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Governor’s Office Praises International Trade

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Lt. Governor Abel Maldonado was Tuesday’s KVML “Newsmaker of the Day”. He is filling in for Governor Schwarzenegger. Here are Maldonado’s words:

“Hello, this is Lieutenant Governor Abel Maldonado, filling in for Governor Arnold Schwarzenegger with another California Report.

In these tough economic times, increasing trade is critical to California’s economy.

And that is why this week, the Governor is leading a trade mission to Asia.

More than 70 of California’s top business, technology, agricultural and tourism leaders are joining him.

And together, they will strengthen California’s economic and diplomatic bonds with China, Japan and Korea.

Here is why this is so important:

• In California, one in seven jobs is trade-related.

• We export more than $120 billion worth of goods every year, to 220 foreign markets.

• And increasing trade creates jobs and strengthens our economy.

• In fact, since 2003, our exports have increased by more than $25 billion, which means tens of thousands of jobs for Californians.

But we must keep pushing forward because there are still more markets and more opportunities to seize.

This is especially true in Asia.

California is perched on the Pacific Rim and is uniquely positioned to take advantage of the exploding Asian market.

Now think about this, trade accounts for $16 billion in revenue for California’s state and local governments, according to the U.S. Department of Commerce.
Imagine if California doubled its exports. Imagine how many more jobs that would create, and the billions of dollars in revenue that would generate.
Rather than raising taxes, we should be focused on increasing trade and stimulating our economy.
That is what this trade mission is all about.

It will bring home more jobs, more trade and we will ensure that California remains a global economic leader.

While he is out of state, you can expect that I will continue to expedite any project that may come before us.

I am proud to work in partnership as an executive team here on the first floor.

Californians have demanded their leaders work for them. And that is what I have always committed to do.

Thank you for watching, and thank you for listening.”

The “Newsmaker of the Day” is heard each weekday morning on AM 1450 KVML at 6:47, 7:47 and 8:47am.

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