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Thomas Friedman: Start-Ups, Not Bailouts

nytimes.com

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Re: Thomas Friedman: Start-Ups, Not Bailouts

#2
He's not the first to make this claim and I question whether it is so clear cut. For instance, it seems very likely that some of those 40 million jobs created by start-ups had an effect on established business. Either through competition for growth or even competition for existing market space.

Re: Thomas Friedman: Start-Ups, Not Bailouts

#4
post #3

Mr. Friedman adds to his lengthy list of stories in which he lobbies (it has gotten to be numbingly repetitive, Tom) for increased immigration from India and China.

Why do you single out India and China? This article cites Brin (Russian) and Khosla (Indian); it nowhere mentions China. The immigrants the author plainly argues for are high-aspiring educated risk takers, regardless of where they come from.

Re: Thomas Friedman: Start-Ups, Not Bailouts

#6
post #2

He's not the first to make this claim and I question whether it is so clear cut. For instance, it seems very likely that some of those 40 million jobs created by start-ups had an effect on established business. Either through competition for growth or even competition for existing market space.

Obviously the people who work in those jobs need to come from somewhere. Are you implying that competition isn't a desirable outcome?

Re: Thomas Friedman: Start-Ups, Not Bailouts

#7
Immigration and education? It could be years before those things have an effect on the job market.

Why not ask people who want to start startups, or are currently starting them what would make it easier to get going quickly?

Personally, I would start hiring tomorrow if it wouldn't cost me any money or part of my business. Perhaps a program that helps startups by paying the wages for the first 3 or so employees for up to a year? That would certainly kick start my business, probably many, many, others.

Re: Thomas Friedman: Start-Ups, Not Bailouts

#9
High-IQ risk taking does not just come from the school system or immigration. It also comes from the freedom to fail. Increasing the safety net and taking the edge off failure will help people step out on the tightrope.
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