A reasonable tax code and a sensible, predictable regulatory environment can encourage investment and business expansion by enabling entrepreneurs and managers to look forward with confidence and to plan for the future.
Boosting exports by America’s businesses is an essential element of a meaningful agenda for creating jobs in the next decade and beyond. Exports are expected to be increasingly important to the nation’s businesses in the years ahead because up to 85% of the world’s economic growth in the next five years is projected to take place outside the United States.
The Summit will bring together governors and thought leaders from across the country to discuss the state of our nation’s job market, outline policies that are needed to generate jobs and accelerate economic growth, and highlight what policies are working in each participating governor’s state.
Supported by a booming regional energy-production industry, rebounding manufacturing sectors, notable research-and-development capabilities, and a deep and stable corporate base, Pittsburgh has outstripped both national and Pennsylvania job-creation rates over the past two years.
Since the financial panic of 2008, “the new normal” has become the phrase of choice to depict the future of the American economy as one of muted growth and high unemployment, claiming that we have reached both technological and economic plateaus. To be sure, the relative weakness of the current recovery – arguably the weakest in contemporary history – does support the “new normal” thesis.