American - Politician | March 26, 1953 -
Employers should overcome a myopic quarterly earnings posture and focus on long-term strategies for growth that include investing in their own skills-training efforts to enable a broader pool of applicants.
Elaine Chao
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To maintain their own competitiveness, workers need to attain and stay current on the qualifications needed to advance in a constantly evolving economy.
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America's competitive advantage lies in its human talent. All of us should be doing everything we can to cultivate and develop our work force.
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America's private sector job creators need elected leaders to lead and get out of the way.
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Around the time President Lyndon B. Johnson was declaring a War on Poverty in the 1960s, federal, state and local governments began accelerating a veritable War on the Private Sector.
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President Obama has been admirably pro-trade in public remarks, but there has been no progress in moving any new free trade agreements to expand exports abroad and create jobs at home.
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The expenses of complying with Washington's torrent of mandates and regulatory overreach are costing American workers jobs and income growth.
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Washington's parasitic approach to the private sector must change for there to be widespread, near-term and enduring prosperity and job creation.
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The borrow-spend-and-centralize agenda that has been so destructive to job creation elsewhere in America has been a gravy boat inside the Beltway.
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Even a healthy economy and labor market would have struggled under the additional expenses enacted and proposed in 2009 and 2010 - from healthcare mandates and higher taxes, to carbon cap-and-trade and delay in extending the last decade's tax reforms.
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Confidence, capital, and credit fuel entrepreneurship and economic expansion.
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Most private sector workers can only dream of getting the generous lifetime pension and health benefits typical of government service.
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