Today Sens. Derek Kilmer and Jim Kastama led a discussion with reporters on the Senate Democratic Caucus' strategies for long-term economic development. The senators stressed there is no silver bullet in economic development, only "silver buck shot," taking on many issues at once.
"The approach the Senate Democrats have taken really is consistent with what this state's Economic Development Commission has suggested is the path forward," said Kilmer. "And it’s built around three legs of the stool: workforce, infrastructure and investment in entrepreneurship."
“Over the last five, six years the Senate has been very conscious about its economic development strategy,” said Kastama. “I think we recognized long ago that the recession of 2007-2009 was a seminal moment in the economy of the United States. Things really have changed.“
Whether it’s helping innovative industries thrive, helping Washingtonians become their own bosses through micro-enterprise training programs, or investing in the infrastructure that helps our communities succeed, the caucus has taken steps to help build a recovery that works for the entire state. You can find out more here, or watch the press conference here.