Monday, March 26, 2018

America's Jobs Boom And The GOP's Growth Agenda

America's robust economic potential slumbered in the eight years following the 2008-2009 recession because her greatest resource-American workers and job creators-were sidelined by a pessimism that pervaded federal tax and regulatory policy.

X. Look at the U.S. economy today: the first two months of 2018 have added 550,000 new jobs, which follows on the heels of the economic resurgence that began in 2017 with the creation of 2.2 million new jobs.

The results indicate Congress and the new Administration have had a deep impact thanks to the Tax Cuts and Jobs Act and ongoing efforts to eliminate senseless and wasteful, job-choking regulations.

By ignoring the more favorable tax treatment in other countries, our government drove investment and jobs away, and with it, Americans' ability to rebuild the economy.

As each startup creates an average of six jobs, and firms less than a year old account for nearly all net new job creation, elevating the business startup rate is of great importance.

Going forward, we must pursue sound economic policy to help increase the economy's potential for growth.

By seizing on the momentum from the Tax Cuts and Jobs Act and pursuing a regulatory overhaul that will lift barriers to job creators, we will succeed in putting Americans - rather than the government - back in the driver's seat of the economy.

https://www.investors.com/politics/commentary/americas-jobs-boom-and-the-gops-growth-agenda/

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