“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.”
The latest feminist obsession with rape has reached the point where false accusations are now being thrown around loosely. It has resulted in a negative stigma toward men on college campuses, and...Read More
Associate Professor of Economics, North Carolina State Univ.
: : : : : : : : : : : : : : : : : : : The short version:It’s still Bush’s fault. It’s only a compromise if they do what I want. Call Congress.
Newmark’s Rule #4: if you see something weird in the market, check to see if government is involved. It is,: here.
(VIDEO) Sen. Johnson: Obama and his Administration Have ‘Little Experience in Manufacturing or Business’
Senator Ron Johnson (R, Wis.) commented in advance of the President’s speech on manufacturing and is here to tell President