Business is Listening: Will the President #GetSerious About Jobs?

Jan 23, 2012

Photo: AP, Getty Images

President Obama says tonight’s State of the Union Address will focus on building an economy “that’s built to last.”

So what does that mean? Does the president have a plan to put Americans back to work?

Because the business community does.

Ahead of the State of the Union Address, the business community is highlighting its American Jobs and Growth Agenda. Join us on Twitter and tell Washington to #GetSerious about jobs.

Here’s what to listen for during tonight’s speech:

Will the President say anything on energy and infrastructure?—Energy is a game changer for the United States. It is, as the saying goes, “the next big thing.” With the right policies, the oil and natural gas industry could create more than 1 million jobs by 2018. And by knocking down the barriers to infrastructure projects, we can unlock up to $250 billion in private capital funding. Leverage this with public investments, and we could create 1.9 million jobs over 10 years.

Will the President say anything on new on how to expand trade, investment and tourism?—Ninety-five percent of the people we want to sell something to live outside the United States. Let’s get out there and convince more of these consumers to Buy American. By simply restoring our share of the travel market to 2001 levels, we could realize $860 billion in economic stimulus and create 1.3 million new jobs—at no cost to American taxpayers.

Will the President address regulatory and legal reform?—The regulatory avalanche confronting our job creators is unprecedented and adds up to a big drag on our economy. And the expansion of excessive litigation is sucking the vitality out of American businesses.

Will the President discuss how he’ll encourage innovation?—We can maintain our leadership by protecting our intellectual property, reforming visa policies to allow the world’s best minds and most creative entrepreneurs to stay in our country after we educate them in our top universities, improving our education system and job training programs, and putting in place comprehensive tax reform that broadens the tax base and reduces the costs and burdens of compliance. 

Will he promote fiscal responsibility and entitlement reform?—We must rein in government spending and bring deficits and debt under control. And we can’t do that without serious entitlement reform. All of us need to face the fundamental reality that the only way to continue these programs is to make constructive changes and make them now.

To learn more about our American Jobs and Growth Agenda, visit www.uschamber.com/jobs.

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