented.
- downrightmike 2y agoNothing is permanent like a temporary solution.
- FrustratedMonky 2y agoDo you have any point backing that up? You just said "numbers down, government bad" What is the point? Analysis? This is like people on Fox just calling names.
- Matticus_Rex 2y agoPrime age employment is flat. The overall percentage change is largely a demographic effect (boomers aging out of the workforce).