The Real Engine of Job Creation (not the White House)

We know that virtually all of the new employment (and hence incremental consumption) in the U.S. economy comes from small companies. It stands to reason that anything inhibiting new ventures - credit, capital financing, rules and regulations, lack of skilled labor, labor immobility, taxes, technology, and access to markets - serve only to arrest job creation.

Here is an example of a company on the West Coast that is in the business of creating businesses.

I have yet to see the current administration capable of or willing to foster the emergence of such companies. All we hear is how small companies will be taxed to pay for the healthcare and unemployment benefits of workers displaced from large companies that have lost their competitiveness.

The current administration, it seems, is bent on pouring sand into the country's engine of employment.