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ECONOMY AND THE JOB MARKET

We must fight for working families by expanding opportunities and creating an economic environment that allows for job growth. The last eight years have been a disaster for the average American family. The most important thing Washington can do to promote job and economic growth is remove barriers facing the private sector. Today, the tax code is anti-jobs,anti-growth, anti-small business, pro-special interest, pro-lobbyist. Congress should pass taxreform that lowers rates, inspires economic growth, and ends nearly all loopholes and deductions.

I agree with President Trump ending the North American Free Trade Agreement (NAFTA) and renegotiating other foreign trade so that each deal better serves the interest of the United States and its citizens. Poor trade agreements, such as NAFTA, have directly affected people inside of District 4. Take Fort Payne in DeKalb County as an example. In 1997, Fort Payne was once known as the Sock Capital of the World. There was about 8,000 people working at the 125 hosiery mills in Fort Payne. Today, the 20 or so remaining mills employ about 600, a staggering decline for a town whose economy has long relied on sock production. With soaring cotton prices and cheaper costs overseas, due in large part to NAFTA, and companies citing the threat of global competition, the dynasties in Fort Payne have disappeared. So has the sign off Interstate 59 that proclaimed Fort Payne The Official Sock Capital of the World.

The explosive expansion of government regulations is threatening economic growth and job creation as much, or more, than taxes are. Obamacare, Dodd-Frank, climate change,and labor market regulations all weigh down the economy. Rolling back excessive, job-killing regulations and preventing new ones will be one of my top priorities in Congress.


Committee to Elect Mike Moses
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