7
5 minutes
Job Creation by the Numbers Startups Create Jobs, but once started as small firms, they do not continue to create new jobs... An underlying problem here is identified when correlating the debt the next generation has incurred just getting their educations...with young folks graduating from college with high debt, and only limited access to employment, their ability to apply for loans or recruit capital to start up new firms make it difficult for these new entrepreneurs to start new firms... additionally, they are unable to enter the housing market, which can be used later in life as capital that could be leveraged (potentially) when starting a firm in the future...we have created conditions that deter young folks from creating jobs using the most up to date techniques and information gleaned from a college education, and from accessing jobs that will enable them start a real experiential life that will allow them to create jobs in the future, as if they can't enter the work force and make enough money to pay off
- Created by an anonymous C-SPAN Video Library user