The Economist's Greg Ip wonders if the passing of Steve Jobs is symbolic of "a broader decline...

|By:, SA News Editor
The Economist's Greg Ip wonders if the passing of Steve Jobs is symbolic of "a broader decline in American entrepreneurship." U.S. self-esteem is now embodied by Apple, Google, Facebook and Amazon, which employ just 113K, a third of GM’s payroll in 1980. The loss of middle-class jobs isn't a U.S.-only problem, but "this does not excuse American governance for making matters worse."