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So young high growth firms that succeed create the most jobs. WOW! Large successful old firms are stable and neither create nor destroy large amounts of new jobs. The analytical insight is unbelievable! and to top if off small, risky start-ups destroy the most jobs as they constantly fail. OMG, Nobel Price of Economics right there! Americans please send even more of your tax dollars to the Atlanta Federal Reserve given the amazing level of research and analytical insights they are capable of.
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Feb 26, 2014