L.A. Area Chamber


    TUESDAY | Nov. 18, 2008

 

 

 

 
 
   


Coming up
at the Chamber

View all upcoming events on our Web calendar.

FRI | Nov. 21
Accenture Pancakes & Politics Breakfast Speakers Series
Featuring the Hon. Isadore Hall, State Assemblymember-elect, the Hon. Fran Pavley, California State Senator-elect, and John A. Perez, State Assembly-
member-elect
more info

TUE | Nov. 25
Referral Network
Grow Your Business
more info

WED | Dec. 3
Land Use, Construction & Housing Committee Meeting
more info

WED | Dec. 3
Holiday V.I.P. Reception
By invitation only for Circle Level, Board and invited guests
more info

THU | Dec. 4
Transportation & Goods Movement Committee Meeting
more info

THU | Dec. 4
Energy, Water & Environment Committee Meeting
more info

The Los Angeles Area Chamber of Commerce is the voice of business in L.A. County. Founded in 1888, the Chamber promotes a prosperous economy and quality of life in the Los Angeles region. For more information, visit
www.lachamber.com.

350 S. Bixel St.
Los Angeles, CA 90017
213.580.7500 tel
213.580.7511 fax
info@lachamber.com


 


From crisis comes opportunity. That should be the driving mantra at Los Angeles City Hall as lawmakers react to the continued economic downturn.  To weather this economic storm, Los Angeles, like all cities in our nation, will need to aggressively support and foster business growth and job creation. This will require a much stronger partnership between the city and the business community.

Los Angeles City Councilmember Greig Smith took an important step in that direction 10 days ago when he introduced a package of motions aimed at refocusing the city’s business growth strategy. The L.A. Legislative Economic Action Plan (LEAP) proposed by Smith would make targeted improvements to the city bureaucracy and includes important steps to growing vibrant clean technology and biotechnology sectors
in Los Angeles.

The package includes recommendations from the Los Angeles Economy and Jobs Committee (LAEJC) issued earlier this year. The LAEJC report and the LEAP proposal include long-sought after Chamber priorities such as continuing reductions in the gross receipts tax, targeted incentives to encourage new and expanding businesses, modernization of the Los Angeles International Airport (LAX) and green growth job opportunities at the ports. There are also motions to create a centralized Economic Development Department as well as implement the planning and permitting streamlining reforms first proposed in 1995 by Dan Garcia, former chair of the L.A. Area Chamber Board of Directors.

The Chamber commends Councilmember Smith and his colleagues Councilmembers Wendy Greuel and Herb Wesson on the City Council’s Jobs, Business Growth & Tax Reform Committee for their efforts. If enacted, these motions will be a major step forward for Los Angeles. But the real question is whether elected officials at City Hall understand the urgency of the current economic situation and the need to take bold action to enable the private sector to create jobs in less time and with fewer restrictions than is normally the case.

When it comes to creating jobs and growing our economy, local businesses are on the frontline and understand better than anyone how to innovate and create opportunities. City Hall must involve the private sector from the beginning. The Chamber recognizes L.A. LEAP as an important step and is committed to working with Mayor Villaraigosa and the City Council to implement the LEAP package and the recommendations in the Los Angeles Economy and Jobs report. There is no time to waste. It is not business as usual.

And that's The Business Perspective.



Gary L. Toebben
President & CEO
Los Angeles Area Chamber of Commerce

The Business Perspective is a weekly opinion piece by Gary Toebben, President & CEO of the Los Angeles Area Chamber of Commerce, produced with the input of Samuel Garrison, Vice President of Public Policy.

 


by Gary Toebben, President & CEO, Los Angeles Area Chamber of Commerce

L.A. Business
THIS WEEK

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Los Angeles Area Chamber of Commerce, 350 S. Bixel St., Los Angeles, CA 90017
213.580.7500 | fax: 213.580.7511 | info@lachamber.com | www.lachamber.com

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