Monday, January 23, 2012.
Jobs for New England Now: LTE – Connecticut’s Hopes For State Of The Union Address| Connecticut’s Hopes For State Of The Union Address |
| Paul Moran, Hartford The writer, Paul Moran, is the executive director of Jobs for New England Now. |
| on 2012-01-19 |
| President Obama’s jobs council recently recommended reforming the nation’s tax and regulatory systems. This is the same type of change he called for in last year’s State of the Union address. Since that address, Obama has reiterated his calls for avoiding excessive, inconsistent and redundant regulations.I hope President Obama will again repeat his calls for regulatory reform in this year’s State of the Union speech. By streamlining regulations, the government will make it easier for the economy to grow. Streamlining regulations goes hand in hand with economic growth, and in turn, job growth.
Changes to the regulatory system are especially important to the citizens of Connecticut. Connecticut has suffered from slow economic growth, stagnant business formation and staggering job losses in part because of burdensome state and federal regulations. By cutting unnecessary red tape, Connecticut businesses will be able to create jobs, promote economic growth and spur new business formation. Jobs are crucial to reviving Connecticut’s faltering economy. The president is taking regulatory reform seriously. Connecticut lawmakers must do the same if our state is to experience a sustainable economic recovery and job growth. |
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