Dr Jeff Cornwall

The Impact of Small Business on Job Creation

A study by John Haltiwanger of the University of Maryland and Ron Jarmin and Javier Miranda of the Census Bureau offers support to those of us who have been preaching that bailouts to floundering corporations and huge public works projects will not create sustainable job growth.

Take a look at this graph from their study that shows net job creation by company size:

 

See that really tall column in the corner?  That is new companies under 50 employees.  What these small companies need is lower taxes, less regulation and strong property rights.

Thanks to Ben Cunningham for passing this along.