This blog has moved.

Please visit our new page here https://www.miamiherald.com/naked-politics/

« Economic Growth Summit: Bobby Jindal | Main | Miami-Dade approves $367,000 compensation package for new top lawyer »

Fact-checking Marco Rubio's claim at Rick Scott's economic summit about dying businesses

At the economic summit for Republican presidential candidates convened by Florida Gov. Rick Scott, Sen. Marco Rubio, R-Fla., expressed concern about entrepreneurialism in the United States.

"For the first time in 35 years, we have more businesses dying than we do starting," Rubio said at the June 2, 2015, event.

Is that correct? We took a closer look.

We located a May 2014 report by the Brookings Institution, a Washington-based think tank, titled, "Declining Business Dynamism in the United States: A Look at States and Metros."

In that report, coauthors Robert Litan and Ian Hathaway published data that supports Rubio’s claim. Their calculations come from a collection of U.S. Census Bureau data called Business Dynamics Statistics.

"Recent evidence points to a U.S. economy that has steadily become less dynamic over time," they wrote.

Keep reading Louis Jacobson's fact-check from PolitiFact

Comments