Tag Archives: job creation

Entrepreneurial struggles following the Great Recession

We are not creating new businesses in the USA at the rate we used to. A mixture of factors has contributed to this (as is pointed out in the attached article) but crony capitalism and overegulation (the two are tied) are the chief culprits in my estimation.

It’s always been hard to start a business. It’s always been hard to take an idea, make it grow, and then make it grow profitably. But in an increasingly crony and regulated economy it’s even harder. It’s one thing to have a short stack at a poker table. It’s something different to have the short stack while the big stack established firms get to change the rules of the game and take some of your stack with each hand.

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Mark Cuban: Government Gets In the Way of Job Creation

In the attached article John Stossel discusses his interview of Dallas Mavericks owner and entrepreneur, Mark Cuban. Cuban laments that given the level of regulation business owners must deal with today, it would be much harder now to achieve the level of success he has, and to create the jobs he has, than when he started.

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