That’s what’s happening, according to recent testimony before the House Small Business Committee. John Dearie, executive VP of the Financial Services Forum, a trade organization in D.C., reported that only 8% of companies are in business less than one year, compared with the 15% rate in effect since the 1970s. And for the first time in 30 years, business deaths (closures, bankruptcies) are exceeding business births. What do you think the government can or should do?
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