Obama's job aid plan - $10,000 to $13,000 in assistance for entrepreneurship
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Re: Obama's job aid plan - $10,000 to $13,000 in assistance for entrepreneurship
#2This seems really cool and all, but what are we talking about in terms of wait time and hurdles to jump through? Anyone know details?
I've looked into and seen others go through grant processes and they are often terrible. Hope it isn't similar.
Re: Obama's job aid plan - $10,000 to $13,000 in assistance for entrepreneurship
#3About time.
The policy of forcing a decision for laid off people between 1) sitting around doing nothing (i.e. "looking for a job") and being eligible for free money vs. 2) trying to start something which could have an an impact in not only getting that person back into a paying position but also on the economy as a whole (and thereby being ineligible for money) needed to end
Re: Obama's job aid plan - $10,000 to $13,000 in assistance for entrepreneurship
#4I found the link for a list of unrelated things 2 paragraphs in quite jarring.
Re: Obama's job aid plan - $10,000 to $13,000 in assistance for entrepreneurship
#5This seems really cool and all, but what are we talking about in terms of wait time and hurdles to jump through? Anyone know details? I've looked into and seen others go through grant processes and they are often terrible. Hope it isn't similar.
This isn't a grant. It's a modification of the rules for unemployment insurance. It's a good change.
It allows you to use unemployment insurance to pursue your own business for about half a year. Of course, for you to be eligible for unemployment insurance, you had to have been employed at some point and gotten fired. It's also a paltry sum. But, again, any movement in the right direction is a plus.
Re: Obama's job aid plan - $10,000 to $13,000 in assistance for entrepreneurship
#6genius. who needs voluntary transactions live venture capital or angels, what have they ever done? instead lets take money from everyone (if they don't like it we can lock them in a cage) and then give it to others who we decide are worthy.
Re: Obama's job aid plan - $10,000 to $13,000 in assistance for entrepreneurship
#7The ignorance displayed in the comments on that article is scary. It's quite obvious a lot of people have never been in the position to actually need this sort of aid before, so it's easy to knock everyone using it as "an illegal" or "lazy."
Of course people will abuse this, too, just like they abuse the unemployment insurance we have now. But to me, the net positives that come out of this will outweigh the (probably minor) fraud that will happen. Adding benchmarks (e.g., you have to legally register a business, you have to prove some sort of business activity to a case worker, and so on) will keep a lot of the fraud out, even if they're token requirements.
Re: Obama's job aid plan - $10,000 to $13,000 in assistance for entrepreneurship
#8Then, if you become successful, you can be labeled as one of the hated rich and they'll put you out of business with crushing regulation and taxes.
Excellent.
Re: Obama's job aid plan - $10,000 to $13,000 in assistance for entrepreneurship
#9genius. who needs voluntary transactions live venture capital or angels, what have they ever done? instead lets take money from everyone (if they don't like it we can lock them in a cage) and then give it to others who we decide are worthy.
Outside of Silicon Valley (and a few other hot spots maybe) "voluntary transactions" aren't happening, so the government feels the need to step in.
Re: Obama's job aid plan - $10,000 to $13,000 in assistance for entrepreneurship
#10About time. The policy of forcing a decision for laid off people between 1) sitting around doing nothing (i.e. "looking for a job") and being eligible for free money vs. 2) trying to start something which could have an an impact in not only getting that person back into a paying position but also on the economy as a whole (and thereby being ineligible for money) needed to end
> The policy of forcing a decision for laid off people between 1) sitting around doing nothing (i.e. "looking for a job") and being eligible for free money vs. 2) trying to start something
There was no such policy - there was no such "decision".
The standards for "looking for a job" are/were low enough that one could be trying to start something at the same time. (I know - that's what I did.)
While we like to talk about starting companies, ie we like startup porn, the vast majority of the long term unemployed won't start anything. More to the point, the folks who would are unaffected by this proposal, so there won't be any benefits received for the costs incurred.
How do I know this? The folks who would start do start and are doing so already. (Yes, I read the SEA stats.)