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The risks that exist today "weed out" failures before they ever exist (failures are very expensive/bad for the economy). Most people realize that they do not ha
by goggles99 14y ago
The risks that exist today "weed out" failures before they ever exist (failures are very expensive/bad for the economy). Most people realize that they do not have a good enough concept, enough time/dedication/work ethic lack a high level of life/business/leadership/social skills/self confidence.I could go on and on here.
If people have little/no risk to follow a venture, we will see a lot more people quitting their 9-5s and starting garbage businesses.
HMM - This sounds a lot like people getting home mortgages who have no business getting them... I know that John was a big fan of the affordable housing act as well.
Why does John Stewart stop there? why not lower entrepreneurial risk even more and guarantee that if someones startup business fails that they get money to live on from the govt for the next 18 months? Oh wait we already have that (unemployment)
How about I become a full time entrepreneur then? I could probably make more money per year starting failed business after failed business. I have money to live on and free health care so why not? This sounds great for the economy. This Stewart guy is sure a genius!!!