In late 2008 our country was thrust into the worst economic crisis in generations. Our economy was on the brink of collapsing, and Congress responded with a number of initiatives to prevent that from happening. We were able to avert a much more serious catastrophe, but we are not out of the woods yet and much more work remains to be done to create good jobs and lower the unemployment rate.
Government cannot create the spark of ingenuity for a new product, nor the drive to see that idea through to a fully-realized business venture. That said, we do have the responsibility to foster an environment that encourages new enterprises and helps businesses of the future flourish. This effort includes educating a world-class workforce, rewarding innovation, deploying and improving cutting-edge infrastructure, and balancing federal budgets—overall, setting the stage for successful entrepreneurship and growth.
As a member of the New Democrat Coalition, I am working with my colleagues to advance a common-sense, pro-growth policy agenda to move our country in the right direction.
America’s economy is continuing to become more global, dynamic and technology-driven. While governments don’t create commerce, they certainly enact policies that make it easier or more difficult for economies to thrive. Policy and business leaders must work together to advance the competitiveness of U.S. products, spur innovation, and provide global leadership into the 21st century.
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