There is no way to give this a positive spin, obama's socialist policies are killing our economy.
"The American economy is less entrepreneurial now than at any point in the last three decades. That's the conclusion of a new study out from the Brookings Institution, which looks at the rates of new business creation and destruction since 1978.
Not only that, but during the most recent three years of the study -- 2009, 2010 and 2011 -- businesses were collapsing faster than they were being formed, a first. Overall, new businesses creation (measured as the share of all businesses less than one year old) declined by about half from 1978 to 2011."
Just going out on a limb here, but perhaps an additional $73 billion in government regulations each year have something to do with it? Not to mention the 400-plus employers that have cut hours or positions because of Obamacare—or the overall hostile business climate in which businesses are reminded they didn’t achieve anything on their own.
So much for jobs being “saved or created.”
More Businesses Shutting Down than Starting Up | The Weekly Standard