Henry Nothhaft “Great Again”

June 1st, 2011

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American politicians pay a great deal of lip service to small business. But the reality of what is happening to those fledgling innovators is very different, says veteran high-tech CEO, and self-described serial entrepeneur, Henry Nothhaft.

Henry  NothhaftNothhaft

In his new book “Great Again,” Nothhaft describes how laws like the Sarbanes-Oxley Act have not only not had their desired outcome, they are actually hurting small businesses. The startups that will be crucial to bringing the U.S. economy out of recession also face daunting regulatory, tax, and even patent and trademark hurdles. But it’s not too late, Nothhaft says, for America to be “Great Again.”

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One Response

  1. Clyde Grohoske says:

    I am sick and tired of hearing about the “economic recovery”. The Federal government borrowed and spent $6.1 trillion over the past four years to generate a cumulative $700 billion rise in the country’s Gross domestic product. This means we’ve borrowed and spent $8.70 for every $1 of nominal “economic growth” in Gross domestic product. In constant dollars, Gross domestic product is flat, we got no “economic growth” at all for the $6.1 trillion. In constant US dollars, the gross domestic product in 2011 might get back to the 2007 level, if the economy continues “growing” at the same rate reached inside the first three months of 2011. If not, then the Gross Domestic Product will in reality be lower than pre-recession levels. There is no economic recovery, the numbers prove this.

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