Penny Starr reports at CNSNews.com that Tom Donohue, president of the U.S. Chamber of Commerce, said at the organization’s headquarters in Washington, D.C., on Wednesday that Americans and not the government are the answer to the country’s economic woes. At an event Wednesday to launch its ‘Dream Big’ campaign to promote the American free enterprise system, U.S. Chamber of Commerce President Tom Donohue said that people, not government, will create the jobs needed for economic recovery.
“The government can support a few jobs in the short-run, but over the long-run only the private sector, powered by free enterprise, can keep America working,” Donohue said in his prepared remarks.
“We believe it is imperative to remind, educate, and persuade our fellow citizens and leaders that it was a free enterprise system based on individual initiative, hard work, and personal responsibility – operating with free trade, free capital markets, and reasonable taxes and regulations – that created the greatest economy the world has ever known,” he said.
“It’s free enterprise that will put America back to work,” Donohue said.
Donohue told CNSNews.com that raising taxes in the current economy would be ‘devastating’ and that the organization of some 3-million-member businesses would engage Congress on the subject, including whether the Bush tax cuts should be allowed to expire in 2010.
“We’re going to participate in that debate, and we’re going to encourage government at every level to look very carefully about increasing taxes, because we have seen time and time again – both here and around the world – that if you increase taxes on, around or near a recession, the results are devastating,” Donohue said.
Read more at: CNSNews.com