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A Startup Slump Is a Drag on the Economy. Big Business May Be to Blame

• dv_dt 9y ago
  "Economists and other experts have pointed to a range of possible explanations: The aging of the baby-boom generation has left fewer Americans in their prime business-starting years. The decline of community banks and the collapse of the market for home-equity loans may have made it harder for would-be entrepreneurs to get access to capital." Self funding is not mentioned - the stagnation of wages and inflation of the cost of necessities like housing and healthcare would seem to be to be a major detriment to access to capital. It's been getting gradually worse for everyone, but see "Millennial housing costs at 3x higher proportion of their income then their grandparents" also in queue, along with trends like the lading of student loans onto that same generation. Bootstrapping with those kind of pressures is almost impossibly squeezed except for extremely low capital businesses.