Re: Is entrepreneurship dying in America?
Hi Boyd
Sorry I misspelled your first name on my last post.
>Is entrepreneurship dying in America?
>For the first time in more than 50 years, entrepreneurs are failing to
>lead the United States out of recession, government data suggest.
This is a new one on me . . .
>" entrepreneurs are failing to lead the United States out of recession,"
I always thought the consumer leads us out of a recession. The economy
is consumer feed. The Mom's and Pop's that make $60,000 or less a year
are the real driving force behind the economy. The sad thing is the middle
class is flat broke, credit cards are max-ed out, and their savings is about
zero. They refinanced their homes, now they have nothing to fall back on
when things get bad.
The entrepreneurs online or off-line success rate is about the same 95%
will fail within 5 years.
Regards,
D.R.(Don)McArdle
> Hi,
> Link is below.
> In other news the Dow is at support levels
> right now. If it breaks below 8200 it's not
> what would be called a good sign.
> Best,
> - Boyd
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