Jobs and the Economy
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After several years of sluggish economic growth and tough financial times for many, Colorado and the national economy are showing signs of a brighter future. Since President Obama took office we have added more than 12 million private-sector jobs over a record 63 straight months, and the Dow Jones has more than doubled in value — rising above 18,000 points. Today the national unemployment rate is 5.5% and is even lower at 4.3% in Colorado. Colorado’s economy has also been ranked best in the nation by Business Insider and slated for even greater growth over the next 10-20 years, with an increase in Millennials moving to the region.
Over the last few months, I’ve spent time with you in the grocery store, walking our neighborhoods or talking at the dog park. I have heard from those of you who are still feeling uncertain about the state of our economy and I understand your concerns. That’s why it’s my goal to make sure we continue to create jobs in Colorado and grow the economy. We must ensure every person and family reaps the benefits of a growing economy.
I continue to support the Make it in America agenda – a series of measures to help us increase our manufacturing sector and put Americans back to work. America needs to get back to business through innovation, education and rebuilding our nation.
We have to invest in small businesses to ensure they can hire new workers and get the loans they need to expand their businesses. I introduced the bipartisan Capital Access for Main Street (CAMS) Act to help small businesses access the capital they need to grow and hire more people. Through tax cuts, credits and small business loans, we can bolster the entrepreneurial spirit and ingenuity that make the 7th district the best place in America to live, work and raise a family.