IS AMERICA’S ENTREPRENEURIAL SPIRIT IN TROUBLE? “One of America’s greatest strengths has always been its entrepreneurial culture and the willingness of its citizens to take risks on new ideas and new businesses. That culture isn’t gone, but this data sure does suggest that it is at least in trouble. Hopefully this is only a side-effect of the recession and not the sign of anything permanent. If it lingers on as a trend, however, we’ll have to do some serious thinking about what we can do to reverse it.”

Well, we could start by not demonizing entrepreneurs and the successful, the way this administration has been doing since 2008.