More business deaths in U.S. than births in 30 years

[dmcowen674]

5-8-2014

http://finance.yahoo.com/blogs/dail...-is-slowing-down--robert-litan-211423899.html

Americans love "Shark Tank" but few are becoming entrepreneurs



For the first time in 30 years, business "deaths" in the U.S. exceeded business "births"


A new business is born almost every minute in the United States, while an existing business fails every 80 seconds.


But that pattern is changing. For the first time in 30 years, business "deaths" in the U.S. exceeded business "births" and only 600,000 net new jobs were created in each quarter of 2012, according to a new report from the Brookings Institution titled "Declining Business Dynamism int he United States."


Robert Litan and his co-author Ian Hathaway studied two key measures of business dynamics: the creation of new businesses and job turnover in existing companies. What they found surprised them: "a long-term 30-year decline in both measures" nationally and in all but one of 366 metro major areas.

"This is really a problem that is geographically dispersed throughout the United States," says Litan

Litan doesn't doubt that "it's easier to get into business ... today than it ever has been before" as a result of cloud computing and the IT revolution. He says the popularity of shows like "Shark Tank" and "Silicon Valley" show a change in the "cultural zeitgeist." Yet despite these developments, "there's been a decline in entrepreneurial activity, and that's what been very puzzling," he notes.

 

[SaurusX]

Yup. Thanks, Obama.

 

[dmcowen674]

There is one thing wrong about Litan.

Why is he puzzled the U.S. is in decline?

Everything he is puzzled about is pretty well spelled out in here.

 

[Genx87]

http://www.buzzfeed.com/nicks29/11-crazy-laws-that-keep-you-from-getting-a-job-4y3w

https://www.youtube.com/watch?v=YQscE3Xed64

 

[Atreus21]

Thread title: More business deaths in U.S. than births for first time in history

First line in linked article:For the first time in 30 years, business "deaths" in the U.S. exceeded business "births"

 

[Attic]

Makes sense. It's becoming more and more difficult to start a business for a number of reasons.

Increased regulations, costs, competition and of course corporate welfare to the likes of Walmart that helps stamp out small business opurtunities to compete.


Sorry, I have to take a chance to slam Walmart whenever remotely possible.


We can buy american to help, but really who can afford to do that these days?

 

[Newell Steamer]

Clearly, those businesses that failed were a result of the crippling drug addiction the owner(s) have.

Oh, as well as the weekly abortions, tattoos and drinking.

 

[brycejones]

Yup. Thanks, Obama.

Awesome in before the OP, you won the race!

 

[HumblePie]

Clearly, those businesses that failed were a result of the crippling drug addiction the owner(s) have.

Oh, as well as the weekly abortions, tattoos and drinking.

and TEH GAYS! lets not forget about TEH GAYS!


stupid fucking happy people always messing stuff up for others.

 

[Thebobo]

Thread title: More business deaths in U.S. than births for first time in history

First line in linked article:For the first time in 30 years, business "deaths" in the U.S. exceeded business "births"

yea way to mislead a thread need to change that.

 

[Thebobo]

Yup. .

Been happening since at least the 70s. and most of the decline was way before he was president

And it looks like entry is slowly coming back up, Thanks, Obama! :|

.

 

[dmcowen674]

Thread title: More business deaths in U.S. than births for first time in history

First line in linked article:For the first time in 30 years, business "deaths" in the U.S. exceeded business "births"

I changed it.

It's longer than that but many things like this were not recorded for stats.

Not surprising those like you that support the decline of America would be disingenuous as usual.

 

[dmcowen674]

Originally Posted by Atreus21
Thread title: More business deaths in U.S. than births for first time in history

First line in linked article:For the first time in 30 years, business "deaths" in the U.S. exceeded business "births"

yea way to mislead a thread need to change that.

Changed it for you fellow America haters.

Congrats on winning in your agenda for the decline of America.

 

[Fern]

No surprise.

Despite much cheering to contrary the economy is not getting better in any meaningful way.

Not many reasons to start a business in this environment.

Many businesses have been hanging on for as long as they could hoping for a turn around. But you can't hang on forever.

Fern

 

[fskimospy]

No surprise.

Despite much cheering to contrary the economy is not getting better in any meaningful way.

Not many reasons to start a business in this environment.

Many businesses have been hanging on for as long as they could hoping for a turn around. But you can't hang on forever.

Fern

What would you consider to be getting better in a meaningful way?

 

[First]

http://www.buzzfeed.com/nicks29/11-crazy-laws-that-keep-you-from-getting-a-job-4y3w

https://www.youtube.com/watch?v=YQscE3Xed64

lol. Produced by people who have never started a business.

 

[Anarchist420]

if it werent for the bailouts then this country would be in much better shape. cutting public spending, cutting taxes, and letting the banks fail worked wonders in 1819, 1837, and 1921. but increasing taxes, spending, and bailing out banks has never worked and it never will.

dr paul 2012 was the last chance to restore America but the RNC wouldnt allow any of that.

just dont get your ass kicked in the meltdown

 

[First]

if it werent for the bailouts then this country would be in much better shape. cutting public spending, cutting taxes, and letting the banks fail worked wonders in 1819, 1837, and 1921. but increasing taxes, spending, and bailing out banks has never worked and it never will.

dr paul 2012 was the last chance to restore America but the RNC wouldnt allow any of that.

just dont get your ass kicked in the meltdown

The banking panics of the 19th century were quantifiably disastrous. These bank runs left most depositors completely broke, through no fault of the depositors themselves, destroying investment, development and lending as a result. Absolutely avoidable with insurance, charter regs and oversight.

Stick to the ward, nutter.

 

[Sonikku]

Starting a business is simple. Just make it a big business instead of a small business is all. Spend a few million on campaign funds and super pacs that will net you favorable legislation and overly generous subsidies and allow the economics of scale of your big business to take care of the rest.

 

[MongGrel]

Of course there are.

The Major Corporations have been shipping jobs overseas non stop for over 20 years.

Anyone thinking anything else about causality is pretty dense at this point.

Yelling Obama like an idiot isn't going to change that.

 

[MongGrel]

http://www.youtube.com/watch?v=8y06NSBBRtY

Things like this enabled people like Cheney etc and many others to make a crapload of money and invest it overseas, etc etc.

And take it directly from government tax money, like so many.

Per say Rick Scott in FL and instead of getting prosecuted over his shady Health Care scams gets idiots to elect him Governor.

These Ivy League twits have been screwing America for years, and people keep electing them like idiots.

 

[MongGrel]

Go look up the guy that taught Karl Rove his BS, I forget his name the one that went all "oh god I'm sorry for what I did" right before he died.

Pathetic assholes.

 

[fskimospy]

if it werent for the bailouts then this country would be in much better shape. cutting public spending, cutting taxes, and letting the banks fail worked wonders in 1819, 1837, and 1921. but increasing taxes, spending, and bailing out banks has never worked and it never will.

dr paul 2012 was the last chance to restore America but the RNC wouldnt allow any of that.

just dont get your ass kicked in the meltdown

Letting the banks fail worked really well in 1929.

 

[DucatiMonster696]

Letting the banks fail worked really well in 1929.

Now tell me about "income inequality" in the next breath.

 

[LegendKiller]

Now tell me about "income inequality" in the next breath.

Correlation does not imply causation.

Income inequality accelerated in the 1970s, got much worse in the 80s, 90s, and early 2000s. None of that was because of the Fed.

Track this to the booming equity markets, declining diverse stock ownership, declining capital gains taxes, increasing, foreign competition having closed markets while we let ours fly wide open, and influence of the super wealthy in politics.