The disparity between those losing coverage and those gaining demonstrates the private sector is, and always will be, better at managing events than the government.
The eye-popping price tags of companies such as Fab, Pinterest and Snapchat have raised concerns that valuations have gotten out of whack. The reality is there's no such thing as being overvalued or undervalued.
The decline in startup rates might simply represent Americans' realization that earning a living running one's a small business has become more difficult over the past three-and-a-half decades.