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October 13, 2012

Doheny says debt and high unemployment must be turned around

(Continued)

Owens, who voted for Obamacare, said it is a good first step in improving the system, but it still needs work.

“I’ve worked with Republicans and Democrats to eliminate parts of the Affordable Care Act that don’t work for families or businesses, like eliminating the medical-device tax, while keeping the parts that improve care and reduce costs,” he said.

‘INVESTMENT NEEDED’

Doheny spent a decade on Wall Street working to turn around distressed companies. He said one of the main problems in Washington, D.C., is partisanship. When neither side is willing to compromise, nothing gets done.

“I am a businessperson, and I’ve learned that if you don’t compromise, you don’t eat,” he said.

“If you don’t compromise, you don’t accomplish anything, and that’s worse.”

Because of the gridlock, many investors are reluctant to spend capital when they don’t know what policies are going to be implemented by government, he said. And as a result, businesses will not grow, and they will not bring on more workers, which will not help lower the unemployment rate. 

“If you change the rules every three months, you are not going to be productive,” he said.

“People (investors) will sit on the sidelines, and you need to have investment to grow the economy.”

Owens said the unemployment rate can be improved. He said there are 3,200 unfilled jobs in the district, and more training needs to be made available to get those positions filled.

“That takes people off the government rolls and puts them to work growing the local economy,” he said.

“By continuing to recruit companies from Canada, as I’ve done throughout my career, we can also help create new jobs and opportunities in the community.”

A DOZEN OFFICES

If elected, Doheny said, he will have an office in each of the 12 counties in the district instead of just one on each side of the massive territory it covers. He said he would pay for the offices with the funds Congress members are allowed to use to send out glossy mailers several times a year.

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