Tuesday, February 16, 2016

Tuesday Heresy Quartet 4 of 4: For a strong economy, encourage home-grown entrepreneurs and start-ups.

I seem to recall one of the mayoral candidates saying something remarkably similar.

State Job Creation Strategies Often Off Base, by Michael Mazerov and Michael Leachman (Center on Budget and Policy Priorities)

To create jobs and build strong economies, states should focus on producing more home-grown entrepreneurs and on helping startups and young, fast-growing firms already located in the state to survive and to grow ― not on cutting taxes and trying to lure businesses from other states. That’s the conclusion from a new analysis of data about which businesses create jobs and where they create them.

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