The Patriot Post® · Business Deaths Exceed Creation

Last month’s jobs report continued a string of perpetually bad economic figures under the Obama recovery, with another 800,000 workers leaving the labor force. But a new Brookings Institute analysis charts the economic effect on entrepreneurs. Their startling new study finds that “business deaths now exceed business births for the first time in the thirty-plus-year history of our data.” The precipitous decline began long ago, but Obamanomics – high corporate tax rates, ObamaCare and excessive regulations – have only exacerbated the situation.