The good jobs of tomorrow are likely to come from industries like telecommunications, mass transit, clean energy, health care and nanotechnology -- so we need to give the "companies of tomorrow" reasons to come to the Hudson Valley today.
We need to think big, and to act on big ideas. Big ideas like creating a Business Development Job Bank where small businesses can get low cost loans and benefits for hiring local employees, and additional incentives for hiring veterans. We know small businesses are the growth engine of tomorrow's economy. And we know that sustained job growth will depend on our ability to invent new products that can be exported to the global market. That's why we need to encourage development right here in New York, and we need to build partnerships between education, business, and government to make this happen.
Let's take the millions of dollars that are wasted in our state every year and, instead of cutting it, let's use it to help entrepreneurs get started by helping them pay for the first 20 percent of local employee salaries for the first two years. This type of smart investing will encourage good ideas to grow in our schools and communities, and help revitalize our local economies. For the last 30+ years, our current senator has supported a strategy that has encourage businesses to out source their jobs to other states and other countries. This clearly has not worked.
I believe that smart investing is what we must do to revitalize our economy. For the last 30+ years, our current senator has supported a strategy of cutting spending and reducing revenue. Clearly, this hasn't worked.