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U.S. businesses are being destroyed
faster than they’re being created

Washington Post, by Christopher Ingraham

Original Article

Posted By:Drive, 5/6/2014 3:52:30 PM

The American economy is less entrepreneurial now than at any point in the last three decades. That´s the conclusion of a new study out from the Brookings Institution, which looks at the rates of new business creation and destruction since 1978. Not only that, but during the most recent three years of the study -- 2009, 2010 and 2011 -- businesses were collapsing faster than they were being formed, a first. Overall, new businesses creation (measured as the share of all businesses less than one year old) declined by about half from 1978 to 2011.

      


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Reply 1 - Posted by: sternben, 5/6/2014 4:05:49 PM     (No. 9838750)

This means that there will be more candidates for government giveaways benefiting democRAT politicians.

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Reply 2 - Posted by: Dignitary Protection, 5/6/2014 4:16:13 PM     (No. 9838765)

When are the citizens of this country going to pull their heads out of their @$$#$ and realize what has been happening since this guy was elected!

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Reply 3 - Posted by: fhancock, 5/6/2014 4:30:38 PM     (No. 9838794)

A blind man in a sack thrown into a mine shaft could see this coming...the most anti-American politicians in our history (Obama and the congressional democrats) shoving their version of the Communist Manifesto down our collective throat...what could possibly go wrong with the economy

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Reply 4 - Posted by: oh-heck, 5/6/2014 4:45:58 PM     (No. 9838812)

Entrepreneurs see opportunities to do things in a different way. Our entire regulatory system is designed around the concept of current practice being grandfathered. Being an entrepreneur was always hard, now it is extremely difficult.

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Reply 5 - Posted by: FunOne, 5/6/2014 5:34:29 PM     (No. 9838863)

"Teasing out the causes of the overall decline or the variation between states is difficult; the authors stressed to me that their data don´t answer the questions of why or how just yet. But they will be looking into that in the months ahead."

No looking at common denominators like Obama, unions and the Democrats--or any try at connecting those dots.

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Reply 6 - Posted by: Blackeagle, 5/6/2014 5:38:10 PM     (No. 9838868)

Comments after the article are interesting. Note that in my experience Brookings has a decidedly liberal slant - so I wonder what their game is.

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Reply 7 - Posted by: web, 5/6/2014 5:45:18 PM     (No. 9838878)

Leftists around the county are doing their best to destroy capitalism, especially small businesses. They don´t have a clue how the real world works, or what living within a budget entails, because they believe in unlimited free government handouts. Locally, they are pushing for an increase of the minimum wage to $10.10 an hour. I certainly agree that to keep up with the inflation they have caused, we need to be paid $20-30 an hour; but that can only happen if the economy grows to afford it. The left and environ-mentalists want to lock up even more land in Federal Monuments, and have obstructed oil and gas drilling on public lands. Without cheap energy, low taxes and few regulations, business cannot grow, hire more workers and pay higher wages. They cause these problems, then demand idiot solutions to solve them.

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Reply 8 - Posted by: addicted_to_coffee, 5/6/2014 5:56:35 PM     (No. 9838884)

I wonder how many small businesses have "gone sideways" in the last few years. It is so tough to expand ...

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Reply 9 - Posted by: Starlady, 5/6/2014 6:45:46 PM     (No. 9838937)

From the emails I get everyday of greatly reduced prices and free shipping offers, my impression is a lot of our clothing chains are just hoping to hang on as long as possible. They seem desperate, unfortunately for them I am also desperately wanting to hang onto the money I have, so no sale.

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Reply 10 - Posted by: Japanorama, 5/6/2014 11:07:53 PM     (No. 9839140)

Surprising?
No.

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