More jobs killing new business growth (Reads like something out of Pravda)

As more and more Americans find jobs, it's having a chilling effect on potential new entrepreneurs, according to a new industry report.

Last year, 476,000 new businesses were created each month, mostly in the construction and services industries, according to the Kauffman Index of entrepreneurial activity.

How about this?
"People are not attempting the American Dream of starting their own business because the government makes it impossible, so they find jobs instead."

Oh wait, that headline is for the next Republican administration.

For now, we'll use this one:
"With so many high paying good jobs available in this recovery BOOM created by our Dear Saviour Obama, people don't need to start new businesses."
There that headline will do for our Holy One.

“I’d like to see a breakdown by state and county of this number please”

http://www.kauffman.org/what-we-do/research/kauffman-index-of-entrepreneurial-activity

The source. Kauffman Foundation. Lots of data for the hound in you.

I work with small biz’s as advisor from time to time as part of an angel investor group. What I am seeing is the dwindling of new starts/deals as people who had the skills, time, or capital to start a biz have been tapped out by the 2007-2014 depression/recession.

There was a burst of new businesses in the period 2008-2010 as jobs losses peaked. Those that could afford to start a new biz, by and large have. Many depend their savings, retirement and energy and then slip into the dependent class. I see this a great deal in boomers who have another 10 to 15 years of productive life in them...but Obama has crushed it out of them. No jobs. Hostile start-up environment. Retire early or disability.

The engine is running dry.

The recent stats I am working with show failure rates for new businesses is in the first 5 years is 75%.....only 1 in 4 survive that long. Profits have collapsed as well with many surviving businesses paying for themselves, but paying the owner very little to nothing.

You won’t see this on CNN or Fox News Business reports.

I make reload ammo to sell to my neighbors,
I work on small engines for my neighbors,
I have a paintbooth where I paint motorcycles,
I restore old replica rifles and black powder pistols or grandpa’s 60 year old shotgun.
I fix small, easily fixable things for my neighbor’s rifles and guns.
I refinish rifle’s woodstock in original wood or convert to black tactical or cammo.

All this I do in my garage in my spare time.

Does Pelosi say that is 6 new small businesses?

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