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Published: Tuesday 27 August, 2013

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Several rapid but strategic investments in infrastructure are the best way to stimulate shortterm and midterm job growth within the state. The construction or refurbishment of basic infrastructure roads, bridges, airports, transit systems produces jobs, makes the economy more efficient and will make the state more attractive for the travel industry, a sector that still has tremendous potentia online clothes store l. Investments in advanced communications infrastructure, particularly information networks as proposed for the Smart Bay Area or Smart Valley and pushed by the administration, provide high quality jobs and promise to position the area to compete efficiently in the new century.

Investment in education, training, and worker readiness are crucial to Californias social and economic viability. Support and assistance of appropriate job training and worker readiness programs are of critical importance to the states future. Expanding the economy via human investment is likely to be a lot more sustainable than concentrating just on expanding the economy via creation of physical capital alone.

The research universities and national laboratories are Californias critical assets. If the state is to succeed in the 21st century, their role in the states economic future needs to be fully realized. We must encourage the development of a manufacturing extension service based along the lines of the highly successful agricultural extension services associated with landgrant universities. We need to enhance the role of community colleges in economic development activities, including job training for

emerging industries and small business development. California could lead the nation in the development of an education industry cluster combining education, high technology, and communications.

Since most of the job creation in the state will be in small businesses, we need to encourage the growth of business incubators including those that develop suppliers for emerging industries. Tax incentives for small businesses that create jobs should be enacted.

One promising area of job creation in the state is in the environmental cleanup industry. Enhancement of this industry will have the additional advantage of preserving the states natural assets such as parks and recreation areas. This w online clothes store ill maintain the attractiveness of the state to workers in hightech industries, research universities, and national universities who desire a high quality of life. Furthermore, the states vital tourism industry also requires maintenance and enhancement of the natural as sets of the state.

While California is currently beset with many problems and difficulties, let us not forget that the state is still the chief spawning ground for new businesses. According to Fortune magazine, California had 33 percent of Americas fastestgrowing companies in the US in 1992, and a recent Inc. magazine study reported that 23 percent of Americas fastestgrowing small companies were also in California last year. Californias many assets, including its worldclass universities, entrepreneurship, high tech leadership, a well diversified economy and its location on the western edge of the dynamic Pacific Rim economies, give it the potential for continued success in the 21st online clothes store century. It will need very aggressive public and private strategies if that potential for success is to be realized. online clothes store