Don’t Most Small Businesses Fail?

Many new small businesses do go under within their first couple of years. “What he [President Obama] misunderstands is that nine out of 10 businesses fail, so nine out of 10 times, he’s going to give it to the wrong people. ” — Sen. Rand Paul (R-Ky.), interview on CNN’s “State of the Union,” Jan. 26, 2014 There’s a problem with his …