Washington's parasitic approach to the private sector must change for there to be widespread, near-term and enduring prosperity and job creation.
Sentiment: NEGATIVE
It's time to fundamentally change the way that we do business in Washington. To help build a new foundation for the 21st century, we need to reform our government so that it is more efficient, more transparent, and more creative. That will demand new thinking and a new sense of responsibility for every dollar that is spent.
We need different perspectives here in Washington - someone who has private-sector experience, somebody who's actually created jobs, manufactures products, understands the incentives and disincentives, the intended and unintended consequences of legislation.
From the 1970s, there has been a significant change in the U.S. economy, as planners, private and state, shifted it toward financialization and the offshoring of production, driven in part by the declining rate of profit in domestic manufacturing.
Business is constantly changing, constantly evolving.
Removing government-created obstacles to small business growth is what Washington should be addressing, and this focus should start with removing the herculean impediments to job creation found in the health care law.
We have to change course. And we have to do so now. That is why I worked with my colleagues in Washington to pass the Economic Recovery and Reinvestment Act.
The fundamental problem is that President Obama has grown government. He has grown the private sector jobs.
Washington State has a strong tradition of a positive relationship - positive working relationship between labor and management, whether in the private sector or the public sector. It needs to continue to be that way.
Let's face it: innovation in the U.S. is now the province of our thriving city-states. We all know that nothing happens in Washington anymore.
Washington has become this place that people don't leave. It has become this permanent feudal class.
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