One thing is not in dispute: Young companies—which tend to be small—create the bulk of new jobs. Of late, they have been starting with smaller staffs and adding fewer employees, which helps explain the current economic malaise. Washington is desperate to support small businesses and to help them add jobs, to help the overall economic picture. But first Washington should take the time to understand which small businesses really do innovate and grow.
TODAY IN SLATE
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Why Are Lighter-Skinned Latinos and Asians More Likely to Vote Republican?
A Woman Who Escaped the Extreme Babymaking Christian Fundamentalism of Quiverfull
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It Is Very Stupid to Compare Hope Solo to Ray Rice
In Defense of HR
Startups and small businesses shouldn’t skip over a human resources department.