“The Collapse of Startups in Job Creation”
Tim Kane for the Hudson Institute. Discouraging. Three samples:
“Since 1977, newly born companies usually create a net 3 million jobs per year,
but the most recently released data report as falling to 2.34 million in the year 2010. The
Commerce Department will not release annual 2011 or 2012 data until after the election,
but we can see that quarterly figures for startup job creation have continued to weaken.”
“The average rate for entrepreneurial job creation under the previous three presidents was 11.3, 11.2, and 10.8 [in new U.S. companies per capita] respectively, but under President Obama it has been cut by one-third to 7.8.”
“While this report documents a disturbing weakness in startup job creation, it does not
explain the cause of decline. There is anecdotal evidence that the U.S. policy environment has become inadvertently hostile to entrepreneurial employment. At the federal level, high taxes and higher uncertainty about taxes are undoubtedly inhibiting entrepreneurship, but to what degree is unknown. The dominant factor may be new regulations on labor.”
This dad punches the crap out of two girls attacking his daughter. Tell me you wouldn’t do the same if a pack of thugs were beating on your child. I...Read More
Associate Professor of Economics, North Carolina State Univ.
A group of unions in California have gotten together to criticize the Oakland Unified School District for refusing to allow
Veteran fiscal conservative Congressman Peter Roskam (R, IL) has announced the names of the 10 Republicans that are joining him
Over the past two centuries, the Democratic Party has had many powerful orators. Needless to say, Harry Reid, the Democratsâ€™ Senate Majority Leader since November of 2006, has failed to live up to this proud heritage on a titanic scale. Which is why, from The Home Office in Carson City, Nevada, we’re proud to present, The Top Ten Harry Reid gaffes!