Entrepreneurialism in this country is actually on the decline

GreenRiverGatorz said:

2001400ex said:

GreenRiverGatorz said:

I won't lie, these statistics take me by surprise. Even with several decades of deregulation and falling tax rates, the percentage of Americans starting their own business has been steadily falling. What's causing this? I blame a combination of a millennial generation that has no interest in risking their own skin to start a business, and the rise of mega-conglomerations that are constantly merging with one another and offering perks and benefits that are too enticing to pass up for the would-be entrepreneur. I don't know if it's necessarily a bad thing that start-ups are declining, but it's an interesting phenomenon nonetheless.

https://www.washingtonpost.com/opinions/why-is-the-number-of-us-start-ups-falling/2016/05/19/53fe8e04-1ded-11e6-9c81-4be1c14fb8c8_story.html

There was such an expansion of start ups in the 80s and 90s for various reasons. Cyclically, there will be ups and downs. It's not a millennial thing, Obama thing, or regulations thing.

I'm not sure I buy that. Business cycles typically last less than a decade. This is a three-decade decline we're witnessing. That's a long-term economic trend you can't really ignore.