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Andrew Straw on Jobs

 

 


In recessions, increase money supply to create jobs

I am not an economist, but I do know that larger money supply generally increases economic activity. This is why Congress passed deficit spending on things like roads and bridges in 2008-2010 and engaged in bailouts. It is also why the Fed lowered interest rates. When these two things are aligned, they grow the economy and jobs. In fact, more money lowers the value of money, but Congress and the Fed can spread out that value wider. So, increased money supply in fact reduces the value of money that wealthy people have and spreads that value wider, generally speaking. It broadens opportunity while punishing hoarding.

I support job creation programs for people with disabilities and more accommodation for disabled people in the federal workforce. Those with disabilities from being poisoned by the military should never, ever have live in poverty.

Source: OnTheIssues follow-up with 2018 Indiana Senate candidate , Mar 2, 2018

Visas for high-wage jobs; don't export jobs via trade

Some low-wage jobs were certainly created [by free trade]. It's the WalMart effect. I support certain visas for very skilled foreign workers to move here and generate value. When a visa creates new products and vast wealth, wherever that person lives benefits because other people will work with them. I don't like the idea that high-wage jobs are exported to other places like India or China or Japan or Korea or Russia, for that matter, just so that the price is lower. I would rather have a vibrant tech economy here in the USA. The model of exporting jobs may make sense in some circumstances, but only if job creation in other areas that should not be exported are greater also.

I believe Congress, the Senate, should penalize those who invest overseas and reward those who bring investment dollars back to the USA. The exact tax code changes for that can be negotiated.

Source: OnTheIssues follow-up with 2018 Indiana Senate candidate , Mar 2, 2018

Other candidates on Jobs: Andrew Straw on other issues:
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Page last updated: Jun 04, 2018