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Another new study from the Kauffman Foundation, summarized in a New York Times blog, reveals troubling trends for business startups and the jobs they create. The data underscore the message in my earlier blogs that the U.S. needs aggressive action at all levels of government to reenergize startups, beyond the JOBS Act, which passed Congress in late March and was signed into law on April 5 by the President. Senators Jerry Moran and Mark Warner have proposed promising comprehensive startup legislation along these lines. The Kauffman Foundation has created a guide for state governments, which can be accessed here.
2012 Economic Growth Fellow
Robert E. Litan is Director of Research of B-Gov, a subsidiary of Bloomberg LLP. Previously Litan was Vice President for Research and Policy at the Kauffman Foundation and a Senior Fellow in Economic Studies at the Brookings Institution. He has authored or co-authored more than 20 books, edited another 14, and authored or co-authored more than 200 articles in journals, magazines, and newspapers. He has served in several capacities in the federal government. From 1995 to 1996, he was associate director of the Office of Management and Budget, and from 1993 to 1995 he was Deputy Assistant Attorney General. He received his B.S. in economics (summa cum laude) from the Wharton School of Finance at the University of Pennsylvania; his J.D. from Yale Law School; and both his M. Phil. and Ph.D. in economics from Yale University.Full Bio