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And so new jobless numbers coming out this morning showing a drop from the previous week but still 421000.
Filing for first time unemployment benefits.
And our next guest says that congress those folks down in Washington are missing the real issue when it comes to creating jobs.
Democratic governor -- mark -- of Delaware is joining me now from Wilmington Delaware governor.
It's terrific to see you you've written about this extensively just some days ago.
And you said that.
Regulatory and tax policy needs to be more predictable and there -- been nothing of the sort.
Coming out of Washington think dean faulted Democrats for letting this tax issue go on longer than that.
Well I think the real bottom line here is that what all of us have to do with the policy makers at the -- the federal level.
We've got to put ourselves into the shoes of the people who create the jobs and the prosperity in the first place and we've got to focus in.
On the things that they care most about -- that's not that complicated -- care about.
Great schools reasonable tax is a good quality of life.
Strong linkages between institutions of higher education and local companies and a very responsive government.
And I just the other we've been so poorly served during the last campaign.
By the poor quality of the economic debate on both sides of the aisle that we've really got to focus differently and say.
And instead of getting all polarized what are we going to do -- it's actually going to make a difference in creating jobs and that's just what we have to do.
Will the debate doesn't hurt anybody but.
Not moving ahead with a tax policy and dealing with an expiration of tax cuts.
That we've been waiting for for about ten years that's and that's hard and fast work that didn't get done.
But -- did the tax compromise that is down in DC as from what we know about it right now it's still would allow.
These tax cuts to expire two years from now that many -- -- these provisions are temporary and that goes to your issue of predictability.
What it would -- you stated that that we're gonna have to deal with this again in a couple of years.
Well we've still not seen all the details of what side gonna come out we want obviously study those.
But again and -- -- what I hear most often here in Delaware we've gotten unemployment rate of eight point three.
Percent better than the national average but that's not really the point the point is we've got 35000 people here who want to be working and -- -- not who were not working.
That's why every single day we wake up and say how can we make a difference.
And we for example when General Motors went into bankruptcy they had to close plants all over the country.
The one that has a new lease on life -- in Delaware we had it because it's been purchased by company that they'll be making plug in hybrid cars.
We had a refineries that closed down refineries close and across the country.
The one that has -- -- -- -- is the one in Delaware.
Again because these business leaders understand that we get it there were responsive that we're focusing on education -- won there the race the top.
Those are the things that in the long run truly make a difference.
To where businesses are gonna create and expand jobs.
You are huge proponent of infrastructure investing would you get behind a higher gas tax to pay for it.
Yeah I have I haven't studied specific proposal obviously it's a tough time to 22 to raise taxes but that being said I just returned from.
Taiwan -- returned from China.
The level of infrastructure investment and some of these countries is just it is staggering.
And I took a -- train in in -- in Taiwan that was close to 300 miles an hour.
We don't have anything close to that and the fact is a strong transportation infrastructure makes a critical.
Difference in terms of the quality of our economy.
We -- we have to make those investments and of course in the end they're gonna have to be paid for.
-- -- right to say thank you senate for being here governor tax look elegant.
Please come back you're welcome back in --
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