Economic Growth DC

Economic Growth DC Economic Growth DC is an economic policy organization that serves as a catalyst for increasing the ra The national average is 12%.

We are a non-profit incorporated in the District of Columbia under Title 29, Chapter 4 of the DC code. We are organized within the meaning of section 501(c)(4) of the Internal Revenue Code as a social welfare organization dedicated to promoting the common good and the general welfare of the residents of the District of Columbia through a more robust and dynamic economy. Economic Growth DC accompli

shes this goal by engaging primarily in three activities: 1) Advocating before all elements of the government of the District of Columbia on behalf of legislation, regulations and policies that enhance economic growth; 2) Supporting local and neighborhood business associations, business improvement districts, economic development corporations, civic associations and other civic groups dedicated to establishing and maintaining an environment conducive to robust economic growth; and 3) Supporting pro-growth candidates for elective office in the District of Columbia. Our mission is to catalyze an acceleration in the rate of growth of the economy of the District of Columbia and ensure its permanence. We strive to make the District an easier, better and less expensive place to do business — a place where existing businesses would like to relocate to in order to take advantage of our highly educated workforce, and a place where entrepreneurs come to start new businesses. The District’s economy grew at an average rate of 1.28% from 2006 to 2014. The District has a number of spending priorities from affordable housing to Medicaid to the fight against homelessness to its education system. To fully fund these priorities, economic growth must accelerate substantially. In addition, the District derives over 35% of its gross state product from government spending. Enhancing economic growth is the best way to improve our GDP to government spending ratio. Economic Growth DC believes that the District of Columbia has two economic imperatives: a) to accelerate the rate of growth of the District’s economy into the 3.5-4% range and keep it there; and b) grow the private sector portion of our economy fast enough so that the percentage of our state domestic product derived from government spending drops to under 17% by 2025.

Justice Denied in Washington, DC http://t.co/Ug0lq8ht8x Dave Oberting writes about his white privilege.
09/06/2015

Justice Denied in Washington, DC http://t.co/Ug0lq8ht8x Dave Oberting writes about his white privilege.

  By Dave Oberting   My White Privilege I was born into a middle-class Midwestern family. Both my parents were teachers. They stayed married to each other for 37 years until my father passed away about a decade ago. The neighborhoods I grew up in were safe and secure. The kinds of neighborhoods wher…

Justice Denied in Washington, DC http://t.co/Ug0lq8z4x7 Dave Oberting writes about his white privilege.
09/04/2015

Justice Denied in Washington, DC http://t.co/Ug0lq8z4x7 Dave Oberting writes about his white privilege.

  By Dave Oberting   My White Privilege I was born into a middle-class Midwestern family. Both my parents were teachers. They stayed married to each other for 37 years until my father passed away about a decade ago. The neighborhoods I grew up in were safe and secure. The kinds of neighborhoods wher…

Where to Start with Regulatory Reform Part II http://t.co/pnogTFC59n Labor Markets, Telcom, Healthcare and Criminal Just...
08/30/2015

Where to Start with Regulatory Reform Part II http://t.co/pnogTFC59n Labor Markets, Telcom, Healthcare and Criminal Justice...

In a previous post, Where to Start with Regulatory Reform, we made the case for changing the incentives that govern the way regulators are measured and compensated. Today, we offer a starting point for the District's regulatory reform efforts: The Problem In a Washington Post article dated July 10th…

Current Economic Conditions in the District of Columbia http://t.co/gS7752OneI Wondering what's really going on with the...
08/28/2015

Current Economic Conditions in the District of Columbia http://t.co/gS7752OneI Wondering what's really going on with the District's economy?

  When a visitor comes to the District, they look around and see dozens of construction cranes, 300 shiny new restaurants opened in just the last two years and inevitably think the District must be booming. There are certain segments of the economy that are doing well and affluent residents have ben…

08/27/2015

There will be only one of you for all time. Fearlessly be yourself.

08/26/2015

Just because you're on parole or probation doesn't mean you cede your constitutional rights. Did anyone run this by the attorney general?

08/26/2015

DC is ranked 45th in the Tax Foundations rankings of business tax climate.

08/26/2015

Forcibly removing Jorge Ramos from a press event. Brilliant Donny, brilliant. You're well on your way to the 35% of the Latino vote you need

08/26/2015

As it relates to the Pepco-Exelon merger, the U.S Federal Energy Regulatory Commission, the U.S. Department of Justice and regulatory bodies in VA, MD, DE, and PA all feel the merger is in the public interest. What makes DC so different??

The reasons articulated so far for denying the merger petition are not even close to being convincing.

08/25/2015

China had $70 billion in capital outflows in July. That's their biggest problem.

08/25/2015

Donald Trump and Hugo Chavez share a number of important characteristics. Think about that America.

08/24/2015

The day foreigners don't want to come here to have their children is the day we're really in trouble.

08/24/2015

The longer term solution to the violence is an economy that creates way more jobs.

08/24/2015

A slow-growth economy that has led to an unemployment rate for DC residents aged 18-24 of 23% is a factor in the violence.

08/23/2015

If Trump is the nominee, that's the end of a modern, competitive Republican party. Ever seen a whole party throw in the towel?

08/23/2015

When America does finally tune into this election, they're going to be shocked at the stuff coming out of Trump's mouth. It's embarrassing.

08/23/2015

Making college more affordable is what made it unaffordable in the first place.

08/21/2015

If things do go south, the Fed has very few tools left...

08/21/2015

The Confidence Board's index of economic indicators ticked down in their most recent report, a sign that the "economy may be in trouble."

08/20/2015

The unemployment rate for DC residents age 18-24 is 23%. The national average is an also high 16.4%.

08/17/2015

Let's dispel this radical notion that you have to reduce living standards to fight climate change. That's, as they say, cookoo talk...

08/16/2015

Yes, he brought 28mm viewers to a debate, but if the end result is the permanent alienation of 50 million Latino voters, then where r u?

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