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America Falls Behind in Creating Rich Entrepreneurs
CNBC ^ | June 17, 2013 | Robert Frank

Posted on 06/17/2013 3:55:52 PM PDT by grundle

Edited on 06/17/2013 3:56:41 PM PDT by Admin Moderator. [history]

The creation myth of American wealth is almost always rooted in the entrepreneur.

It's the two kids who start a computer company in their garage or dorm room. Or the former standup comic who creates form-shaping undergarments, or the South African immigrant who creates a new electric car and private space program.


(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy
KEYWORDS: bho44; entrepreneurs; millionaires; obamalegacy; wealth
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1 posted on 06/17/2013 3:55:52 PM PDT by grundle
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To: grundle

The Democrats have been doing their best to make that kind of things impossible. They succeeded and so, the MSM tells us it was all a myth anyway


2 posted on 06/17/2013 4:03:29 PM PDT by GeronL (http://asspos.blogspot.com)
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To: grundle

Every single law and regulation the pass creates more poor. The working man and the creative people get the shaft under rat and increasingly republican’t control.


3 posted on 06/17/2013 4:06:45 PM PDT by vpintheak (We are the chosen few! Be thankful for it!)
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To: grundle

The leftist parasites are in the final stage of killing their host.

God damn them to Hell.


4 posted on 06/17/2013 4:09:42 PM PDT by Maceman (Just say "NO" to tyranny.)
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To: vpintheak

Government does not want success just couch potatoes and leeches!
All will be controlled in 15 years! I’m gone in ten but I hope the soup kitchen will still be open!


5 posted on 06/17/2013 4:09:59 PM PDT by Conserev1 ("Still Clinging to my Bible and my Weapon")
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To: grundle

The next American bazillionaire will create a secure communications protocol and they’ll host it offshore where the government can’t get at them.


6 posted on 06/17/2013 4:10:54 PM PDT by MeganC (A gun is like a parachute. If you need one, and don't have one, you'll never need one again.)
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To: grundle
All wealth is created by taking stuff out of the ground and making things out of it that people need everyday. We used to do this in this country and we became rich.

Free Traitors moved our manufacturing and industry to Red China and other Third world hell holes at taxpayer expense to make more profit by exploiting cheap labor and, more importantly, to deliberately grind the American middle-class into the ground. Now the (insider connected) Chinese and Asians are getting rich.

Free Traitors and their Globalism have ruined this country and they should pay dearly.

7 posted on 06/17/2013 4:10:56 PM PDT by Count of Monte Fisto
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To: Conserev1

Not as long as me and my kids remain alive! Shoot, I think most of the state of Alaska will be dang near impossible to control!


8 posted on 06/17/2013 4:11:58 PM PDT by vpintheak (We are the chosen few! Be thankful for it!)
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To: MeganC

More likely Chinese bazillionaire but I understand your premise....


9 posted on 06/17/2013 4:14:17 PM PDT by nascarnation (Baraq's economic policy: trickle up poverty)
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To: grundle

The ruling class need only serfs and nothing more.....peeons


10 posted on 06/17/2013 4:26:34 PM PDT by ronnie raygun (yesterdays conspiracies are todays truths)
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To: grundle

You can spread the wealth only so far...


11 posted on 06/17/2013 4:31:05 PM PDT by Road Warrior ‘04 (Molon Labe! (Oathkeeper))
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To: grundle
America Falls Behind in Creating Rich Entrepreneurs
-
"America" creates very little.
"Americans" create many wonderful things.
12 posted on 06/17/2013 4:36:35 PM PDT by Repeal The 17th (We have met the enemy and he is us.)
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To: Count of Monte Fisto; 1rudeboy
Free Traitors moved our manufacturing and industry to Red China and other Third world hell holes at taxpayer expense to make more profit by exploiting cheap labor and, more importantly, to deliberately grind the American middle-class into the ground. Now the (insider connected) Chinese and Asians are getting rich.

Uh oh another person calling it like it is....

13 posted on 06/17/2013 4:52:58 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: grundle

The middle class is the enemy of Centralized Govt and the oligarchy. They are trying to make us bow and kneel.


14 posted on 06/17/2013 4:54:58 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va

Perhaps either of you can explain how much higher our taxes need to be in order to alleviate this problem.


15 posted on 06/17/2013 4:55:18 PM PDT by 1rudeboy
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To: 1rudeboy

Either raise taxes thru tariffs, like our smart forefathers, or raise taxes thru income taxes like progressives. We know what you like.


16 posted on 06/17/2013 4:57:34 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Count of Monte Fisto
Free Traitors moved our manufacturing and industry to Red China and other Third world hell holes

Somebody took your stuff and moved it? Call the police.

at taxpayer expense

How does that work?

17 posted on 06/17/2013 4:58:27 PM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: grundle

But we’ve jumped into the lead creating rich bureaucrats.


18 posted on 06/17/2013 5:00:44 PM PDT by Moonman62 (The US has become a government with a country, rather than a country with a government.)
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To: Toddsterpatriot

I’m at a loss to explain why conservative FReepers are skeptical that our government can’t do the right thing. I mean, we know that it only acts in our best interest and never, ever, engages in policies that suffer from unintended consequences. I’m so concerned that I’m writing another check to the Treasury now. They will spend it wisely.


19 posted on 06/17/2013 5:01:58 PM PDT by 1rudeboy
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To: grundle

What is happening is that America is exporting jobs.

Every day, we ship more, and more jobs overseas.

We need to bring back American jobs. Now.


20 posted on 06/17/2013 5:05:03 PM PDT by Cringing Negativism Network
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