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Dave Schmidt
11014 19th Ave SE Suite 306
Everett, WA 98208

Phone:
425-495-3033
or
206-276-6376

Email:  dave@
daveschmidt.org


     The Need for a New Economic Policy in   WA State


Dave discussing issues at a technology forum.

We Live in a Changing World

Our world is rapidly changing.  From international issues to the local cul-de-sac, the coming years will be different for ourselves and our children.  While we are facing the worst economy since the Great Depression, we continue to face unrest in the Middle East and competition for our current jobs from a growing economy in China and India.  These issues impact our everyday lives at home, work and school,  Yet the current legislature continues to develop fiscal polices as we were in the past decade.  The State budget decisions in the next few years will set a tone for the decade to come. 

The Need for a Sound Economic Policy 

in WA State

While there are over 100 issues before the legislature each year, nothing impacts our everyday lives more than the WA State's economic policy.  This year the Democrats with a super majority on the both the House and Senate are debating over how to raise $800 million in taxes.  

But here's the real story being ignored.  Because of their spending policies, WA State will face an $8 billion deficit when session starts next year.  Bow wave spending programs created in the last few years will need to be funded next year and beyond.  If the Democrats with a super majority can not make appropriate cuts for this budget, what are they going to do next year.  This is an issue that cannot be ignored and it is simply not going away.  For an outline of the programs and costs that add up to $8 billion, click here.  

This year is only the tip of the iceberg.  To be very frank, the next 4 years are going to be very ugly.  In my 20 years of being around the state legislature, next year's budget will be the worse I've ever seen.  There are no more one time federal government or rainy day funds to patch the holes in the dike as they did this year.  If the Democrats cannot agree on major policy changes this year needing $800 million, what will they do next year when they need $8 billion?  The title to an article in Everett Herald during the special session sums it up best....."Legislators just can’t make tough budget decisions, lobbyist says."

This is why I'm running again.  We must change our economic policies, not just provide temporary plugs for the current leaks.  We are in the worst economy since the Great Depression eighty years ago and the Democrats are running fiscal policies like they did 5 years ago.  It will get better next year and we'll be fine they keep saying.....all the while the deficit keeps piling up.  They refuse to make the hard choices and are sending us to an economic disaster for the coming decade.  Remembering our history, the economic market crash came in 1929, but the worst unemployment and economic situation developed 3 years later between 1932 to 1935.  If we do not make major policy changes.....we are headed for the same results.  This is a future budget deficit that we cannot cut or tax ourselves out of.  Major changes must be made.   

Dave at and Education Committee hearing in Olympia

Education, the State's Paramount Duty

As stated in our WA State Constitution, education is our paramount duty.  For the last 1 1/2 years I have been serving with the Governor Gregoire on the WA Learns Steering Committee.  We have made a bold commitment to change the face of education in WA State.  Keeping the same course is not acceptable, we must make dramatic changes to our education system.  The jobs of the future will require a highly trained and educated work force.  China and India are producing 8-10 times the number of college graduates in the technology and engineering fields.  We must provide a reliable path of a quality education for their future.

It is time to trade our textbooks for laptops in our classrooms.  It is time to provide access for a quality higher education so our children can compete in a global marketplace for tomorrows jobs.

Dave with Governor Gregoire at a bill signing in Olympia

 

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