3 ms·
Most businesses are small businesses, not ones run by mega millionaire CEOs.
by doopy1 5y ago
Most businesses are small businesses, not ones run by mega millionaire CEOs.
- PaulDavisThe1st 5y agobut where do most people actually work?
- ryathal 5y agoStill small businesses.
- PaulDavisThe1st 5y agoJP Morgan Chase don't agree with you in 2014: "48 percent of all US employees work for small businesses, down from 52 percent in the early 2000s." https://www.jpmorganchase.com/institute/research/small-business/small-business-dashboard/economic-activity https://www.jpmorganchase.com/institute/research/small-busin... The NYSSCPA didn't agree with you in 2017 either: "Since 2014, the latest year for which there is census data, this is no longer the case. At this point, 39.2 percent were employed at either a large or very large company, while 26.5 percent worked at mid-sized companies and 34.3 percent worked at small companies." https://www.nysscpa.org/news/publications/the-trusted-professional/article/more-americans-work-at-big-firms-than-small-ones-040717 https://www.nysscpa.org/news/publications/the-trusted-profes... Atkinson & Lind ("Big is Beautiful") didn't agree with you in 2019 either, specifically taking on what they call the "myth of small business as the engine of job creation" https://thereader.mitpress.mit.edu/small-business-job-creation-myth/ https://thereader.mitpress.mit.edu/small-business-job-creati... The Small Business Administration didn't agree with you in 2020: "According to small business statistics from SBA, small businesses make 99.9% of US businesses and employ 47.1% of US employees." https://smallbiztrends.com/small-business-statistics https://smallbiztrends.com/small-business-statistics
- tomc1985 5y agoIn terms of registrations, sure, but what about surface area? I can only think of very small pockets of places where the heavy majority of establishments are part of some megacorp The suburbs are especially bad....
- 6510 5y agoIn a lot of small business it are the land lords who get the best deal by a huge margin.