Wall Street Journal BLASTS McCain

[Aiemond]

Timmah! said:

Aiemond said:

Timmah! said:

Aiemond said:

 

Create a National Network of Public-Private Business Incubators: Barack Obama and Joe Biden will support entrepreneurship and spur job growth by creating a national network of public-private business incubators. Business incubators facilitate the critical work of entrepreneurs in creating start-up companies. Obama and Biden will invest $250 million per year to increase the number and size of incubators in disadvantaged communities throughout the country. (This from his plan site)

 

We only have to look as far as Fannie Mae to see how well public-private entities work... Great, another way for governement to arbitrarily waste my money.

 

Do you have anything other than this to say? Incubators are a good idea and will help start off business. This is a great way to help it. And, these are totally different types of situations. Fannie Mac is very different than this.

 

Edit: Magnus, stop the personal attacks. Debate people on issues not attacks.

I understand the idea behind incubators, it's just that the government has a terrible track record on just about everything they touch, so I really don't trust the well-intentioned 'incubators' to not become corrupt. I believe the government should create an environment where businesses can succeed, but I disagree with you on how this should be done. Incubators sound like a good idea on paper, but the government has not earned my trust enough where I actually believe they will do a good job with this. Creating a favorable tax environment sounds like a better idea to me.

 

I agree tax breaks on small busniess would help too. IMO there should be a seperate catagories for personal income and small business operating costs. Then, you can have someone making a profit of say, 120k be in the 120k income bracket and the taxes on the business would be different and not knock you up to the , say, 250kish bracket. you could also target the catagories easier.

I agree that govt can slow things down, but having the private incubators now and the ones that obama supports gives new owners more choice and more opportunities to use them. When I choose a canidate I pick the packet that I think overall is better. With obama, I feel his economic package is overall better (my number one issue), his energy ideas are better (my number 3ish issue) even though he disagrees with me on abortion (prolly my 5th or 6th issue).

And i feel obama's ideas are better based on the economics classes I took, business majors I am very good friends with, and what prominant financial analysts and economists are saying, including republican ones such as Ben Stien.