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Opinion

Why Small Businesses Fail

As everyone knows, owning and operating a small business is risky. According to the U.S. Small Business Administration (SBA), 50 percent of new businesses will survive five years or more. The percentage of businesses that will survive 10 or more years is only 33 percent. The probability of survival increases with the firm’s age. It […]

The Budget Process Remains Broken

Think about this for a moment: Two days away from a federal shutdown, Congress comes up with a stopgap measure to keep the government operating — for a week. A few days later, it arrives at a bipartisan budget deal lasting a bit over four months. This, in turn, moves the president to take to

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