Fellow for entrepreneurship and innovation with The Center for Vision & Values and Executive Director of the Entrepreneurship Program at Grove City College, Dr. Craig Columbus puts the current recession into perspective for recent graduates and the unemployed who are trying to enter the workforce…

What America Needs:

A Bumper Crop of Young Entrepreneurs

By Dr. Craig Columbus

March 1, 2010

“Just as with the massively overbuilt stock of residential housing, supply-demand imbalances often create severe economic shocks. During the next 20 years, the outcome of the so-called ‘silver tsunami’ will be, in part, determined by boomers finding willing buyers for their small business ventures to fund their retirement needs.”

In “What America Needs: A Bumper Crop of Young Entrepreneurs” (822 words), Dr. Craig Columbus puts the current recession into perspective for recent graduates and the unemployed who are trying to enter the workforce. “Much like the Great Depression, the current recession has left an imprint on many young people,” Dr. Columbus explains. “They have seen their parents struggle with mortgage debt, and classmates flounder in their job searches. It’s no wonder that students are increasingly drawn to ‘safe’ endeavors.” “However,” the author concludes, “the nation’s entrepreneurial framework requires more creative and lasting solutions-and soon. That’s because America’s demographics demand a bumper crop of young entrepreneurs.”

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[http://www.visandvals.org/A_Bumper_Crop_of_Young_Entrepreneurs.php]