Sunday, April 24, 2011

US Behind in Percentage of Small Business-Who Knew?

Everyone seems to agree that the US is a beacon to the rest of the world when it comes to encouraging small business. Everybody seems to be wrong.

A report from the Center for Economic and Policy Research comparing major industrial countries shows we are way behind.

Why are there so many more small businesses in other countries?

The center speculates that the reason is that the other countries all have some form of universal health care, which removes an important economic obstacle to businesses.

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