Tim Kane, Hoover Institution Research fellow and economist, joins Rick Santelli for an exclusive discussion about what could get the U.S. economy really growing again.
"Among all the 50 states, there's not one state where a governor or a legislator said: This is the state of entrepreneurship. Anybody can start a company here for free," said Kane, explaining the costs and hurdles business owners face throughout the country.
"If there's one thing we should be subsidizing, it's lets help our entrepreneurs and nobody's doing it," he said.
In the interview with Santelli, the economist also discusses:
- Why overregulation is hurting the U.S. economy.
- Trends in economic growth and productivity.
- The death of small business.
- Tax reform policies needed to jump-start the economy again.
Kane was on Capitol Hill Thursday pitching these ideas to the Joint Economic Committee of Congress.