'Zero job' economy: 11 ways Washington can fix it

A stagnant job market has ramped up the pressure on President Obama and Congress to come up with solutions. What can be done? Here are 11 proposals.

11. More entrepreneurs

Ross William Hamilton/The Oregonian/AP/File
Businessmen meet in the offices of the Portland Incubator Experiment, an effort to nurture the startup scene in Portland, Ore., on July 29.

A downturn in the formation of new businesses has become a troubling trend that began even before the recession. The fixes might include programs to encourage small-business lending, or tax and regulatory changes designed to bolster the pipeline of venture capital and IPOs (initial public offerings of stock).

Another element might include nurturing the entrepreneurs and their ideas through incubator programs, mentoring, and visa rules designed to keep immigrants in the country after they earn advanced US degrees. Those immigrants are among the most likely people to be involved in startup ventures.

11 of 11
You've read  of  free articles. Subscribe to continue.