Governor Schwarzenegger was KVML’s Tuesday “Newsmaker of the Day”. Here are his words:
“Hello, this is Governor Arnold Schwarzenegger with another California Report.
I know that all across the great state of California people are struggling, unable to find work and provide for their families.
Our unemployment rate is 12.5 percent. In some areas it is up to 18 percent.
That’s why my Number One priority is jobs, jobs, jobs.
That’s also why in my State of the State Address I announced a Job Creation Package to make it easier for businesses to expand and hire.
And I promised you that I would not stop fighting until we got the job done. This week, we delivered on that promise.
On Monday, I was in the Mojave Desert to sign a law that will cut thru red tape and streamline the permitting of renewable energy projects like solar wind farms, geothermal and so on.
This will help revolutionize energy in California. And at the same time, it will create a lot of new jobs.
20 clean-energy projects are in the pipeline this year. And they’ll bring more than 12,000 jobs and $30 billion to our economy. They are also candidates for federal stimulus funding, as much as $10 billion.
And we know that every $1 billion in investment generates about 18,000 new jobs.
So this is what I’m talking about. We need to create those jobs.
But let me tell you something, Monday was just the start of a great week of action.
On Wednesday, I signed another bill to help us attract and retain green technology jobs.
Under this new law, businesses won’t have to pay the sales tax when they buy green-tech manufacturing equipment.
What will this do? This will save businesses money allowing them to grow, expand and hire even more workers.
Then, on Thursday, I was excited to sign yet another job creation bill, the homebuyer tax credit.
So if you’re in the market for a home you’re now eligible for a tax credit of up to $10,000.
And, of course, that means jobs for everybody, and I’ll tell you why.
Because if you sell more homes, then you have to build more homes, and when you build more homes, it has a domino effect.
All of a sudden there are more jobs for roofers, painters, electricians, carpenters, landscapers, plumbers and so on. Everyone goes back to work, and that will rebuild our economy.
We got all this great legislation passed because everyone worked together.
You see, when Democrats and Republicans work together, they can do great things.
So I want to thank the Democrats and Republicans for the great work they did this week.
Together we will bring California’s economy roaring back out of this recession.
Because it’s our job in Sacramento to give that little push to the economy to get businesses hiring again.
And I won’t stop fighting until every Californian who wants to work has a job.
Thank you for watching and thank you for listening.”
The “Newsmaker of the Day” is heard each weekday on AM 1450 KVML at 6:47, 7:47 and 8:47am.
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