Tuesday, May 6, 2014

The Economy - New Businesses

For the first time in 30 years, more businesses are being dissolved than are being created. Also, older and larger businesses are doing better than younger, smaller ones. So this paints a different picture of the economy than the current narrative that things are getting better. Newer and smaller businesses are the lifeblood of our economy. This is where innovation happens. This is where most of the new jobs are created. This is not good news.

What do you think?

For more: http://www.zerohedge.com/news/2014-05-06/death-cross-american-business