A healthy economy contains limited big business, an industrial labor force, and thriving small businesses like your ma-and-pa’s. A 21st century economy requires all of these plus rapid innovation. It is time for policy makers to eradicate the false dichotomies of pro-business and pro-labor and strive toward an agenda of common cause: pro-innovation.
Fair economic policy should limit the barriers to starting a business, while maintaining an adequate social safety net. We should allow failing business to sunset, so that new ideas and innovations can sunrise into new industries. For too long, we have relied solely on tourism, and real estate: two industries that are paradoxical and unsustainable. Both rely on Hawaii’s, abundant resources and open space, while they necessarily deplete resources and pave our open space.
Kaniela has fought to diversify our economy and create more work opportunities, so that more of keiki will be able to raise their families in the communities they grew up in. Our greatest export should not be out best and birhgtest young people. Kaniela has pushed bi-partisan proposals to pay off our debts, eliminate tax loopholes, oppose new taxes, and support entreprenureal investment programs.