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When there is competition among companies won’t that create more jobs in the long run?

How important are small businesses to the U.S. economy?

Small firms:
Represent 99.7 percent of all employer firms.
Employ just over half of all private sector employees.
Pay 44 percent of total U.S. private payroll.
Have generated 64 percent of net new jobs over the past 15 years.
Create more than half of the nonfarm private gross domestic product (GDP).
Hire 40 percent of high tech workers (such as scientists, engineers, and computer programmers).
Are 52 percent home-based and 2 percent franchises.
Made up 97.3 percent of all identified exporters and produced 30.2 percent of the known export value in FY 2007.
Produce 13 times more patents per employee than large patenting firms; these patents are twice as likely as large firm patents to be among the one percent most cited.

http://www.sba.gov/advocacy/7495/8420

Small businesses create jobs not big businesses, Wall Street would be better off if there were more small businesses competing with one another. Remember its the small businesses that grow into big ones and where you can make the most money in investing. Those are the Growth companies you keep hearing about.

Everyone wins like this.

True, but Republicans and Liberals are in bed with corporations and special interest groups. We have hundreds of thousands of pages of regulations, a complex tax system, a poor financial market, and a government more interested in welfare than to encourage independence and risk taking.


4 Responses to “When there is competition among companies won’t that create more jobs in the long run?”

  1. No More Dems or GOP says:

    Unlikely. As long as corporations find it cheaper to outsource the labor, they will not create any jobs in the U.S.

    The first and foremost loyalty any corporation has is to its bottom line. Patriotism is not part of the equation.
    References :

  2. Joe Heaton says:

    Sure, Ideally.

    But small companies inevitably become absorbed by larger companies – or are bought out by companies who don’t want competition.

    It’s here where I say that Modern Republicanism – as an Ideology – will ALWAYS support LARGE corporations at the expense of small corporations.

    And once these corporations become large enough – the GOP will ALWAYS support their malfeasance and efforts to create monopolies.

    As an Ideology – Modern Republicanism is OPPOSED to true competition and true capitalism.

    They favor monopolies.

    Thanks!
    References :

  3. N0rthMan says:

    True, but Republicans and Liberals are in bed with corporations and special interest groups. We have hundreds of thousands of pages of regulations, a complex tax system, a poor financial market, and a government more interested in welfare than to encourage independence and risk taking.
    References :
    I’m a Libertarian

  4. niHil says:

    maybe at one time. Not now.
    Obama and the democrats have given the EPA free reign to halt businesses and pull restrictions out of a hat.
    Obama and the democrats have made up over 370 job killing regulations in july alone.

    They are against business and the free market.
    References :