Leadership in the Pandemic.
The first area is continued leadership through the pandemic. While the economy slowly rebounded there were still many challenges ahead. Businesses applied for the Paycheck Protection Program (PPP) and/or the Main Street Lending Program.
Our team pressed in to stay abreast of the biggest and fastest federal relief package in U.S. history, and disseminated information to our members. We mobilized our networks and resources to help small businesses survive! We continue to help our members navigate this environment, champion and support the businesses that are leading the recovery, and push our lawmakers to respond swiftly and smartly. And we’re going to keep it up until we get through to the other side—and we will.
Leadership in Politics.
The second area is leadership in politics. Unfortunately, our country remains a nation politically divided. Initially the pandemic transcended politics—just long enough to deliver badly-needed aid with a real sense of urgency. That moment passed. The partisan battle lines were drawn over the next aid package. Our role is to advocate for what is best for YOU, our investors, and our community. We push our elected officials to look beyond partisan lines and do the right thing!
Leadership in the Economic Recovery.
The third area is to help lead the economic recovery. In a survey compiled by the U.S. Chamber of Commerce, investors were asked how long the recovery would take. Most respondents said either 12–18 months or 18–24 months. This input tracks with what our business community shared with us as well.
In responding to the recovery, we need to remain mindful of the impact of the financial crisis of 2008. Our region’s economic challenges took its greatest hit a few years later. We did rebound and our recovery remained bullish until COVID-19. What we must remember, in times of crisis, is that there will be an urge to legislate and regulate in the aftermath of the pandemic—there always is after a crisis. Some of the target areas might be supply chains, employment policies, insurance regulations, and health care regulations. The Chamber worked with lawmakers to encourage not to overreach, overregulate, and do more harm. They must make smart choices that enable businesses to hire people and drive growth and opportunity. We prioritized the policies that will help those who have been displaced or disproportionately hurt by the pandemic. Many of these people were already at risk because of workforce or technology disruptions underway before the pandemic.
Leadership in East Texas.
Finally, we must lead! Shutdowns in commerce continue to contribute to a regional contraction that makes our economy fragile. While we experienced a rocky economy in the past, it has been some time since our region has faced state, national, and international challenges combined. We continued to press in and take the Long VIEW! How we choose to work together and do the right things for the right reasons define who we are for years to come.
We don’t have all the answers, but we do have a proud history of stepping up when our businesses need us most. The Chamber exists to lead in moments like this. We give the business community a unified voice. We rise above politics and lead with principles.