In the last 30 years net job gains have come from companies less than 5 years old. In fact, about two thirds of new jobs have come from this group.
This is not happening these days. Despite all the talk and the disastrous spending that is coming from the Obama Administration. Because nothing, absolutely nothing is being done to create the environment for small business to prosper.
On the contrary, everything that impedes the small business operator has been created in the past year. Higher minimum wages on unskilled labor, higher income taxes and a drastic cut in the availability of credit from banks and alternate sources
Just as importantly, there are constant anti-business diatribes from Washington which scare the daylights out of would-be entrepreneurs.
No comments:
Post a Comment