New York and New Jersey Against Entrepreneurs

SBE Council chief economist Ray Keating had a piece in the New York Post recently that focused on where New York and New Jersey rank on the 2010 "Small Business Survival Index." The piece starts:

New York and New Jer sey are the worst states in America for starting up, building or running a business -- with the Garden State ekeing out a "victory" as No. 50.

That grim news comes from the just-published "Small Business Survival Index 2010: Ranking the Policy Environment for Entrepreneurship Across the Nation," this year's version of an annual report I compile for the Small Business & Entrepreneurship Council.

The Index ranks the states according to 38 government-imposed or government-related costs that impact entrepreneurship, investment and the economy. (We also rank the District of Columbia, which does worse overall than any of the states, but it's a special case.) The measures generally cover three major areas -- taxes, regulations and government spending...

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