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Wisconsin Radio Network
- Wednesday, June 3, 2009
Kind: Economy growing but tough road ahead
Some encouraging signs for an economic recovery recently but we're not there yet according to Wisconsin Congressman Ron Kind (D-La Crosse). He says the future will and should and look different. Rather than the economy simply continuing to muddle along from bubble to bubble, the ground work must be laid for sustainable economic growth. He includes health care reform, a new energy policy, as well as ensuring human capital including quality education and job training.
"Otherwise we're just waiting for the next bubble to give us this illusion of wealth only to see it burst on us," warns Kind.
The La Crosse Democrat says part of sustainable growth is finding out what went wrong in order to fix the banks. He claims in recent times American capitalism has been operating without proper oversight therefore "a sense of balance" must be restored.
Kind says upward signs range from banks indicating they are ready to start repaying TARP funds to recent lower unemployment numbers. While most experts expect a turnaround in the third or fourth quarter of this year, the true measure of recovery will be creating good, new jobs. Kind says because that's the last thing to happen in a recession of this magnitude we're still in for a few tough months.
Campaign Spotlight
Kind Communities Service Projects
Throughout my life and work, I'm constantly reminded of the importance of giving back to your community. Therefore, I am asking you to join us as we work to turn out volunteers to the many important public service efforts that are going on around us every day.
Please click the link below to get involved, suggest future projects, and learn more about the Western Wisconsin organizations that we're working with.
Thank you and please help us keep our communities healthy and strong!
Sowing the Seeds of Reform
In 2007, Ron Kind took on powerful and entrenched special interests in an effort to reform our farm and food policies to be more equitable for family farmers and for taxpayers.
Check out why the New York Times called Ron a "crusader."
Read More about Ron.
