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Is the recovery being driven by increased entrepreneurship thanks to ACA?
Posted on 12/23/14 at 1:00 pm
Posted on 12/23/14 at 1:00 pm
The number one fear holding potential entrepreneurs back from starting a business was health insurance cost fears. With that demolished, could some of the recovery be attributed to prospective business owners (who previously were in job lock due to PE conditions), setting up their own services/businesses?
Posted on 12/23/14 at 1:02 pm to HailHailtoMichigan!
the ACA shits on the self-employed, I thought.
honestly don't know, seen people say it
honestly don't know, seen people say it
Posted on 12/23/14 at 1:13 pm to HailHailtoMichigan!
quote:
Is the recovery being driven by increased entrepreneurship thanks to ACA?
Posted on 12/23/14 at 1:14 pm to HailHailtoMichigan!
quote:
With that demolished, could some of the recovery be attributed to prospective business owners (who previously were in job lock due to PE conditions), setting up their own services/businesses?
With what demolished?
Posted on 12/23/14 at 1:15 pm to moneyg
You don't think there were potential business owners out there that were terrified of leaving their job as an employee due to lack of health insurance?
Posted on 12/23/14 at 1:15 pm to fleaux
quote:lack of health insurance fears.
With what demolished?
Posted on 12/23/14 at 1:18 pm to HailHailtoMichigan!
quote:
lack of health insurance fears.
Has all of Obamacare actually been implemented yet?
Posted on 12/23/14 at 1:21 pm to fleaux
Well, the part that says you can't deny due to PE conditions is in effect.
It was impossible to be a potential entrepreneur with a PE condition before the reforms, due to the horrifying risk.
It was impossible to be a potential entrepreneur with a PE condition before the reforms, due to the horrifying risk.
Posted on 12/23/14 at 1:23 pm to HailHailtoMichigan!
just don't start a business and then employ over 50 people (i think that's the number). Then you can pawn them off to ACA. Otherwise, if you want to have a growing/thriving biz, ACA may not be so good for the biz owner...hence the issues raised by small businesses
Posted on 12/23/14 at 1:25 pm to HailHailtoMichigan!
quote:
who previously were in job lock
I like you as a poster, but very few things in this world grind my gears more than this term.
Posted on 12/23/14 at 1:27 pm to HailHailtoMichigan!
Lots of oil and gas jobs, especially new industrial construction and expansion because of cheap natural gas is I think the key driver.
Posted on 12/23/14 at 1:38 pm to HailHailtoMichigan!
No. Small Business owners are being screwed over, and corporations are passing this cost on to YOU.
The "job lock" was businesses waiting to find how much higher their costs would be in order to increase the prices of the goods and services they sell.
What the liberal mind can't comprehend is that anytime there is a tax increase, money that should go towards reinvestment and growth that would provide more jobs doesn't.
And keep this in mind, exemptions on certain mandates will expire in 2015.
In fact those in the healthcare industry have called 2015 the year of the penalty and not because penalties will increase for those who haven't purchase health insurance, but instead for the ending of the "grace" period for everyone in the healthcare industry and businesses for compliance to literally thousands of pages of regulations.
The "job lock" was businesses waiting to find how much higher their costs would be in order to increase the prices of the goods and services they sell.
What the liberal mind can't comprehend is that anytime there is a tax increase, money that should go towards reinvestment and growth that would provide more jobs doesn't.
And keep this in mind, exemptions on certain mandates will expire in 2015.
In fact those in the healthcare industry have called 2015 the year of the penalty and not because penalties will increase for those who haven't purchase health insurance, but instead for the ending of the "grace" period for everyone in the healthcare industry and businesses for compliance to literally thousands of pages of regulations.
Posted on 12/23/14 at 1:41 pm to HailHailtoMichigan!
If OP is seeking an answer to the question posed in the thread title, they should probably look at the evidence on whether entrepreneurship has accelerated, and discuss that.
Posted on 12/23/14 at 1:43 pm to fleaux
quote:
Has all of Obamacare actually been implemented yet?
Nope.
Posted on 12/23/14 at 2:04 pm to HailHailtoMichigan!
In your first sentence you say the number one fear was health insurance cost fears(which would be on the employer ). When I asked for clarification you said lack of insurance fears(which concerns the employee)...... Which one is it?
Posted on 12/23/14 at 2:06 pm to fleaux
When you leave a company to start your own business, you give up company provided insurance protection. ACA somewhat makes that ordeal a lot less terrifying.
Posted on 12/23/14 at 2:19 pm to HailHailtoMichigan!
Do you want to have a serious conversation about this or is this a sarcasm thread?
Because then what would be the metrics you consider relevant to showing success?
Self reported Narratives of business owners?
Information from small business loans applicants?
Entrepreneurial trade pubs?
I personally think there will be a huge amount of growth with people who are no longer shackled to jobs bc they literally couldn't buy insurance even if they wanted to.
It's just an anecdotal story, but one of the best program manager/ architect (it) I ever met was stuck in a job at big company in a mind-numbing position. His company didn't flex a lot and he had spina biffida so there were a lot of sick days - doctors appointments that he had and could never really make it up the ladder (and I think prejudice). But he bought his insurance outright last year, turned in his notice and started his own consulting firm. He easily makes much much more on his own now and can flex like he wants without living in fear of losing his benefits.
And he's super conservative but voted for Obama both times bc of the aca.
Because then what would be the metrics you consider relevant to showing success?
Self reported Narratives of business owners?
Information from small business loans applicants?
Entrepreneurial trade pubs?
I personally think there will be a huge amount of growth with people who are no longer shackled to jobs bc they literally couldn't buy insurance even if they wanted to.
It's just an anecdotal story, but one of the best program manager/ architect (it) I ever met was stuck in a job at big company in a mind-numbing position. His company didn't flex a lot and he had spina biffida so there were a lot of sick days - doctors appointments that he had and could never really make it up the ladder (and I think prejudice). But he bought his insurance outright last year, turned in his notice and started his own consulting firm. He easily makes much much more on his own now and can flex like he wants without living in fear of losing his benefits.
And he's super conservative but voted for Obama both times bc of the aca.
Posted on 12/23/14 at 2:22 pm to mahdragonz
I don't know if the labor department/CBO measures entrepreneur growth.
Your anecdote makes sense, though.
Your anecdote makes sense, though.
Posted on 12/23/14 at 2:31 pm to jamboybarry
wtf is that chart for?
The aca wasn't even in effect? All I see is republican leadership created fewer businesses.
All that chart shows is limited loaning (e g Goldman Sachs) led to fewer businesses being started.
The aca wasn't even in effect? All I see is republican leadership created fewer businesses.
All that chart shows is limited loaning (e g Goldman Sachs) led to fewer businesses being started.
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