http://www.richardsonforpresident.com/issues/jobs_and_the_economy/Our country faces a great economic challenge. Increasingly, highly-skilled workers across the globe are competing for -- and winning -- the most desirable jobs available. Many of these workers come from nations with governments that have made the three essential choices that grow economies and create jobs:
1. They are choosing to invest in the future rather than spending extravagantly on present-day consumption
2. They are investing in science and technology, and
3. They are investing in their workers through education and workforce development
I have a plan to meet these challenges by encouraging innovation and expanding economic opportunity.
Restoring Fiscal Discipline to Our Government
Under President Bush, our country's national debt has skyrocketed to a record-breaking $9 trillion, with interest payments on the debt reaching $404 billion last year alone. Our next President must have the discipline to rein in spending so that we may return to the budget surpluses we experienced during the Clinton Administration. As Governor, I consistently demonstrated fiscal responsibility, and as President I will restore America's financial strength.
Investing in Technology and Innovation
If America is to retain its leadership in the global marketplace, it must renew its emphasis on science and technology and establish new incentives for innovation. As President, I will achieve this through an aggressive combination of tax credits, Green Jobs programs, and the establishment of 250 Math, Science, and Innovation Academies throughout the country.
Investing in and Protecting the American Workforce
A highly skilled, well-paid workforce is central to sustained job growth and a healthy economy. Our country must establish a strong foundation of improved education and a workforce development system that's streamlined and targeted to the needs of the 21st century economy. We will make this happen through tax credits that offer incentives for good-paying jobs in all sectors and regions of the country, including manufacturing and rural areas.
The Bottom Line
Our nation is more than a piece of land or a set of laws. Our nation embodies the belief that tomorrow can be better than today.
Together, we can do this. We can restore fiscal responsibility to our government. We can be the catalyst for innovation. And we can keep America's promise to its Middle Class workers.
A strong economy is the engine of everything that America does and everything we want this country to be. I have the experience and the record of accomplishment to meet the economic challenges we face and to lead our country into the future.
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