News for Entrepreneurs by Entrepreneurs

Research highlights include:

• The bloggers expect the greatest growth prospects over the next three years to be in interest rates, inflation and the budget deficit. U.S. output and jobs are expected to increase, but with about half the intensity of growth in global output.

• The panel assesses conditions as "bad" or "very bad" for small business (52 percent) and bank lending to business (51 percent) and individuals (50 percent). The outlook for entrepreneurs is a relative bright spot, with opinions mixed between bad conditions (36 percent) and good (26 percent).

• Seven out of 10 bloggers say the federal government is too involved in economic matters, and they share a clear consensus for action. Tax cuts, especially on payrolls, are recommended, and three ways to cut the deficit had overwhelming support: Medical entitlements, Social Security and Defense should all be reduced. 

I appreciate researchers and analysts. Their efforts and reports serve many purposes in my quest as an entrepreneur. One thing is certain, regardless of the results or projections, I remain movited. And you?

Full story on Kauffman.org.

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