Killing the Job Goose: New Company Formation

Want to understand why job growth is slowing down? Almost all of net new jobs come from businesses that are less than ten years old, but the number of new companies being formed is declining. It is harder to start a new company today. Virtually impossible to take one public with all the new federal regulatory requirements (e.g. Sarbanes-Oxley). You can't even open a lemonade stand legally in under 60 days in most cities.  New businesses are the goose that lays the golden eggs, and we're strangling the goose.