Pascrell: Here's What We Can Do to Create Jobs

Pascrell discussed the need to create more jobs in an effort to boost the economy and stabilize property values in the short term and emphasize research and technology initiatives in education to prepare students for their future in the workplace.

“The solutions of our problems, they’re here,” Pascrell said, referring to William Paterson University and insitutions of higher education in general. “I think optimistically about the future. We want and we need essential change.”

Creating a new North American trade agreement and exporting more goods out of the country are measures that should be immediately taken to improve the economy and create jobs.

“You can’t tell me that American trade policies that create jobs,” Pascrell said. “We have transported more manufacturing jobs out of this country than from any other area. Manufacturing is the backbone of this country.”

Investing in local, family-owned businesses must be a part of the economic recovery process.

Educating the next generation of business leaders must also be a part of the process.

“We have decided to put education in the background,” Pascrell said. “Public education needs to be at the center of what we do.”

Public sector jobs are especially necessary. Business owners and legislators must work together and form a partnership to ensure that jobs are created on an on-going basis, Pascrell said, noting that increasing the United States’ dependence on Green technology is one way that can be accomplished.

Investing in the manufacturing of eco-friendly technology will not only create more manufacturing jobs it will protect and sustain the environment, Pascrell said.

Small businesses
Entrepreneurship must be encouraged so new jobs can be created. Banks must be given the capital needed so people can take loans out to start businesses and purchase homes, Pascrell said.

The government needs to find a way to quell ever-increasing healthcare costs for small businesses and start-ups.

“Sixty percent of small businesses in New Jersey have declared bankruptcy because they couldn’t afford healthcare costs,” Pascrell said.