Start-Ups Create Lasting Jobs

A recent report from the Ewing Marion Kauffman Foundation entitled After Inception – How Enduring is Job Creation by Start-ups?”, uncovered several notable findings about the job creation power of start-ups:

  1. The number of start-ups that flourish and create jobs balances the jobs lost by companies that close.
  2. 80% of the jobs created in the first year are still here after 5 years.
  3. Companies that start during recessions general catch up in hiring after the recession ends.

So what? (more…)

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Taxachusetts? Not this time!

As you know, Scott Brown, a Republican, defeated the Democratic candidate to fill Sen. Ted Kennedy’s U.S. Senate seat, a stunning reversal of Massachusetts trends of the last 50 years, for a seat that the Dems thought they couldn’t lose.

While there is certain to be a lot of political fallout and spin doctors massaging the message, it’s hard to argue that the health care reform razzle-dazzle isn’t part of it. As I’ve said before, I doubt that there’s a single American, let alone a U.S. Senator, who could even tell you, clearly and plainly, what the bill looks like today.

You can find other articles in Sword Tips discussing some of these provisions, and the lack of cost-saving provisions. I think what Americans resent is the enormous resources devoted to an omnibus bill of gargantuan proportions, unread by virtually all, that has jumped ahead of job creation and economic stability for so many Americans. (more…)

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