U.S. Chamber of Commerce President Delivers Annual State of American Business Address
On Jan. 10, U.S. Chamber of Commerce President, Tom Donohue, delivered the widely-anticipated State of American Business address in Washington D.C. Much of his remarks focused on policies and opportunities for continuing economic growth in the United States under the social media hashtag of #Jobs2018. Mr. Donohue applauded the regulatory reforms and tax reforms of the Trump Administration and stated that our country must continue such common-sense reforms to free American job creators and to reset American jobs for the future.
Mr. Donohue cited statistics on the American workforce showing “baby boomers” exiting the market at significant rates and called for needed reforms to the immigration system and specialized jobs training to meet the workforce needs of the current and future economy. Citing the need to address DACA and recent TPS actions, in addition to changes of spousal work authorization, Mr. Donohue stated that the U.S. Chamber is engaged with business leaders to bring needed reforms to the U.S. immigration system to strengthen and grow our workforce. He forewarned that without needed reforms, the United States will find it very difficult to grow its economy at levels necessary to provide opportunities for all Americans in the coming years.
This wide-ranging address also mentioned trade and global competition as complex areas needing skilled negotiations to strengthen the U.S. economy.
Mr. Donahue’s remarks can be found here.