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Discussion (24 Comments)Read Original on HackerNews
A common refrain is that all the "entrepreneurs" are just gig economy workers, and I was initially skeptical of this too, but it does seem to check out. The top industries with aren't related to gig economy or truckers, in fact that industry shrunk.
https://www.economist.com/content-assets/images/20260801_EPC...
Getting off the ground with a small business in America stinks in a lot of ways. Taxes are high and health insurance is really expensive when you have to cover it yourself.
Normal health insurance like employer provided (or universal healthcare) is the healthy paying for the sick, which while altruistic is what's actually expensive.
If we want to encourage people to start new businesses, some form of universal healthcare would be a massive catalyst. Starting a business is never going to be risk-free, but there's a big difference between risking your retirement or even your house and risking the health of your child.
For example, if you are in your 40s the cheapest (bronze level $10k deductible) plan is around $500-$900 a month. Are you maybe talking about a family plan (which allows for about $20k deductible)? But that would be significantly more than $100/month.
Sorry, do not mean to come off as combative, just trying to understand what I am misunderstanding.
Edit: to clarify, federal regulations do not allow an individual to have a plan with a $20k deductible that I am aware of.
Not necessarily, often it is much less.
t. I am a partner in an L&H insurance agency.
Luckily, our economy is mostly based on luxury items, by world standards.
There's nothing intrinsically wrong with producing entertainment, internet communities, or branded merch. But I don't think it's that controversial to say "micro-influencer selling/sponsoring merch" is not the optimal career path for most of the people that pursue it.
There are certainly things wrong with today's economy, starting with housing being treated as a financial asset, which encourages laws that create an artificial scarcity of it. I'm not saying there is nothing to complain about.
But the fact that not everyone is working purely to create necessities, that some of our economic output consists of luxuries? I don't really see that as a problem to be solved. If anything, I think it's a good sign. Let's not fall into the trap of just randomly complaining about everything.
Absolutely. https://www.wsj.com/business/making-money-wealth-boring-8cc6...
What's surprising is how many people (seemingly) work there (hundreds!), for a publication that puts out like 70 articles per week? They got 9 people working on china and the china section only has 3-4 articles per week.