Wednesday, June 11, 2008

We've Got Good News and...

'Churn' Good for Growth and Productivity

"Job losses and business failures are certainly distressing to the individual... the churning process replaces lower productivity businesses with new, more productive ones, thereby increasing productivity and raising living standards."

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Wells Fargo/Gallup: Small Business Confidence at Record Lows

"confidence has been dropping for more than a year...A number of factors are scaring small business owners--especially concerns about future cash flow."

© 2008 The Public Forum Institute and the National Dialogue on Entrepreneurship

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