However, if you read this story you’ll find that in today’s world it is much harder for young people to start their own businesses. With the typical income of someone under 35 in America being $11,800, you can see how massive the challenge is!
I thought this article in Bloomberg’s Business week was a great example of what some of our Federal Stimulus dollars did for small business. While I didn’t support the bail-outs and still think it was a bad idea to put our country further in debt–here is some testimonials of how some used it to put other back to work.
As you can imagine, this is a huge cost to Metro and local governments. I often talk about government regulating business too much, and preventing the private sector from moving forward in a speedy and productive manner. The work card issue is a great example of big government trying to inject itself into the lives of businesses and workers.