ECONOMIC POLICY:

All Americans are suffering the effects of the current economic crisis and failed economic policies of the past. Western Iowa has been hit particularly hard. Iowans are working harder for less pay. High healthcare costs and hidden healthcare taxes for Iowa families and businesses are hindering economic growth and opportunity. This is wrong. We can do better. Our district and country need economic policies that will create jobs today while also laying the groundwork for long-term economic growth. To accomplish this I believe we must focus on creating manufacturing, education, and research and development jobs in sectors where we have a competitive advantage, such as agri-business and green industries. Additionally, we need to support our small businesses by providing easier access to capital and removing government red tape so our business people can concentrate on generating growth. Furthermore, a vibrant economy depends on a well-maintained, 21st century infrastructure. I support investing in improvements and expansions to transit modes that will create immediate jobs and attract new businesses to Western Iowa in the long-term.

With our national debt and unfunded liabilities nearing $57 trillion, I believe we must take action to lessen the burden that future generations will have to bear. That is why I will focus on responsible debt reduction once the economy is running smoothly again. I believe we must also limit future deficits by implementing budget controls and eliminating wasteful spending. If elected, I will support tough program evaluations to make sure our tax dollars are being spent prudently.

To protect against a future financial crisis, I support implementing sensible financial system improvements to protect regular Iowans like you and me without hampering business development and financial activity. Regulatory agencies need the funding necessary to keep pace with financial innovation, and a council of regulators should be formed to identify and address systemic risks. Additionally, financial ratings agencies must be reformed to align their interests with the investors that rely upon them.