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U.S. startups hits 25-year low
Orange County Register (CA) ^ | February 15, 2012 | by Jan Norman

Posted on 02/15/2012 11:40:08 AM PST by Oldeconomybuyer

Unemployed Americans who started businesses last year was the lowest in at least a quarter-century.

In 2011, 3.3% of out-of-work Americans started businesses, compared to 4.7% in 2010. But recent start-up activity is anemic compared to 1989 when 20.3% of unemployed were starting businesses. Until 1997, start-up activity was typically in double digits.

“Basically, it was not a very inviting environment for would-be entrepreneurs,” said John A. Challenger, CEO of Challenger, Gray & Christmas. “While big business definitely began to reap the benefits of the recovery in 2011, conditions were not nearly as fruitful for existing small business, let along those attempting to get up off the ground.”

(Excerpt) Read more at jan.ocregister.com ...


TOPICS: Business/Economy; Culture/Society; Front Page News; News/Current Events; Politics/Elections
KEYWORDS: bhoeconomy; business; failure; nobama2012; obama; obamanomics; socialism; unemployment

1 posted on 02/15/2012 11:40:20 AM PST by Oldeconomybuyer
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To: Oldeconomybuyer

This problem could easily be fixed with a $3 trillion dollar stimulus bill aimed at unions....


2 posted on 02/15/2012 11:43:56 AM PST by Psycho_Bunny (Now I know how the average lefty would feel if Fred Phelps were elected President.)
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To: Oldeconomybuyer

Wait. According to Romney and “The Five” we are in a recovery!

How can this be?

Oh noes!

And let me say this is both Hugh and Surius!


3 posted on 02/15/2012 11:44:59 AM PST by ChinaGotTheGoodsOnClinton (Go Egypt on 0bama)
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To: Oldeconomybuyer

Tell me about it. My last two start-ups died due to lack of funding.

Anyone interested in investing in the world’s cheapest pressure/flow/acceleration sensors?


4 posted on 02/15/2012 11:52:18 AM PST by null and void (Day 1121 of America's ObamaVacation from reality [Heroes aren't made, Frank, they're cornered...])
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To: Oldeconomybuyer

The answer is simple. With unemployment payments spurring an economic boom so great that gas prices are going through the roof, there’s little need to start new businesses.


5 posted on 02/15/2012 11:54:29 AM PST by St_Thomas_Aquinas (Viva Christo Rey!)
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To: Oldeconomybuyer

Why would anyone start a business with this over-regulated business climate?


6 posted on 02/15/2012 11:56:22 AM PST by dfwgator (Don't wake up in a roadside ditch. Get rid of Romney.)
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To: Oldeconomybuyer

Where did you hear this Faux News?!
Oh, no, not Fox?

Ok, well, the Republicans are killing business on purpose to hurt Obama! It’s all the fault of the Republican controlled House, not the Democrat controlled White House, Senate, and the more than 40 czars!

/< liberals, moderates and assorted other American morons>


7 posted on 02/15/2012 12:02:36 PM PST by brownsfan (Aldous Huxley and Mike Judge were right.)
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We're also going to try to replace some of our older servers and failing equipment this year so we're going to add a little extra to our FReepathon goals. John is estimating ten to fifteen thousand to do this and I'd like to get it all in place and working before the election cycle is fully heated up, so we'll try to bring in a little more now if we can and the rest next quarter.
Jim Robinson


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Support Activist Free Republic

8 posted on 02/15/2012 12:22:19 PM PST by DJ MacWoW (America! The wolves are here! What will you do?)
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To: Oldeconomybuyer

Sarbanes Oxley. Guilty, Guilty, Guilty!


9 posted on 02/15/2012 1:11:23 PM PST by Uncle Miltie (Gore Lauds Romney on Climate Position; 0bamaCare was based on RomneyCare.)
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To: dfwgator
Why would anyone start a business with this over-regulated business climate?

Thanks for the reminder.

I've got to fire up the CAD software at home every month or so to keep the processors from getting lazy and forgetting how to run 'em.

Used to have a pretty good little consulting/machine design business that I would run out of my home office.

...Used to.....

Not even worth the time and money to print business cards in this CHARLEY FOXTROT.

10 posted on 02/15/2012 1:12:50 PM PST by Unrepentant VN Vet ((338 and a wakeup) Truth, I know, always resides wherever brave men still have ammunition.)
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