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Job Decline

Imagine a small airstrip where single-seat planes head down the runway, get 100 feet into the air and crash back to Earth, joining a heap of wreckage that grows by the day.

You'd think this might discourage people deciding to become a pilot.

That's a snapshot of what the recent recession did to many small businesses in America, where beneath the wreckage of failed companies lies a collection of would-be entrepreneurs. Economic funk, poor sales, tight credit, competition from new entrepreneurs abroad—all either choked existing businesses or caused aspiring entrepreneurs to hunker down and not take the leap.

 

To read the full, original article click on this link: The Business: America's Shrinking Entrepreneurial Class - WSJ.com

Author:JOHN BUSSEY