E-Newsletters
As the Small Business Chairman, I hear every single day from small businesses throughout the country. I firmly believe that an important part of getting our economy back on track is making sure that small businesses begin hiring again. They create 7 out of every 10 jobs and play a big part in ensuring that our economy is growing.
Americans who want to start new businesses currently face many discouraging obstacles that have dampened the entrepreneurial spirit of this country and damaged a critical source of job creation.
Last month, the Supreme Court heard testimony on whether or not the President's new healthcare bill is constitutional. I've said repeatedly that I do not believe that Congress has the power to make a citizen buy a certain product or good, just because they are a citizen.
The Court is expected to rule on the issue sometime this summer. I hope the Justices will toss out the bill because it's an example of government overreach and because I believe it's bad for businesses both large and small.
There are a great many people in Washington D.C. who believe that all the wisdom in the country is located there. I don't happen to believe that. In fact, I believe that many of the common sense solutions we need can be found far away from the Capitol.
Take for instance, last year's devastating flood along the Missouri River. The U.S. Army Corps of Engineers tells us that the flood happened because they did not have enough flood storage room to contain it all.
There are some who believe that the United States government has an endless supply of money to do all things. I don't believe that. I believe that budgets are about priorities. These are the kinds of decisions that Missourians make every day with their budget.
For instance, you may want a new pickup truck, but you may not be able to buy it this year because you need to fix a leaky roof. We have to decide which of our needs gets the limited amount of resources that we have.
In Northwest Missouri, we are anxiously watching the Missouri River as the run-off in the Mountains begin. We all remember last year's devastating flood and its remarkable duration. It's important that we act now to prevent a repeat of this disaster.
I believe that we are asking the U.S. Army Corps of Engineers to juggle too many responsibilities. Oftentimes, those demands are counterproductive. We should instead be focused on one overall priority.
In today's world, we've become accustomed to getting things quickly. We now have 24 hour access to electronic mail. We have instant coffee machines. You can heat up a meal in a microwave in a matter of minutes. Everything today is about getting it done now.
Unfortunately, there are very few quick fixes for rising gas prices. We are paying the price for being dependent on other nations for our energy. The only solution is a long-term strategy to increase our supply of energy.
Energy prices continue to climb, having a major impact on family budgets in Missouri. Meanwhile, our nation's unemployment rate continues to hover around double digits. In Washington, those problems are seen as two separate issues. They shouldn't be. We can create a win-win situation for Missourians if we find solutions that tackle both problems simultaneously.
We can both create jobs and push us further down the path of energy independence. I would pursue an all-of-the-above solution for energy independence. A part of the solution is nuclear energy.
I've said before that you cannot tax your way to prosperity. I also believe you cannot tax your way to energy independence. Yet there are still those who want to increase the gas tax or implement a cap and trade-style energy tax to reduce our energy consumption. I believe the best thing to do is increase our supply of American energy.
Here in Missouri's Sixth District, we are helping create American energy. Farmers, and the renewable energy they produce, can play a role in reducing our high energy costs. We also are leading the way in wind production.
Missouri has a long history of producing coal. In fact, the Show Me state was the first state West of the Mississippi to produce coal for commercial use. When it comes to the generation of electricity in the United States, about half of that power is provided by coal.
The coal industry is booming. The United States is one of the world's largest exporters of coal. According to the Energy Information Administration, there is enough coal to last for the next 200 years.
Here we go again. Gas prices have risen for the last 20 straight days and we are now closing in on $4 gas. It's time for this energy-rich nation to stop acting like an energy-poor nation.
We cannot solve the problem overnight, but we can take action now that will help reduce the price at the pump in the medium and long-term. We need to increase the use of renewable and alternative energy, we need to increase the number of refineries, we need a smart energy conservation plan and we need to keep exploring for energy in America.
