|
Gina Raimondo on Budget & Economy
|
|
|
I don't think we should be talking ourselves into recession
Q: Can we avoid a recession if interest rates keep climbing?RAIMONDO: I was recently talking to the CEO of a major U.S. company who said to me, you know, it's almost like we're trying to talk ourselves into a recession. He said he sees no signs of
it. His customers, both individual and companies, are buying. So the fundamentals of this economy are very strong. Inflation is our problem and it is our top priority. And so I think perhaps a transition to a more traditional growth level, but
I don't think we should be talking ourselves into a recession.
Q: So how do you explain the disconnect between the strong economic fundamentals that you point out and the lowest consumer confidence that we've seen in years?
RAIMONDO: Inflation.
One word. Because of the president's leadership, we averted the deep, deep recession, and I don't think we will ever see that. The challenge now is prices and we're working on that and we will get that under control.
Source: ABC This Week interviews of Biden Cabinet
, Jul 10, 2022
We've made it easier to do business in Rhode Island
We've made it easier to do business in Rhode Island, cutting thousands of pages of regulations and providing 120 loans to small business--more than half of
which have gone to women and minority-owned businesses. That small business loan fund didn't even exist when I became governor.
Source: 2020 Rhode Island State of the State address
, Jan 14, 2020
Put line-item veto on the ballot
It is time to pass line item veto. We know this is something the vast majority of Rhode Islanders want. Nearly every other state uses line item veto to reduce waste in government spending and corruption--and to ensure that tax dollars help all citizens,
not just those with connections. Let's restore Rhode Islanders' confidence in government and put line item veto on the ballot.
Source: 2020 Rhode Island State of the State address
, Jan 14, 2020
Investing in job training, incentives helped business
The governor, a former venture capitalist, points out that Rhode Island, and the state's manufacturing in particular, was "really hard hit" by the Great Recession of 2008. "We really had to put our shoulder to the grindstone, invest in our talent,
invest in job training, provide incentives to make it easier to do business in Rhode Island," Raimondo said. "Because of all that we have seen a pretty remarkable turnaround, including in manufacturing."
Source: Forbes magazine on 2018 Rhode Island Gubernatorial race
, Jul 5, 2018
Page last updated: Nov 22, 2024; copyright 1999-2022 Jesse Gordon and OnTheIssues.org