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Comment by csomar | Hacker News Reader

No one understands or is willing to research these things anymore. Everyone (or at least everyone who is screaming and being heard) is mumbling points about interest, boom/bust, AI, etc...

The reality, in my opinion, the governments have made it so hard to start and maintain a business that the market is not liquid for employment anymore. It's not catastrophic, but rather dead (as not moving).

Here are the employment numbers: https://tradingeconomics.com/united-states/employed-persons

2019: 159M Employed out of 326.8M Population 2024: 161M Employed out of 335.8M Population

1.25% vs 2.75%

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What did the government do here? Interest rates?

In 2017, the government passed a law that raised a tax in 2022. According to some, supporters of the tax raise could claim the raise wasn't real because it could be reversed before 2022.

From https://stratechery.com/2023/buzzfeed-shutters-news-startups...

> Because the 2017 “Tax Cuts and Jobs Act” was passed via the reconciliation process (in order to avoid a filibuster), it had to be budget neutral after 10 years; one tactic used to accomplish this is to make future changes to the tax code that increase revenue, even though the bill’s drafters anticipate those changes will be rolled back before they are implemented.

Nothing is permanent like a temporary solution.

What’s so hard about starting and maintaining a business? The hard part is getting people to give you money, but that’s always been true.

The business part is a no brainer. Especially when it’s a software business with no office space, inventory or utilities.

The US is one of the most business-friendly countries on the planet (it's why you don't have to provide your employees, you know, rights). No idea what GP is on about.

Prime age employment is flat. The overall percentage change is largely a demographic effect (boomers aging out of the workforce).

Do you have any point backing that up?

You just said "numbers down, government bad"

What is the point? Analysis? This is like people on Fox just calling names.

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