Insights into the world of small business lending and development
To Create More Economic Dynamism, Empower Entrepreneurs Of Color
The Trump administration bills tax reform as a way to spur job creation and restore the middle class. But fiddling with tax rates won’t solve the underlying crisis that’s been brewing for decades: Our failure to invest in future entrepreneurs–the engines of job creation. Between 1978 and 2011, the number of new businesses dropped by nearly half, with business deaths ultimately exceeding births for the first time in recent history. Though we’ve seen some growth in business births since 2011, there is still much room for improvement.