4est_4est_Gump
Run Forrest! RUN!
- Joined
- Sep 19, 2011
- Posts
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Via the protection of regulation. Here's a demonstration:
Interactive map of job creation
http://macroblog.typepad.com/macrob...l&utm_campaign=Feed:+typepad/RUQt+(macroblog)
How hard is it for a minority trying to rise up with a good idea to understand and comply with all of the various regulations and laws designed to protect him from the evils of big business?

Interactive map of job creation
http://macroblog.typepad.com/macrob...l&utm_campaign=Feed:+typepad/RUQt+(macroblog)
Read more at http://globaleconomicanalysis.blogspot.com/#qGuzZ86LDhYIb3q0.99Colors represent age categories, and the sizes of the dot represent size categories. So, for example, the biggest blue dot in the far northeast quadrant shows the average rate of job creation and destruction for firms that are very young and very large. The tiny blue dot in the far east region of the chart represents the average rate of job creation and destruction for firms that are very young and very small. If an age-size dot is above the 45-degree line, then average net job creation of that firm size-age combination is positive—that is, more jobs are created than destroyed at those firms. (Note that the chart excludes firms less than one year old because, by definition in the data, they can have only job creation.)
The chart shows two things. First, the rate of job creation and destruction tends to decline with firm age. Younger firms of all sizes tend to have higher job-creation (and job-destruction) rates than their older counterparts. That is, the blue dots tend to lie above the green dots, and the green dots tend to be above the orange dots.
The second feature is that the rate of job creation at larger firms of all ages tends to exceed the rate of job destruction, whereas small firms tend to destroy more jobs than they create, on net. That is, the larger dots tend to lie above the 45-degree line, but the smaller dots are below the 45-degree line.
Apart from new firms, it seems that the combination of youth (between one and ten years old) and size (more than 250 employees) has tended to yield the highest rate of net job creation.
Appearances vs. Reality
It's not small vs. large but rather old vs. new in conjunction with small vs. large.
But what about the influence of regulations, of unions, of Fed policies, of local taxes, federal taxes, and currency manipulations everywhere one looks?
Since regulations and tax laws overwhelmingly favor large corporations over small corporations (thanks to huge campaign contributions from the former vs. latter), I ask a simple question: Are the Wall Street Journal and Fed reports totally worthless?
How hard is it for a minority trying to rise up with a good idea to understand and comply with all of the various regulations and laws designed to protect him from the evils of big business?