Derrick is working from data that are not easy to interpret. His numbers count jobs; a person can hold more than one job. He or she can be the employee of a government or a corporation and still be the proprietor of his/her own part-time business.
“Then,” Derrick said, “we shouldn’t be so gung-ho to support entrepreneurship in Indiana. All these tax-supported programs to help people start their own businesses may be unnecessary.”
“I wouldn’t go that far,” I said. “Hoosiers have a long tradition of working for big corporations headquartered out-of-state. There is a shared belief this situation is contrary to a vigorous local economy in the long run. We don’t have data to support that sentiment. However, strong programs to help businesses startup or grow efficiently should be beneficial to the economy of the state.”
Derrick pouted. “That’s all so moderate,” he complained. “I preferred saying ‘dead last’ and leaving it at that.”
Morton Marcus is an independent economist, writer and speaker. Contact him at firstname.lastname@example.org.