Martha Range (@MartaVonRunge)

https://www.americanthinker.com/blog/2024/09/wth_is_an_opportunity_economy_anyway.html September 18, 2024 WTH is an ‘Opportunity Economy’ anyway? By M. Walter Directly from the Harris-Walz campaign website, we have this: As part of her Opportunity Economy agenda, she has put forward a plan to help small businesses and entrepreneurs innovate and grow. She has set an ambitious goal of 25 million new business applications by the end of her first term — over 10 million more than Trump saw during his term. To help achieve this, she will expand the startup expense tax deduction for new businesses from $5,000 to $50,000 and take on the everyday obstacles and red tape that can make it harder to grow a small business. She will drive venture capital to the talent that exists all across our country including in rural areas, and increase the share of federal contract dollars going to small businesses. Let’s take this steaming pile of nonsense one steaming micro-pile at a time: “She has set an ambitious goal of 25 million new business applications by the end of her first term — over 10 million more than Trump saw during his term.” Yeah… No. Trump did everything possible to cut red tape and make it easier for entrepreneurs to get up and running in his pre-COVID economy which was breaking all kinds of prosperity records. Front companies propped up with federal dollars to make it look like she did even better? Sure. It’s entirely possible — even likely — we’ll see Solyndras from coast to coast. But the chances that Comrade Kam-Kam will organize an economic environment friendly to organic entrepreneurship exceeding Trump’s is exactly zero. more....