Optimists Strike Out

Why Small Businesses See a Gloomy Future

Entrepreneurs are usually optimists inclined to believe things will work out, which is why they're willing to try something as laborious as starting their own business. But the recession has put them in a foul mood. A startling 94 percent said the recession will last at least another year. Only 3 percent believe the pain will end within six months. And 66 percent believe the United States is facing a long period of high unemployment.