UPDATE: In a revealing CNN interview, California gubernatorial candidate Eric Swalwell outlined his urgent plans to tackle the state’s crippling economic issues, including soaring costs and high unemployment. The interview, aired on Friday, has sparked immediate conversations about the future of California’s economy.
Swalwell faced tough questions from host Elex Michaelson, who pressed him on the responsibility of Democrats for the state’s inflation crisis. Rather than assigning blame, Swalwell pivoted to his vision for a revitalized California, promising a tax holiday for small businesses during their critical first three years. “I want you to create jobs, increase business-to-business revenue, and set a tone that California is open to business,” he stated emphatically.
The Democratic candidate highlighted the staggering challenges facing California, including a record-high unemployment rate and the fewest new small business starts in the nation. Swalwell proclaimed, “We need to become a start-up nation again,” underscoring his commitment to revitalizing the economy.
Amid rising housing costs, Swalwell announced that he would declare a statewide housing emergency on his first day in office. He intends to require all state agencies to make decisions on pending housing projects within 90 days, a move that would pause current environmental regulations under CEQA. This bold step aims to expedite housing development and address California’s severe housing shortage.
In response to Michaelson’s queries about the Democratic leadership’s role in the ongoing crisis, Swalwell opted to focus on solutions rather than past issues. “I’m running to be the governor next year,” he asserted, emphasizing his forward-looking agenda.
Swalwell also revealed plans to enhance California’s entertainment industry by making it easier to film in the state, as well as a commitment to expanding public-private partnerships to combat homelessness. He mentioned wanting to digitize the Department of Motor Vehicles (DMV) to streamline services for residents.
As California grapples with high living costs, including the highest gas prices in the nation and a significant homelessness crisis, Swalwell’s plans aim to resonate with voters seeking immediate relief and proactive leadership.
With his candidacy gaining momentum, Swalwell’s proposals are set to be a cornerstone of his campaign as he seeks to redefine California’s economic landscape. The urgency of his plans aligns with the pressing needs of Californians today, making this a pivotal moment in the upcoming gubernatorial race.
Stay tuned for updates as Swalwell’s campaign unfolds and as California voters respond to his ambitious proposals.
