Steve Case says bipartisan efforts by the U.S. Congress will help entrepreneurs be successful, and thereby reduce the unemployment rate, he told Squawk Box this morning.
A co-founder of AOL and current CEO of Revolution, Case also serves on the President’s Council on Jobs and Competitiveness. He told Squawk Box that the U.S. had a lot of work to do to get the unemployment rate down.
“I think there is a long way to go to get to the level of growth that this nation needs. There is a lot of focus on the issue with the super committee of the debt and there is a concern about how do we cut spending and also focus on raising taxes, but ultimately, the third leg of the stool is growth. Ultimately, that comes down to betting on entrepreneurs to build the next companies and the next industries. That’s really what has driven America’s success in the past 200 years.
He’s optimistic, he says, and points to several ways government is working to get things going again.
Noting that 90 percent of jobs are created after companies go public, he pointed to a bill introduced earlier this week by Senator Chris Coons (D-Del.) and Senator Marco Rubio R-Fla.). AGREE (American Growth, Recovery, Empowerment, Entrepreneurship Act) would make it easier for the companies to go public.
He had a lot more to say about how the parties can work together on job. Watch the entire interview here.
email: patricia.orsini@nbcuni.com