We heard the presidential candidates discuss their views again Tuesday night, and it is clear that they agree on at least one thing: jobs and job creation policies are critical to the future of the economy. Yet like many politicians, policy makers, and pundits, the candidates continue to gloss over what both men certainly know to be true: Not all jobs are created equal.
Based on our work at the Martin Trust Center for MIT Entrepreneurship, we see two clear and distinct routes to new job creation.
Comments
Your comments discounting the job value of local small busineses are correct a sper each business, but you dont seem to understand the net value of handfuls of local businesses in THOUSAND of localities, versus a few hundred startups in a few localities.
None the less, Obama's job supression initiates work well and equally across both sets of job creators: reducing:
- tax increases on business growth (namely dividends and CGs) that reduce net earnings of businees growth 30-40%
- having to say below 50 employees to avoid Obamacare insurance costs, that apply to all employees, come the 51th...
- etc, etc.
Bad government policies can and do snuff out both business types. The last four years have been the field tst for that.