The Brookings Institute is out with a new finding that may not surprise anyone. They looked at the rates of new business creation and destruction since the late 70s and have found that the American economy is at the lowest point of entrepreneurial-ism in the last three decades. The most startling discovery focused on the last three years, wherein businesses where going under at a much higher rate than they were being created, so it’s not just jobs we’re not creating, it’s entire businesses.
Links
-> U.S. Businesses Are Being Destroyed Faster Than They’re Being Created
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-> Sen. Introduces Bill To Test Out Taxing Motorists For Every Mile They Drive
-> Chinese E-commerce Giant Alibaba Files For Massive IPO
-> Even Congress Can’t Stop Obama On Global Warming
-> 4 Countries That Are Leaving Silicon Valley In Their Tracks
-> The Creepy Future of Wearable Tech in the Workplace
Top Photo: davic via Flickr
