A. Yes, in some sectors. Take retail. There's the Wal-Mart effect â¿¿ you've seen huge consolidation in retail. You've seen a huge consolidation in the information technology sector. We've sort of entered a "you eat or be eaten" atmosphere. Investment banks and especially the (stock) markets in the retail and information technology sectors simply aren't welcoming anymore toward small innovative companies. You either have to get big fast by being an acquirer or you have to be acquired.Look at the employment distribution over the last 20 years. The percent of employment in giant companies â¿¿ those with 10,000 or more employees â¿¿ has risen and it's correspondingly falling in small businesses. That's obviously points toward something.
Kauffman Smallbiz Expert On Taxes, Fiscal Cliff
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