More Small Businesses Started In 2009 Than During The Last 14 Years
So much for the anti-business meme against Obamanomics…
More entrepreneurs launched new businesses in 2009 than at any other time in the past 14 years, according to a study released Thursday.
The figures from the Kauffman Index of Entrepreneurial Activity report that entrepreneurs have remained a strength of the U.S. economy amid one of the worst recessions on record.
“Entrepreneurship in America is unbelievably resilient,” said Dane Stangler, a research manager for Kauffman.
So what does this mean?
Well, first off…jobs, jobs, jobs!
These are the folks who didn’t feel the credit crunch because they started their own businesses with their own money…and some help from the government’s fiscal stimulus…which came in the form of grants and loans for small businesses.
More as it develops…