David Shepherd: News Blog

Journalist's Notebook

Economy Improves Slowly; Indiana’s Governor Remains Concerned

By: David Shepherd [dshepherd@wtwo.com] – Tuesday, September 28, 2010

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TERRE HAUTE, IN — The Obama administration is claiming economic progress, but not everyone is so sure our worst times are behind us. 

Indiana Governor Mitch Daniels said Sunday he remains concerned about the economy and says Washington needs to get it in gear.

Earlier this week, there was good news on the housing market.  Housing starts surged last month well beyond what economists had forecast, but it’s still not enough to stifle talk of a double-dip recession.

The governor says, “I’ve been worried for some time that the economy still looks fragile to me and I don’t think we could rule out the possibility that it slumps again.  Let’s just hope not.”

While hoping for the best, Daniels says he’s planning for the worst as the job market continues it’s long struggle.  “Indiana is adding jobs at 3 and a half times the national rate.  But the national rate is so darn slow that it’s not getting us nearly where we need to be.”

Part of the governor’s plan is to continue a push to draw more people to the state.

“Keeping taxes down, keeping Indiana an attractive place for the jobs that are being created is number one,” explained the governor.

Gov. Mitch Daniels - (R) Indiana

As Daniels continues his plans to jump-start the state’s still slumping economy, he’s calling on lawmakers in Washington to do their part.

“Let’s just hope that Washington begins to take pro growth, pro jobs policies.”

This, as the Obama administration admits progress is coming in slow increments.

The President said last week,  “We stopped the bleeding, stabilized the economy, but, the fact of the matter is, the pace of improvement has not been where it needs to be.”

Another key to Daniel’s economic plan is finding a way to keep the state’s budget in the black without raising taxes for already struggling Hoosiers.  It’s a task that gets more difficult the longer the job market remains fragile.

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September 28, 2010 - Posted by | News & Current Events, Polls, Uncategorized | , , , , , , , , , , , , , , , , ,

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