Jackson: New jobs within 100 days
The Post asked the candidates in the Democratic primary: "What is the most important thing the county can do to attract more jobs and development?"
By Michael A. Jackson
No issue has had a more profound effect on families in Prince George’s County than the sagging economy. It has resulted in high unemployment, foreclosures and lack of opportunities for people now entering the workforce. Jobs and job creation are the obvious answers to these challenges.
The Michael Jackson Jobs Plan addresses these problems immediately, with a concrete, workable reinvestment and recovery program that will kick-start the Prince George’s economy. It uses targeted tax credits, expansion of low-interest loans to small businesses, acceleration of public construction, creation of a local green-jobs economy, and a plan to push for the relocation of federal and state jobs to our county.
Unlike my opponents’ proposals, my plan is designed to provide an immediate economic boost by creating hundreds of jobs within the first 100 days of my administration. It can be carried out without raising the taxes of our residents.
Here is one example of how I will create jobs and spur development: Small businesses drive our economy by providing millions of jobs each year. I will expand small-business access to credit by establishing a revolving fund with up to $10 million from the county general fund — half in this fiscal year, half in the next — to provide loans of up to $50,000 for small businesses for expansion, upgrades and hiring new staff, who must be county residents.
This is not my comprehensive economic development plan, which includes my education program and is more involved, dealing with both short-term and long-term economic expansion and development. But, collectively, this jobs plan will put us on a faster track to prevent more job losses, enhance employment opportunities and give small businesses an opportunity to succeed in this challenged economy.
The writer is Prince George’s County sheriff.
| August 29, 2010; 12:14 PM ET
Categories: Maryland, Prince George's County
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