According to the Obama administration that is. However, check out this story:
U.S. businesses are being destroyed faster than theyre being created
By Christopher Ingraham, May 5 @ U.S. businesses are being destroyed faster than they?re being created
Not only this, but the surest sign of the Misery Index of our current economy is the amazing number of vacant store fronts one sees while driving around. Each one represents the loss of more jobs and more opportunities to get ahead.
U.S. businesses are being destroyed faster than theyre being created
By Christopher Ingraham, May 5 @ U.S. businesses are being destroyed faster than they?re being created
Not only that, but during the most recent three years of the study -- 2009, 2010 and 2011 -- businesses were collapsing faster than they were being formed, a first. Overall, new businesses creation (measured as the share of all businesses less than one year old) declined by about half from 1978 to 2011.
Not only this, but the surest sign of the Misery Index of our current economy is the amazing number of vacant store fronts one sees while driving around. Each one represents the loss of more jobs and more opportunities to get ahead.