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Entrepreneurship and the 2016 Election (Blog Post) (view source)
Revision as of 10:22, 8 June 2016
, 10:22, 8 June 2016→Text
:Health Care regulation, specifically the [[Affordable Care Act|Patient Protection and Affordable Care Act]], also known as "Obamacare," has been accused of [http://www.investors.com/liberal-study-finds-obamanomics-killed-the-american-entrepreneur/ "killing"] small business. A 2012 [http://www.gallup.com/poll/152654/health-costs-gov-regulations-curb-small-business-hiring.aspx Gallup] poll of small business owners found that nearly half of small business owners point to potential healthcare costs (48%) and government regulations (46%) as reasons why they are NOT hiring new employees. In spite of this survey, the 2009-2015 head of the Congressional Budget Office, [http://obamacarefacts.com/obamacare-small-business/ Douglas Elmendorf], and [http://obamacarefacts.com/obamacare-small-business/ John Arensmeyer], founder and CEO of the Small Business Majority, have both released statements questioning any long-term negative effects of the Affordable Care Act and have even suggested that there will be benefits. Little conclusive evidence has been found on the effects of the Affordable Care Act on small business one way or the other.
:Economic regulation, in a similar vein to healthcare reform, has been purported as a [http://www.investors.com/liberal-study-finds-obamanomics-killed-the-american-entrepreneur/ cause] for the decline in small business. In a 2015 [http://centerforregulatorysolutions.org/fixing-the-nations-broken-regulatory-system/ report] from the Center for Regulatory Solutions Karen Kerrigan, the president & CEO of the Small Business & Entrepreneurship Council, suggests that a general streamlining and reduction of the United States' economic regulations would help the growth of small business. The 2016 [http://www.kauffman.org/neg/section-7#acceleratinggrowthbycurbingregressiveregulation New Entrepreneurial Growth Agenda] published by the Kauffman Foundation, proposes that reform in small business regulation and an decrease in regressive "barrier" regulation is the key to small business growth, and that increased regulations on larger companies may be beneficial. Across both theories little empirical evidence exists to show the effects of regulation on small business and rather are generated through the studies and opinions of experts in the field.
: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.
