Here's a sobering fact: American entrepreneurship is in decline for the first time since the U.S. government started measuring it.
And U.S. Census Bureau data show the U.S. ranks “12th among developed nations in terms of business startup activity,” according to Jim Clifton, chairman and CEO of Gallup.
Believe it or not, when measured in per-capita terms, socialist countries such as Denmark, Finland, New Zealand and Sweden now have more startups than we do.