2013-02-02

Entrepreneurship Is Vital To Real Growth

There will be no real growth in the economy until we change our mindset. Pure and simple. Down south, they have a government that's hideously married to a paternalistic top-down approach in guiding a redistributive economy driven by higher taxes.

That's a recipe for stagnation.

We're no better up here and in Quebec, we're on par with Obamanomics.

The results speak for themselves.

Tattered and battered.

Let the economy grow from the BOTTOM-UP. Man is a self-organizing organism. It needs not the heavy burden of over-regulation nor is it helpful to protect big businesses in hopes of staving off an economic collapse.

Change. The. Mindset.

From Forbes:

"...Indeed, all those large firms we admire started off small. This “finding” should be no surprise of course, nor is stumbling on this truth a basis for changing government policy (not that government policy is particularly helpful to small firms to begin with)...."

"...The Citi authors note that the “start up” rate for new firms has declined from about 12 percent in 1980 to only 8 percent today. The growth of government may well be a cause. Over the same period, government’s share of our GDP has grown steadily as has the volume of regulations. Regulatory compliance per worker is much higher for small firms than for large ones, according to the SBA, and affirmed by the millions of small firms all over the nation. Dealing with government is a “regressive tax,” favoring “largeness” and discouraging the entrepreneurship that the authors feel is critical to our future economic success. With 90 percent of our employer firms having fewer than 20 employees, government, through taxes, tax complexity and regulations, handicaps existing employers and discourages new ones from starting..."

Entrepreneurship doesn't begin with government initiatives. It begins with HUMAN INITIATIVE.

Voters have to begin to understand this - fast.

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