Flight from the countryside to pack the cities. "This is what the beginning of a collapse looks like" -- The median county lost 6% of jobs and businesses over the last 10 years.
To underscore the weak magnitude and geographic unevenness of new business formation, consider that the country as a whole contained only 52,800 more business establishments in 2016 than it did in 2007. Five counties alone surpassed that, with a combined 55,500 more businesses in 2016 than before the recession: Los Angeles, CA; Brooklyn, NY; Harris, TX (Houston); Queens, NY; and Miami-Dade, FL. Without those five counties, the U.S. would still contain fewer active business establishments than it had before the recession.
And the city slickers are still puzzled as to why MAGA worked.
