Jan 09 2009
Is Congress Moving Toward the Center?
In yesterday’s speech about the economy, President-elect Barack Obama Obama emphasized the urgency of Congress needing to pass the American Recovery and Reinvestment Act, before its too late. Millions of Americans voted for drastic change in the White House when they picked Obama for President last November. But what Obama can achieve is limited by how his Democratic allies in Congress vote. The November 2008 elections resulted in new Democratic Party members of the Senate and House, that by some accounts, will actually tilt the party majority closer to the center than the left.
GUEST: Tim Carpenter, Co-founder and Director of Progressive Democrats of America
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One Response to “Is Congress Moving Toward the Center?”
I think we need the stimulus plan, and it needs to be very large, but Congress needs to make sure that it continues providing benefits in the long term, not just a shot in the arm for the short term. Moving toward the center will help to ensure that all ideas are taken into account when designing the stimulus plan.
The infrastructure spending will help keep the economy growing in the long term, but it would also be helpful if Congress could find a way to encourage businesses to invest in infrastructure as well. Possibly they could do this by making sure there are fewer unnecessary regulations that dissuade businesses from making those investments. There seem to be many businesses that have money to invest, but not as many that are actively investing in any forward-thinking enterprise. Hopefully Congress can find ways to get that money flowing.
The tax cuts on businesses would certainly be helpful, especially on small businesses or businesses in sectors where there is potential for significant job creation. We need the businesses like that to be able to resume their traditional role as the engine of our economy. The government can certainly assist the process getting started, but businesses will actually provide the growth.
I think the aid to the state governments is also needed, because the programs that the state governments support are needed for sustained growth. For instance, the state governments support schools and public workforce training programs. It is important to make sure both of those programs survive to make sure we are able to provide workers for whichever sectors of the economy are providing the jobs.
I recently saw that the Friends of the U.S. Chamber of Commerce is working with Congress to make sure that they take these things into account when they are designing the stimulus package. They have a petition that I encourage everyone to sign to make sure Congress knows that we want the economy fixed – but we want it fixed for the long-term – http://www.friendsoftheuschamber.com/takeaction/index.cfm?ID=76