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Local reaction to State of the Union, continued ...
"We're thrilled the focus is on jobs creation. But the best way to create jobs is to reduce taxes for all, eliminate massive government regulations that impede growth and investment and curtail frivolous litigation. I didn't see a ray of hope that these keys to economic recovery and success were yet in his possession." – Lucy Dunn, Orange County Business Council president and CEO
"Too little too late from Obama ... The focus on jobs and helping business succeed should have started a year ago ... A year has been wasted that will only prolong the time when the nation's economy recovers." Dr. Wallace Walrod, Orange County Business Council vice president of economic development and research
"We were encouraged that the president seems to be focused on the economy and jobs. However, we would have welcomed more of an emphasis on rebuilding time-tested industries such as the homebuilding and real estate industry that have the potential to recreate millions of jobs across the country. In fact, many of the jobs that were lost over the last couple of years in Orange County were in some way affiliated with the homebuilding industry. As we have seen in past recessions, when our industry suffers, the rest of the economy suffers too. The good news is that our industry typically leads the way for economic recovery, so all levels of government should be paying special attention to assisting in our success." – Kristine Thalman, CEO of the Building Industry Association of Orange County
Health care:
"The president talks about helping small businesses. But the health care legislation that passed the House is centered around taxes and mandates on small businesses. The most troubling is the 8 percent payroll tax increase for those business owners that cannot afford to offer health care to their employees." – 40th District Rep. Ed Royce
"I believe health care reform measures are working against job creation because many businesses are ultimately worried about what the cost of health care will be on them. In a way, that discourages them from hiring additional workers. The sooner we resolve this issue of health care, one way or the other, the sooner the uncertainty will be lifted and that will be positive." – Dr. Esmael Adibi, director of Chapman University's A. Gary Anderson Center for Economic Research
Education:
"His proposal for a tuition credit is certainly going to be helpful to college-going students and their families. It will help the public colleges as well, given the tight state funding. But it must be accompanied by reforms in higher education, similar to those being expected for the high school education. I think it good to see federal government taking a proactive approach to education, which for so long has been a state issue." – Anil Puri, dean of Cal State Fullerton's Mihaylo College of Business and Economics
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Readers Feedback:
Totally agree with Lucy Dunn at the OCBC. Lower taxes and more support for small business, the economic engine of this country.
Comment at 1/28/2010
As a small business owner, I welcome the President's proposal of investing 30B to help small businesses the credit they need. Small businesses are trapped today in the middle of economic crisis and credit liquidity crunch. The capital flow has dried up. No place to go except to seek help from Government. This proposal should have been done last year for job creation. But it is never too late. We are optimistic and hope that credit will flow again.
Comment at 1/29/2010
Local reaction to State of the Union, continued ...
"We're thrilled the focus is on jobs creation. But the best way to create jobs is to reduce taxes for all, eliminate massive government regulations that impede growth and investment and curtail frivolous litigation. I didn't see a ray of hope that these keys to economic recovery and success were yet in his possession." – Lucy Dunn, Orange County Business Council president and CEO
"Too little too late from Obama ... The focus on jobs and helping business succeed should have started a year ago ... A year has been wasted that will only prolong the time when the nation's economy recovers." Dr. Wallace Walrod, Orange County Business Council vice president of economic development and research
"We were encouraged that the president seems to be focused on the economy and jobs. However, we would have welcomed more of an emphasis on rebuilding time-tested industries such as the homebuilding and real estate industry that have the potential to recreate millions of jobs across the country. In fact, many of the jobs that were lost over the last couple of years in Orange County were in some way affiliated with the homebuilding industry. As we have seen in past recessions, when our industry suffers, the rest of the economy suffers too. The good news is that our industry typically leads the way for economic recovery, so all levels of government should be paying special attention to assisting in our success." – Kristine Thalman, CEO of the Building Industry Association of Orange County
Health care:
"The president talks about helping small businesses. But the health care legislation that passed the House is centered around taxes and mandates on small businesses. The most troubling is the 8 percent payroll tax increase for those business owners that cannot afford to offer health care to their employees." – 40th District Rep. Ed Royce
"I believe health care reform measures are working against job creation because many businesses are ultimately worried about what the cost of health care will be on them. In a way, that discourages them from hiring additional workers. The sooner we resolve this issue of health care, one way or the other, the sooner the uncertainty will be lifted and that will be positive." – Dr. Esmael Adibi, director of Chapman University's A. Gary Anderson Center for Economic Research
Education:
"His proposal for a tuition credit is certainly going to be helpful to college-going students and their families. It will help the public colleges as well, given the tight state funding. But it must be accompanied by reforms in higher education, similar to those being expected for the high school education. I think it good to see federal government taking a proactive approach to education, which for so long has been a state issue." – Anil Puri, dean of Cal State Fullerton's Mihaylo College of Business and Economics
<< PREVIOUS PAGE
Related headlines
Pringle: 'There's no finer place to move or grow your business'
Anaheim officials set to make next move on ARTIC
Census Bureau celebrates grand opening of Irvine office
Irvine officials set to review strategic plan amendments
Readers Feedback:
Totally agree with Lucy Dunn at the OCBC. Lower taxes and more support for small business, the economic engine of this country.
| Comment at 1/28/2010 |
As a small business owner, I welcome the President's proposal of investing 30B to help small businesses the credit they need. Small businesses are trapped today in the middle of economic crisis and credit liquidity crunch. The capital flow has dried up. No place to go except to seek help from Government. This proposal should have been done last year for job creation. But it is never too late. We are optimistic and hope that credit will flow again.
| Comment at 1/29/2010 |
