Declining Business Dynamism in the United States: A Look at States and Metros

Brookings ^ | May 5, 2014 | Ian Hathaway and Robert E. Litan

[george76]

Business dynamism is the process by which firms continually are born, fail, expand, and contract, as some jobs are created, others are destroyed, and others still are turned over. Research has firmly established that this dynamic process is vital to productivity and sustained economic growth. Entrepreneurs play a critical role in this process, and in net job creation.

...

But recent research shows that dynamism is slowing down. Business churning and new firm formations have been on a persistent decline during the last few decades, and the pace of net job creation has been subdued. This decline has been documented across a broad range of sectors in the U.S. economy, even in high-tech.

[kearnyirish2]

Those regulations strangle small businesses, but I’m sure the government doesn’t want them around anymore anyway. Many private individuals built their wealth with them, handed them down through generations, and government is bristling that they can’t push the same social engineering/hiring nonsense on them that they’ve managed to with huge corporations (which basically function as government agencies at this point in terms of keeping tokens and diversity directors on the payroll.

[Cringing Negativism Network]

http://www.census.gov/foreign-trade/balance/c5700.html#2013

Just saying. Last year:

Imported from China, to America (made by Chinese workers): 440 billion dollars.

Exported from America, to China (made by American workers): 122 billion dollars.

America is starving right now. Shrinking.

America needs to get back to making things. Right here in America.

Just saying.