Friday, June 12, 2009

Small Businesses

If I were the benevolent dictator, one thing I would do is change how our government officially defines small businesses. The standards (.pdf) vary across industry classsifications, but maximum of 500 employees is common. I think when most people are thinking about "small businesses" that isn't actually what they're conceptualizing. They're instead thinking about much much smaller operations. So when Republicans, especially, go out there and talk about the impact of this or that policy on "small businesses" there's an emotional resonance which probably isn't actually valid. Lots of pretty big companies are technically "small businesses."