Why do reporters keep insisting on calling this a recovery, when clearly it isn’t?
The “bail-outs” put a lot of pressure on the economy, and we are still reeling under their weight.
It seems like half the people in my 100,000 population town are running lawn service companies to cut the grass of the other half.
The proliferation of endless directories of new rules and regulations by government bureaucrats and other flaks looking to pad their bailiwicks and throw up roadblocks may have something to do with it.
What are they talking about?
I see a new taco wagon around here about every week.
Not as bad as running out of ammunition when the feral scum comes looting...
https://www.youtube.com/watch?v=BVHm47bXhKU
“In this recovery, just 20 counties have generated half the growth.”
Not all that surprising.
Lots of new business ventures are high tech and those companies are clustered in cities with educates work forces.
Obama’s war on the middle class.
No one can afford his health plan, his debt, his regulations, and his racial-warfare.
I think WaPo is trying to say we need to Make America Great Again!
What the h3ll does WaPo care about anyone who might actually reside in the countryside, where rubes and rednecks VOTE TRUMP? It’s not like we grow lattes.
Explanations for this trend:
* business creation and innovation is more likely when you’re young, the rural areas have had a brain drain and youth drain for decades
* big businesses in those small towns import illegal and legal immigrants to keep wages low, depressing the local economy for locals; when half your neighbors can’t find work, there’s no one to sell to
* the underground economy has grown for decades in part from illegal immigration and their under the table wages; thus there is some business but not as much is reported
* government regulations strangle the small operator more than the big one; the lady who wants to run a daycare from her home but is told to get a thousand in permits and inspections first stops while a new Kindercare doesn’t care, the woman who wants to braid hair and is told to get a barber license stops while the new Great Clips franchise doesn’t face that hassle. And when you live in a rural area, you’re less likely to be able to find advice like Institute for Justice to get out from under the red tape.
The view from our place, in rural southern Oregon, is that the only new businesses being started are connected with legal pot: growing, processing, retailing.
A fair number of people who used to be low-level criminals are going to be wealthy soon.
There is a second “industry” which has started up. That is call centers. Companies can hire people who speak colloquial US English for under $15 per hour. No, it doesn’t m,watch the rates in India, but their customers can understand what they are saying, which speed things up considerably. But that is a few big shops, not many small ones.
And Obama is happy that small business wont be helping the economy.
“You didn’t build that!”