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Tuesday, April 18, 2006

Black-owned Biz Growth

Black start-up businesses are growing at a remarkable rate per the US Census. Elwin Green, of the Pittsburgh Post-Gazette, writes:

The report, "Survey of Business Owners: Black-Owned Firms: 2002," says that between 1997 and 2002, the number of black-owned businesses in the United States rose 45 percent to 1.2 million, while the combined revenue increased 25 percent to $88.8 billion.

"It's encouraging to see not just the number but the sales and receipts of black-owned businesses are growing at such a robust rate, confirming that these firms are among the fastest growing segments of our economy," said Census Bureau Director Louis Kincannon.

That is not good for the Left. People who run businesses have a first-hand view of employment issues such as workers compensation, minimum wage, employment practices laws and government regulation. They will see how the artificial costs of doing business hamper their creativity and growth.

This development is true "Power to the People". Go for it!!!

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