Urging Swift, Decisive Action to Rescue the Economy
America’s economy is in its worst shape since the Great Depression. Since the recession’s onset in December 2007, 3.6 million U.S. jobs have been lost.
Swift and decision action is needed to stem this tide before the crisis reaches catastrophic proportions. That’s why passage of President Obama’s economic stimulus plan, which would create four million new jobs and invest in improving our ability to compete in the global economy, is critical.
Even though Long Island has fared better than other parts of the country, we are not immune from the recession’s effects. Employment in sectors such as financial services and construction has been hard hit. Reduced tax revenue is forcing county government to shed jobs, roll back wages and cut services.
Yes We Can! Long Island supports President Obama’s recovery strategy, and we want to make sure Long Island receives its fair share of the economic stimulus package.