Message from future president: Mark Warner
My Senator Mark Warner
My Senator, Mark Warner is consistently focused on jobs and bipartisanship. He is a collaborator who gets things done. When Obama is finished, Warner can take over.
Two-and-a-half years after this deep recession brought our nation’s economy to the brink, we still are in the middle of a painfully slow recovery.
We do not have time to waste playing the blame game about the policy decisions, business practices and consumer choices that got us to this point. The fact is, new job creation remains frustratingly slow, and many Virginia families continue to struggle to make ends meet.
I believe there are several targeted, focused steps we can take that will jump-start private-sector investment and hiring. That’s why I have partnered with Northern Virginia Republican Congressman Frank Wolf in a series of actions that we call The America Recruits Act of 2011.
Our proposals will encourage the creation of new manufacturing jobs here in America, strengthen worker training and industry certification programs, and take action to encourage and expand U.S. exports.
We create a competitive grant program that allows states to provide up to $5,000 in forgivable loans to employers for each new manufacturing job they create. The new jobs must be located in a rural or economically distressed areas, and these loans will be forgiven after employers maintain the jobs for at least five years.
We pay for this new incentive through existing federal funds, and the program should quickly pay for itself. Economic development models show that each new manufacturing or IT job usually spins-off more than four additional new jobs in a community among suppliers and service providers. That means the 20,000 jobs potentially created through our $100 million program actually could result in more than 80,000 American jobs.
In addition, our legislation requires the U.S. Departments of Commerce, Education and Labor to work more closely together to develop stronger training and education programs for targeted jobs available at specific local businesses.
Finally, the bipartisan Warner/Wolf jobs package encourages small and medium-sized companies to increase their export capacity. Since an estimated 95% of the world’s customers live outside of the United States, we ignore these overseas markets at our peril.
To be sure, none of these initiatives should be considered a game-changer or a silver bullet. With the bipartisan America Recruits Act of 2011, Congressman Wolf and I have committed to work together -- across the aisle and on both sides of Capitol Hill -- to responsibly strengthen our nation’s economic recovery and boost our country’s future competitiveness.
We cannot afford to wait. Our international competitors certainly aren’t.
Mark R. Warner”