Some people have asked me if I really think that entrepreneurship is the solution for the recession and the American economic woes we have right now.
My answer is: IN PART.
New business ventures and startups will create jobs, but I don’t believe entrepreneurship will generate the volumes and kinds of jobs that we need to pull our economy out of this current situation. (See Steve Ratner’s charts from MSNBC’s Morning Joe program about this.) It won’t solve the problem of our out-of-control national debt, but it will help develop a new source of tax revenue and create wealth in our country. It won’t cure the affliction of this new strain of structured unemployment that we seem to have – where people who want to work are not skilled or interested in the job openings that exist. We need a multi-purpose plan to solve this. I know this and have written about it. I don’t pretend to have the solution, but I have some ideas.
To read the full, original article click on this link: Why entrepreneurship matters right now …and how the west was won
