Chamber of Commerce
Commentary
The Chamber of Commerce Does Not Care About Unemployment
Cry Wolf Quotes
Too long have we introduced carelessly into the stream of our national life alien philosophies of government control and foreign ideas of repression of the individual that have no place in this land of freedom. It is time to rout them out. It is time for all of us to realize that we want and intend to have for our own and later generations the American pattern of life and the American freedom of opportunity which these foreign ideas and theories and plans have been shouldering out of the picture.
I can assure you from my experience, it’s going to cost us jobs.
All told, some 16 million or more jobs will be needed in the next seven years. The statistics on the recovery from the 1974 recession indicate that such job creation is achievable. The major problem is to accomplish this goal through sound economic recovery and growth without increasing inflation or discouraging hiring by adding to labor costs.
So that a bill like the Right to Know Bill is not in itself definitive; it would not drive all of these businesses away. It will bear more harshly on some than others, and may expedite their rate of closing or leaving or – and very often it’s not even a question of driving a company away, they just don’t expand here. They go and expand somewhere else.
Backgrounders & Briefs
Industry Repeats Itself on Financial Reform
As the nation approaches the first anniversary of the Dodd-Frank financial reform law, opponents are claiming that the new measure is extraordinarily damaging, especially to Main Street. But industry’s alarmist rhetoric bears striking resemblance to the last time it faced sweeping new safeguards: during the New Deal reforms. The parallels between the language used both then and now are detailed in a report released today by Public Citizen and the Cry Wolf Project.
Resources
U.S. Chamber Watch is a watchdog organization focused on the U.S. Chamber of Commerce's agenda and influence.
