Rep. Eric Swalwell has outlined his plans to tackle California’s pressing economic issues during a recent interview on CNN. As a candidate for governor, Swalwell addressed the state’s high living costs, unemployment rates, and the need for increased business development. While discussing these challenges, he refrained from attributing blame to the Democratic leadership for current inflation, instead focusing on actionable solutions.
In the interview aired on CNN’s “The Story Is,” Swalwell highlighted California’s significant economic concerns, stating, “We also have the highest unemployment rate in the country. We also have the fewest new small business starts.” His vision includes a proposed tax holiday for small businesses in their first three years, aimed at fostering job creation and encouraging entrepreneurial growth throughout the state.
When pressed by host Elex Michaelson about whether the Democratic leadership should be held accountable for California’s economic difficulties, Swalwell responded, “I’m not going to look to the past. I’m running to be the governor next year.” His comments reflect a campaign strategy focused on future solutions rather than past failures.
Proposed Initiatives for Housing and Business
One of Swalwell’s key initiatives is to declare a statewide housing emergency on his first day in office. He plans to mandate that all state agencies make decisions on pending housing projects within 90 days, effectively pausing certain environmental regulations under the California Environmental Quality Act (CEQA). This approach aims to accelerate the development of housing in a state grappling with a severe shortage.
Swalwell also expressed a desire to enhance California’s appeal to the entertainment industry, proposing an above-the-line credit for television and film productions. He stated that he wants the state to be “the easiest place to film, not the hardest place to film,” indicating a commitment to rejuvenating this significant sector of California’s economy.
Additionally, he emphasized the need for an all-of-the-above energy policy, advocating for the continued operation of oil refineries within the state. Swalwell’s approach includes expanding public-private partnerships and granting families greater rights to combat homelessness.
In discussing infrastructure, he mentioned plans to digitize the Department of Motor Vehicles (DMV), a move aimed at improving efficiency and service for California residents.
While Swalwell’s candidacy is still in its early stages, his proposals reflect a clear focus on economic revitalization through immediate actions and long-term reforms. As the gubernatorial race heats up, his strategies will be closely examined by voters concerned about California’s economic future.
Swalwell’s interview not only highlights his plans but also underscores the challenging landscape he hopes to navigate in his campaign to become California’s next governor.
