barrytrot wrote:Actually it is the SMALL businesses that hire people.
Big businesses are routinely laying people off.
Most people work for a small business (those that work). And some of the small business owners aren't even in the "1%".
The best "incentive" would be to reduce red-tape.
Treetop wrote:Id actually be selling excess eggs and milk to a neighbor now if I didnt need to jump through many hoops to do it. More expensive hoops then Id ever make selling to a few neighbors. Instead I just feed everything extra to the chickens, which works well enough, but Id much rather be able to sell it to other adults who know full well the goat milk is from my backyard.
Mossy wrote:Big companies benifit from increased regulation. It destroys the small competitors.
barrytrot wrote:Mossy wrote:Big companies benifit from increased regulation. It destroys the small competitors.
This is a widely held misconception actually.
The cost of regulation scales disproportionately actually. i.e. big business pays a higher percentage of regulation fees.
The reason big business still works is that economy of scale outpaces regulation costs by quite a bit.
Removal or reduction of regulation would bolster all businesses across the board and according to most economists would result in a net zero for the government due to increased tax base/etc.
Why do regulations exist then?
2 reasons:
1. Because as a general rule laws are additive. I.e. law number 5,982 means that there are already 5,981 laws on the books that aren't coming off.
2. Because each new law fills the EVIL pockets of another person or persons and those people aren't giving up their free gravy train without a fight.
barrytrot wrote:Mossy wrote:Big companies benifit from increased regulation. It destroys the small competitors.
This is a widely held misconception actually.
The cost of regulation scales disproportionately actually. i.e. big business pays a higher percentage of regulation fees.
The reason big business still works is that economy of scale outpaces regulation costs by quite a bit.
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