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This is a press release from the U.S. Chamber of Commerce. They want more trade agreements to open up export markets. See item #1.
Memo to the Chamber: We tried that. It did not work. What's your next plan?
Memo to Readers: When anyone says our trade strategy is to "export and innovate", that is code language for more of the same. They are the kool-aid drinkers that believe increased two-way trade volume is good, even if it means massive net imports. They oppose countering unfair and unlawful practices abroad. They oppose a national trade strategy that benefits U.S. farmers, businesses and workers. They ignore foreign strategic mercantilism that dumps products here based upon artificial "cheapness" caused by currency, VAT, shoddy manufacturing, and subsidy practices. They protect the protectionism of others.
Clear?
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U.S. Chamber of Commerce
Press Release
January 12, 2010 Contact: Tita Freeman 202-463-5682
U.S. Chamber Calls for Policies to Spur Job Creation in Annual State of American Business Address
Donohue Outlines Specific Steps for Creating Jobs; Says ‘No priority is more important than putting jobless Americans back to work.’
WASHINGTON, D.C.—In his annual State of American Business address, U.S. Chamber of Commerce President and CEO Thomas J. Donohue called upon leaders in government, business, labor, and across society to unite around the ambitious goal of creating 20 million jobs over the next decade.
“Our nation faces many big challenges, but no priority is more important than putting jobless Americans back to work,” Donohue said. “Over the long term, only a strong private sector—backed by sensible government policies with rational levels of regulation and taxation and a reasonable degree of certainty—can create 20 million jobs.”
Donohue covered five key areas where both government and business can work to achieve economic growth and job creation.
1. Expand U.S. exports around the world: We need a bold and aggressive trade policy that opens markets and eliminates the barriers that stand in the way of our workers, businesses, and farmers. If we fail to approve pending deals with Korea, Colombia, and Panama we will not only miss opportunities to create new jobs—we will lose existing jobs.
2. Rebuild the nation’s infrastructure: Expanding both private and
public sector investments in our transportation, energy, water, and
broadband systems will help reemploy many jobless Americans. The
private sector can be the main driver of new, innovative projects in
transportation, energy, water systems, and our communications capacity.
3. Ensure investment in clean energy technologies starting with
nuclear: We must enable breakthroughs in new energy technologies by
addressing excessive costs and removing regulatory impediments. More
than 380 promising energy projects—including wind, solar, and other
renewable—are currently being delayed.
4. Expand credit across our economy and revitalize our capital
markets: We must ensure that businesses, especially small businesses,
can readily access credit by preserving and strengthening credit
choices and capital access across the economy. We will achieve that
only if Congress and regulators improve rather than strangle our
capital markets in their current reform efforts, and if productive
capital is left in the economy rather than taken away through massive
tax increases.
5. Address economic uncertainties—in tax, health, environmental,
labor, legal, and fiscal policies—that are hampering economic growth:
We must recognize that our weak economy simply could not sustain all
the new taxes and mandates under consideration including those in
current proposed health care legislation. At the same time, preserving
the reduced rates on capital gains and dividend income, addressing the
AMT for both businesses and individuals, and other tax reforms could
provide businesses with needed certainty and capital incentives.
Donohue noted that the Chamber’s recently launched Campaign for Free
Enterprise will promote this jobs agenda around the country over the
course of 2010. The first of these events begin tomorrow when Donohue
addresses the Louisiana Association of Business and Industry and will
be followed later this month with events in Arizona, Illinois, New
Jersey, North Carolina, and Virginia.
“Free enterprise breathes life and energy into the American Dream,”
stated Donohue. “Sadly, today the American Dream seems like an
impossible dream for millions of workers and their families. We must
pull together as a country to change that. We must stand up for our
economic freedoms and ensure that all Americans can share in freedom’s
bounty.”
Donohue’s full speech is available at: www.uschamber.com/sab/2010speech
The U.S. Chamber is the world's largest business federation
representing more than 3 million businesses and organizations of every
size, sector, and region.
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