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Economic Growth DC
58 followers -
A 501(c)(4) social welfare organization devoted to an economy in the District of Columbia that is robust and dynamic.
A 501(c)(4) social welfare organization devoted to an economy in the District of Columbia that is robust and dynamic.

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When growth was close to 4% in the 80's and 90's, this was not a problem. Only since the economy slowed to roughly 2% growth after the dot com bust has this become a major problem. 2% growth does not have to be the new normal. In fact, if it does become the new normal, we're all in trouble. We've got to make it easier and less expensive to do business in the U.S. That primarily means tax & regulatory reform. Those are the two areas over which the government has control and can be an agent of growth. Just proposing higher taxes as an attempt to deal with income inequality does nothing to fix the underlying problem of slow growth. There's always going to be inequality, but the best to fix that is 3.5-4.0% growth.
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Economic Growth DC is up and running. Our two year business plan is below. We are entering a round of fundraising in support of our efforts. To offer your financial support, go to http://economicgrowthdc.org/donate/
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The DC Chamber of Commerce and the Greater Washington Board of Trade have both come out against an increase in the minimum wage for retailer's whose parent company generates more than $1 billion in sales, but they haven't done a very good job of explaining why it's such a bad idea.
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The Economic Growth DC website has been launched. The website address is http://economicgrowthdc.org. The graphic above details the current unemployment rate in each ward across the city. With the exception of Wards 2 & 3, the unemployment rate in DC is unacceptably high.
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We are hoping to launch the Economic Growth DC website in the afternoon of 4/16.
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