While Hillary Clinton is spending her days on the campaign trail, perhaps her time would be better spent in a basic Economics 101 class.

Clinton has said that businesses need to “break free from the tyranny” of focusing too closely on quarterly earning reports and take a longer view of the economy to boost wages.

The problem with our economy is not that companies are managing by quarters, rather it’s that small businesses are overregulated into stagnation.

While the growth of jobs in this country has been due primarily to small business for decades, our local, state and federal governments are oppressing them with massive amounts of new rules and regulations.

Until that reverses, our economy will drag.

The centerpiece of Clinton’s plan would be to change the tax structure by raising capital-gains taxes for wealthy investors. Clinton is missing the point that most entrepreneurs understand because we’re living it.

Nearly three-quarters (74 percent) of small-business owners believe that businesses and consumers are over-regulated.

Due to federal regulations, U.S. productivity growth rate is nearly half of its historical rate, dropping from an annual average rate of 2.5 percent since 1948 to 1.1 percent since 2011.

The annual rate of new business starts is about 28% lower today than it was in the 1980s, according to a recent analysis of U.S. Census Bureau data in the Wall Street Journal.   

According to the Competitive Enterprise Institute, over the past five decades, there has been a tremendous growth of the Federal Register. In 1960, there were 22,877 pages and in 2012 there were 174,545 pages.

Perhaps that’s why 72 percent of small businesses reported that regulations were hurting their "operating environment."

Perhaps it’s why more than half of all small-business owners say they would not start a business today given what they know now and in the current regulatory environment.

I have spent 46 years in the tax industry, built two successful publicly traded companies. I know this for sure, Clinton is wrong about the economy. Instead she should focus on getting big government to back off of small-business owners.