Arab Today, arab today us business urges policies reforms to boost growth
Last Updated : GMT 15:40:17
Arab Today, arab today
Arab Today, arab today

US business urges policies, reforms to boost growth

Arab Today, arab today

Arab Today, arab today US business urges policies, reforms to boost growth

Washington - AFP

The US Chamber of Commerce, the leading business lobby, unveiled its 2014 agenda Wednesday calling for policies and reforms to drive stronger growth in the nation's economy. Tom Donohue, the Chamber's president and chief executive, said that although the economy is recovering from the Great Recession, the upturn in the past four years has been patchy. He noted 21 million Americans are unemployed, underemployed or have given up looking for work, and income growth for the middle class has underperformed. Donohue said the slow recovery was in part due to "misguided government policies." "We must fix these mistakes and not repeat them going forward," said Donohue, according to the text of a speech unveiling the Chamber's jobs, growth, and opportunity agenda. "Our nation's best days are not over, they are still yet to come," he said. "No other country, no other people, no other society starts from such a position of strength and advantage as we do." The world's largest economy probably grew in 2013 at a pace between just 1.8 percent and 2.0 percent, he said. "This year we have an opportunity to turn the page," he said. "We should do considerably better this year -- with growth accelerating to near 3.0 percent." Donohue highlighted challenges to economic growth, such as President Barack Obama's landmark health-care reform, dubbed Obamacare, which he said was costing jobs; "regulatory overreach"; and concerns about slow growth in Europe, the United States' largest trading partner. "Our plan includes ideas to expand trade, produce more domestic energy, and improve our infrastructure -- which together would create millions of good-paying jobs. We'll push for government reform to modernize a regulatory process that hasn't been updated since Harry Truman was president" in the early 1950s, he said. The Chamber's pro-business priorities include fixing flaws in Obamacare, protecting intellectual property, improving education and training, and adjusting social safety net entitlement programs that are piling up public debt. The Chamber "will pull out all the stops" to get immigration reform enacted this year, he vowed. He reiterated a call for the Obama administration to approve immediately the Keystone XL Pipeline project, which would be built through environmentally sensitive areas in the state of Nebraska, saying it will create jobs. Noting that 2014 includes the national mid-term elections for Congress in November, Donohue said the Chamber would support candidates "who want to work within the legislative process to solve the nation's problems -- and who understand that business is not the problem, business is a big part of the solution."  

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us business urges policies reforms to boost growth Arab Today, arab today us business urges policies reforms to boost growth

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Haifa Wahby bets on her new drama show

GMT 06:04 2017 Thursday ,23 March

Haifa Wahby bets on her new drama show
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 07:03 2017 Wednesday ,22 March

Merna Waleed praises her work with Soad Hosni

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 22:19 2017 Friday ,24 March

Reveals reasons of hepatitis in Algeria

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday