Biden’s war on freelancing affects the American dream
February 24, 2024
As the president war Joe Biden against labor independent enters its fourth year, the economy bill is gaining grim attention. It turns out that the government’s attacks on flexible, independent, and autonomous work have hit the people who depend on it most: women, minorities, and the marginalized.
One of President Biden’s most recent actions is a new rule issued by the Department of Labor to reclassify millions of independent workers as formal employees. Management believes this type of work is exploitative and that people would be better off with traditional work arrangements.
Except independent contractors prefer their independence! Freelancing is not a fringe deal. It didn’t simply arise from mobile apps like Uber and Instacart, which represent only a tiny fraction of freelancing. The independent workforce produce half a trillion dollars a year and includes 36% of American workers. He 79% of them are not even interested in traditional jobs. three quarters they say that flexibility and independence (“being your own boss”) is what they like most. “Freelancers” too Earn more money, on average, than traditional employees.
It’s no surprise that the people who set their own schedules, choose their own projects, and enjoy higher incomes are the workers. more optimistic of the economy. Or that a third of people who quit their jobs during the COVID-19 pandemic did so specifically to start their own businesses.