Wednesday, September 28, 2011

The Myth of Job Creators and Small Business

After listening to this brief interview on NPR, I learned a little about the potential impact of the President's proposed job's plan, but I learned something even more interesting about how small businesses impact the economy.

Small businesses account for 90% of the nation's 6 million companies with paid employees, but they only account for about 20% of our nation's employed citizens. What this means to me is that all the noise we hear from politicians about the importance of supporting small business people is more political hype and rhetoric than it is effective economic policy. That's news to me.

Disagree? Listen to the interview and let me know.

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