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Entrepreneurship and the 2016 Election (Blog Post) (view source)
Revision as of 15:33, 7 June 2016
, 15:33, 7 June 2016→Abstract
:Immigration has been highlighted by the [http://sbecouncil.org/2014/07/21/entrepreneurship-immigration-reform-and-the-economy/ Small Business & Entrepreneurship Council] as a key issue in small business and entrepreneurship. The council cites a 2012 [https://www.sba.gov/sites/default/files/rs396tot.pdf report] from the [Small Business Administration] that reveals higher rates in business ownership, business formation, business exportation among the U.S. immigrant population as compared to the non-immigrant population. The council further quotes a 2014 Kauffman Foundation [http://www.kauffman.org/~/media/kauffman_org/research%20reports%20and%20covers/2014/04/kiea_2014_report.pdf report] in saying that "Immigrants were nearly twice as likely to start businesses each month as were the native-born in 2013," as well as [https://www.sba.gov/blogs/nation-immigrants-and-entrepreneurs Karen Gordon Mills], the former Administrator of the U.S. Small Business Administration, as saying: “In 2011 alone, immigrants started 28 percent of all new U.S. businesses, despite accounting for only 13 percent of the U.S. population." The array of above testimony seems to imply that a healthy intake of immigrants is an important component in a healthy entrepreneurship ecosystem.
:Returning to the presumptive Trump v.s. Clinton ballot awaiting America in the Fall, it is imperative to review the two candidate's positions across these three areas. Hillary Clinton, whose website claims she will "be the small business president," takes a strong stance on healthcare, [https://www.hillaryclinton.com/issues/health-care/ vowing] to defend the Affordable Care Act and strengthen its benefits while minimizing its detriments in regards to small business. A position which reflects the ACA's seemingly sometimes positive, sometimes negative relationship with small business. In regards to economic regulation, Clinton does not appear to be shy, [https://www.linkedin.com/pulse/its-time-raise-incomes-hard-working-americans-hillary-clinton supporting] paid family leave, higher minimum wage, stronger unions, equal pay and 2010 Dodd-Frank financial regulation law. Her [https://www.hillaryclinton.com/issues/small-business/ small business webpageweb page] also claims that she supports reducing regulation and red tape on entrepreneurs however, once again reflecting both sides of an issue that academia has yet to find compelling evidence in. Finally, on immigration, Clinton [https://www.hillaryclinton.com/issues/immigration-reform/ proposes] comprehensive reform promoting immigration and integration with a pathway to citizenship for undocumented immigrants and in defense of the many steps President Obama has made towards reform. On this issue Hilary Hillary Clinton seems to strongly support a healthy entrepreneurship ecosystem for the future.
:On the other side of the aisle, Donald Trump wholly [https://www.donaldjtrump.com/positions/healthcare-reform opposes] the Affordable Care Act, stating that he will request a congressional repeal of the act on his first day in office. Furthermore, Trump proposes an absolute free-market approach to healthcare from there on out, a proposal that would have seemingly mixed results for small business. Trump has spoke out sweepingly against economic regulations and government interference as early as [http://www.washingtontimes.com/news/2012/feb/7/no-ones-apprentice/ 2012]. While vehemently against economic regulation, Trump strongly [http://www.nationalreview.com/article/265269/trumped-daniel-foster?utm_source=jolt&utm_medium=email&utm_term=Jolt&utm_campaign=Jolt06232015 supports] the 2005 'Kelo v. City of New London' Supreme Court decision which allows for imminent domain to be invoked in cases where the government would generate more tax revenue. This record on government regulation would once again seem to indicate mixed results for small business. Finally, Trump has aggressively opposed immigration throughout the campaign, proposing to "[https://www.donaldjtrump.com/positions/pay-for-the-wall build a wall] between the United States and Mexico as well as [http://www.cnn.com/2015/12/07/politics/donald-trump-muslim-ban-immigration/ banning] Muslim travel to the U.S.. Trump then, seems squarely against promoting a healthy entrepreneurship ecosystem on the issue of immigration.
