The Business: America's Shrinking Entrepreneurial Class - WSJ.com | "So all of the energy that we've poured into entrepreneurship over the last 30 years"—incubators, education, special funding—"hasn't moved the needle."

Dane Stangler, director of research at Kauffman, says the annual number of new "employer firms"—start-ups that employ more than just the founder—was steady for years and has drifted down since the mid 1990s. "So all of the energy that we've poured into entrepreneurship over the last 30 years"—incubators, education, special funding—"hasn't moved the needle," he says.

via online.wsj.com

And it won't with the bloated econ dev orgs that have sprouted all over the country to hand out public money. Our government isn't the answer. The sooner we recognize that the sooner we'll turn the corner on value creation that results in job creation. I couldn't have said it better.