Money

Economic Death Spiral: More American Businesses Dying than Starting

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Small Business - Public Domain

In a stunning Tuesday report, Gallup CEO and Chairman Jim Clifton revealed that “for the first time in 35 years, American business deaths now outnumber business births.”

Clifton says for the past six years since 2008, employer business startups have fallen below the business failure rate, spurring what he calls “an underground earthquake” that only stands to worsen as lagging U.S. Census data becomes available.

“Let’s get one thing clear: This economy is never truly coming back unless we reverse the birth and death trends of American businesses,” writes Clifton.

(Read the rest of the story here…)

  • gustafus

    We need a Teddy Roosevelt = Main St president. WE are the engine of the world economy, And we’re tapped out.

    So they print money.. banks lend it to those who speculate instead of those who purchase… and we spiral ever downward.

    DESPERATION SOLUTIONS

    FIRST … stop voting. Below a certain percentage, our governors will lose credibility… that’s the only scenario I can imagine wherein we can take back the country.

    NEXT

    Support insurrection… in any form. Inner city blacks have had an enormous impact on police corruption and brutality… because they HAVE NOTHING TO LOSE.

    The American consumer… the underemployed white suburban must reach that same level of desperation.,… and we CAN throw the bums out. Successful revolt starts with those with nothing left to lose… we must support them

    Then we can

    Take back government, trade and borders through passive resistence. We need to tell multi national interests..

    You Make it here… or it gets taxed at the ports. END OF DISCUSSION. That simple resistence will put us all back to work. And at affordable wages.. because tariffs are an expensive alternative… as it is, we don’t get that leverage on our masters because we don’t get to choose real leadership

    Take back America through resistance to the phony baloney candidates Tweedles Dum or Dee… when percentages fall below 30% we have more leverage to disobey… to resist.. and to overthrow a government that is systematically bankrupting the nation with foreign interests.. multi national corporate interests… and the End of the AMERICAN MIDDLE CLASS.

    Stop them now… do not VOTE>.. and resist as your conscience grows and your wallet empties… they can’t kill us all… they can’t afford to imprison us all,

    Follow the lead of inner city blacks… they aren’t gonna take it anymore. And neither should we. it’s got to be a grass roots… last ditch… all or nothing war on the status quo.

    As we lose everything… we have less and less to lose in the war on multi national ownership of this former great economic engine.

    When we have nothing left to lose… THAT’s when the shootin starts Right now we are suffering a death of a thousand cuts.. we’re dying and don’t know it… we’re angry, but not enough to risk what we have left to DO SOMETHING.

    We are still eating, heating our shrinking homes,,, and feeding our unemployed kids…. We’re almost at the breaking point… and then the energy released will be HUGE.

    In Europe right now.. you can’t park a black mercedes outside at night… guess why?

    It’s begun… and we don’t speak of it here.

  • George_Costanza

    No we need a Citizens’ Quorum.
    Every election needs a box for: NONE OF THE ABOVE
    and if NOTA gets 50% or more, that position is left vacant. {remember the old saying, stop voting-it just encourages them}

    Imagine the lines of people who would vote for spite.