The United States must pursue new policies on taxation, economic competitiveness and foreign policy, he says, or risk losing the exceptional qualities that allowed the nation to thrive throughout the 20th century.
In a meeting with The Des Moines Register's editorial board last month, Rubio illustrated the erosion of American dynamism with a worrying claim: The number of small business closures now exceeds small business startups.
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The number of business "deaths" exceeded new businesses created in the four-year period from 2009 to 2012, U.S. Census data show, although the gap is narrowing.
