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Thom's blog
America’s entrepreneurial class is dying
While small businesses have certainly taken a hit following the Bush Great Recession, the evidence shows that American entrepreneurs have been getting pummeled for more than thirty years. According to a new study released today by the New American Foundation, the number of entrepreneurs per capita has dropped by 53% since 1977. And since 1991, the number of Americans who are self-employed has dropped by more than 20%. In other words, Americans who use to be able to start their own businesses are increasingly being forced to join the ranks of the working poor.
That’s because our nation has forgotten how to foster an entrepreneurial class over the last thirty years. With massive tax cuts for the wealthy and for transnational corporations – the rich are getting richer and the big corporations are getting bigger. It doesn’t help that we no longer enforce the Sherman Anti-Trust Act and have jumped head-first into so-called Free Trade either, which has given way to giant transnational corporations that small business upstarts simply can’t compete with. Not only that, we’ve destroyed the social safety net in the country, which used to give Americans a chance to take risks and try new jobs because they had a net of security to fall in if they failed.
Today if they fail, they’re condemned to indefinite poverty – so no one can afford to take risks to start small businesses. This is the consequence of thirty years of Reaganomics – and it’s what Republicans today are doubling-down on.
-Thom
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Tonight on The Big Picture on RT TV at 9pm and 11pm... House repealing Obamacare...creating wage slavery? (check your local listings for stations or stream at RT, and catch past shows on Youtube)
Need to Know: House repealing Obamacare...creating wage slavery?
The Best of the Rest of the News...
America the Beautiful...Fire Sale for Foreign Corporations - Dr. Brian Moench, Utah Physicians for a Healthy Environment / Union of Concerned Scientists / Truthout, Common Dreams
Tax breaks for 10 years...where are the jobs?- David Selig, Federal Tax Practitioner.
Daily Take: Put an end to all Billionaires!
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Wednesday on The Thom Hartmann Program, 3-6pm ET
Hour One: House repealing Obamacare...creating wage slavery?
Hour Two: Put an end to all Billionaires!- Tanya Marchiol, Conservative Commentator / President-Team Investments Inc.
Hour Three: Tax breaks for 10 years...where are the jobs?
And, the best of the rest of the news and your calls right here on...
The Thom Hartmann Program...your media support group for "we the people"...TAG, YOU'RE IT!!!!!!!!! (OCCUPY SOMETHING!!!!!)
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Tuesday's Daily Stack
Quote: "In our personal ambitions we are individualists. But in our seeking for economic and political progress as a nation, we all go up or else all go down as one people" -- Franklin D. Roosevelt.
Hour One: Voter suppression...a legacy of slavery?
The Big Picture- Sam Sacks, The Big Picture producer, progressive commentator
GOP to vote –again tomorrow– to repeal the Affordable Care Act- Chairman/Congressman Steve Israel (D-NY, 2nd District), Democratic Congressional Campaign Committee
Hour Two: Should firefighters be making minimum wage...$7.25 per hour?- Peter Ferrara, Carleson Center for Public Policy
Hour Three: Would cutting the work week put everyone back to work?
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Thursday on The Thom Hartmann Program, 3-6pm ET
Hour Two: Voter suppression in Michigan- Senator Sherrod Brown (D-OH)
And, the best of the rest of the news and your calls right here on...
The Thom Hartmann Program...your media support group for "we the people"...TAG, YOU'RE IT!!!!!!!!! (OCCUPY SOMETHING!!!!!)
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Show Info
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Thom's Poll
Will America ever produce any societal changing Entrepreneurs again?
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Watch & Listen to Thom
Pass a Constitutional Amendment that Voting is a Right!
Crazy Alert! She Sold Her Soul to the Devil on EBay!
The Religious Right Field Tests Plan for Beating Obama
LIBOR - We Don't Call Them Banksters for Nothing
The Good, The Bad and the Very Very Mucillaginously Ugly!
Can Ron Paul Embarrass the Entire GOP Party in Tampa?
Your Take/My Take - Joe on Electronic Voting
Would Cutting the Work Week put Everyone Back to Work?
Or watch the Full "Big Picture" Show...
Full Show 7/10/12: Voting Rights for All!
Thom Hartmann on the News - July 10, 2012
Would cutting the work week put everyone back to work?
Thom Hartmann Vs. Peter Ferrara - minimum wage for firefighters
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