Chamber of Commerce
Commentary
The Chamber of Commerce Does Not Care About Unemployment
Cry Wolf Quotes
There is definitely a major disconnect between our leaders in Trenton and the people who pay taxes and employ residents. Legislators and the governor seem to think our residents and employers have deep pockets and unlimited resources to fund their bloated bureaucracy, when that is far from the case. This madness has to end.
Raising taxes on industry runs directly counter to congressional efforts to reduce taxes.
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.
One month [after the law took effect] a special edition of the Federal Register was published containing close to 250 pages of safety and health standards. Businessmen were given three months to familiarize themselves with these standards before the majority of them were to be effective.
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.
