Committee Focuses on Jobs for New Economy
Our
economy and job market are the keys to a successful future for California. We have long been the home of innovators,
entrepreneurs and risk-takers who have revolutionized our world. Technology
born in California has changed the way we do everything from listening to music
and communicating with each other to running our businesses and keeping
ourselves healthy. In order to accelerate our state’s recovery and position us
as a competitive market in this complex globalized economy, we must ensure our
state has an environment that will attract and retain these innovative new-economy
jobs.
The
new economy is critical to California’s long-term success. Studies consistently
show green and technology sector growth outpacing the rest of our industries.
Embracing these sectors will create good-paying local jobs for Californians,
strengthen our economy and allow us to retain our place as a global leader for
innovation.
What he said: “Do no harm!”
"State government must adopt a "do no harm" approach
to statewide policy." Not my words – they were written by Lieutenant Governor
Gavin Newsom in his just-released "Economic
Growth and Competitiveness Agenda"
Shorter Gavin: "Yo, lawmakers, think before you
vote."
"Do no harm" must become the watchwords for state
policy as we struggle through the halting steps of the
economic recovery – or face up to the possibility of
a double dip recession, as some observers fear.
Poll Numbers Show Why Debt Debate Took so Much Time and Energy
What drove the debt ceiling debate? Clearly the “Tea Party” had a great deal of influence on the direction this debate took. Statistics in these charts come from the NBC News /Wall Street Journal Poll, the CNN/ORC International Survey, and from a Pew Research Center/Washington Post Survey, and we feel it gives you a vivid picture of where the different political sub groups were at the end of the day on this very volatile issue.
When looking at these numbers, one can clearly understand why the debate took as much time and energy as it did. At the end of the day, the mood of the public toward ALL facets of Congress and the President over this debate was definitely not favorable.
Finding a Middle Ground When Our Nation Needs It
The business community applauds the bi-partisan efforts of President Barack Obama, Vice President Joe Biden, Senate Majority Leader Harry Reid, Senate Minority Leader Mitch McConnell, Speaker of the House John Boehner and House Minority Leader Nancy Pelosi for the passage of legislation to raise the national debt ceiling and reduce the federal deficit. These leaders persevered to find the middle ground in a very contentious debate that had the nation wondering if it was still possible to compromise on any issue in Washington, D.C.
During the past two weeks, the Los Angeles Area Chamber of Commerce has been part of a national business coalition — headed up by the U.S. Chamber of Commerce — that has been urging Congress to find a solution to raise the debt ceiling and begin the process of reducing the national debt. We joined that coalition because the risk of not raising the debt ceiling and the long-term danger of not reducing the deficit were both too great to ignore.