us business urges policies reforms to boost growth
Last Updated : GMT 15:30:33
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."  

arabstoday
arabstoday

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*

us business urges policies reforms to boost growth us business urges policies reforms to boost growth

 



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*

us business urges policies reforms to boost growth us business urges policies reforms to boost growth

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Visit Jamaica for more than just sun

GMT 09:45 2017 Tuesday ,21 November

Visit Jamaica for more than just sun
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today UN warns of conflict in Gaza

GMT 08:39 2017 Tuesday ,21 November

UN warns of conflict in Gaza
Arab Today, arab today Missouri problem mirrors woes

GMT 06:46 2017 Tuesday ,21 November

Missouri problem mirrors woes
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today VW says will invest over 34bn euros

GMT 07:19 2017 Tuesday ,21 November

VW says will invest over 34bn euros
Arab Today, arab today Driverless, electric future just round

GMT 02:45 2017 Monday ,20 November

Driverless, electric future just round
Arab Today, arab today Fedra happy for “Between Two Worlds” success

GMT 09:23 2017 Saturday ,18 November

Fedra happy for “Between Two Worlds” success
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 12:15 2017 Friday ,17 November

Mona Abdel Ghany increased artistic activities

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 00:54 2017 Monday ,20 November

Mideast in danger as London explores

GMT 03:12 2017 Saturday ,18 November

Prince's vision spurs new Cornwall village

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
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