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

The Washington Post's Wonkblog ^ | May 5, 2014 | Christopher Ingraham, graphics editor

[2ndDivisionVet]

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.

The authors don't mince words about the stakes here: If the decline persists, "it implies a continuation of slow growth for the indefinite future." This lack of economic dynamism, particularly the steep drop since 2006, may be one reason why our current recovery has felt like much less than a recovery. As Matt O'Brien noted on Wonkblog last week, annual job growth rates have stubbornly refused to budge above 2 percent for the duration of the recovery.

The authors of the Brookings study dug beyond the national numbers to look at the change in new firms at the state and metro levels and found that they generally mirrored the national trends....

[Democrat_media]

government takes a year to decide if a business should be permitted to open. this shows that government/socialism can never work as it is so incompetent , unaccountable ,corrupt etc..but so many idiots even on this forum trust government to solve any real or manufactured problem

the free market(capitalism) works lightning fast, creating new products and technology almost overnight . and those products work.

[Democrat_media]

same here

Ayn Rand’s Book “Atlas Shrugged” is coming true

so is Orwell’s 1984

the democrats are destroying the greatest civilization that ever was , for their religion of socialism

[Democrat_media]

The news media creates a false reality where global warming is real and science, where government is the solution to every problem , where individual rights like gun ownership are a threat.

the news media works by manipulating public perception so that socialist ideas previously thought of as radical begin to seem acceptable over time.The news media shapes our lives, our laws, and our future.

the news media shapes perception and so voting patterns, to vote socialist tyrants like obama in

[woofie]

What could possibly cause this?

[CSM]

“She has been waiting for permission for more than a year!”

Just imagine the coming utopia of the same occuring for required medical treatment!