Posted on 10/02/2010 5:49:04 PM PDT by Son House
Congressman Tim Walz said Monday he has a solid plan for reinvigorating the economy by targeting tax credits to small business, making sure entrepreneurs have access to loans, investing in improved roads and stabilizing the nation’s energy market.
Walz, who’s facing an electorate in five weeks that polls show is discouraged by the depressed economy, detailed his jobs plan at a local success story. Angie’s Kettle Corn, located in North Mankato’s industrial park, has added 100 workers since January as the former upstart has expanded its reach to 45 states.
“These are the folks that make it happen,” said the two-term Democratic congressman.
Along with listing his legislative efforts to boost the economy, Walz said he was there to listen to the ideas and concerns of entrepreneurs such as Dan and Angie Bastian, who started their business in their garage nine years ago.
“Learn from experts who have been creating jobs even in times of economic downturn,” Walz said.
State Rep. Randy Demmer — Walz’s Republican opponent — has criticized the incumbent’s support for health care reform and the uncertainty the landmark legislation has caused for employers. And that legislation was part of the conversation between the Bastians and Walz.
Angie Bastian said the company’s human resources manager is having trouble finding detailed information about how the reform, which will mostly take affect in 2014, will impact their business.
“We’re looking for information,” she said. “... It would be helpful to have that so we can plan.”
Walz concurred, saying federal agencies need to finalize the rules surrounding the reform bill so that businesses of all sizes will know what will be expected of them and what sorts of tax credits they will receive. Ultimately, he said most small businesses will like what they see.
“The more people find out what’s in there, the happier they are,” he said.
The campaign event came one day after President Obama signed the $30 billion Small Business Jobs and Credit legislation into law. The bill aims to boost access to capital for small businesses looking to expand.
Walz also noted the tax cuts passed as part of the economic stimulus bill and his support for extending Bush-era tax cuts for the middle class. In addition, he said efforts by the Democratic Congress to boost renewable energy and expand off-shore oil drilling will stabilize energy prices by making America less dependent on foreign oil.
Still needed, he said, is passage of a five-year transportation bill to streamline government road and transit projects and finance improvements to infrastructure that will reduce the cost to businesses of sending their products to market.
Angie's will wonder where Walz is then, and how she's gonna pay the mortgage after the fines and with the pickets around her plant.
As opposed to, for example, you.
Targeted tax cuts? That smacks of government intervention in the market place. Why not just have across-the-board tax cuts? Oh, I get it, that is not the Democrat socialist way.
Walz should do a lot of explaining to voters why Obamacare won’t kill most of the small businesses in the Mankato area. If Democrat Mark Dayton gets elected governor in Minnesota and does good on his pledge to raise Minnesota taxes that are already too high Mankato and most of southern Minnesota will be a barren wasteland of closed businesses. (I lived in Mankato years ago and have my graduate degree from Mankato State.)
Walz is a fat slob, a liar, a hypocrite, and a handmaiden for Pelosi — on a good day. I encourage all freepers to support his GOP opponent, Randy Demmer, who has a real shot at this race.
I hope that Randy Demmer wins.
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