Iowa One of the 10 States with Ridiculously Low Unemployment, State Revenues Up
Posted on Tuesday, August 31 at 12:19pm
Business Insider put Iowa on it's list of 10 States With Ridiculously Low Unemployment citing saying Iowa is "Outperforming with a diverse economy plus agriculture"
they explain why:
"While commonly perceived as an agricultural hub, Iowa actually boasts a surprisingly diverse economy with jobs in the manufacturing, biotech, finance, insurance, and government services -- all of which contribute to a strong hiring market. The S&P gave the state a Triple-A rating in 2009 (only one of nine to hold the position then)."
Terry Branstad wants to turn back the clock and dig up a failed policy from that past by eliminating the DED and modeling Iowa's economic development after Indiana, which has a 50% higher unemployment rate than Iowa and above the national average.
Governor Culver has invested heavily to create biotech jobs, new manufacturing jobs -- like the new tire plant in Charles City - and make sure our budget is balanced every year. Contrast his leadership with that of Terry Branstad who failed to balance the budget and had to borrow to pay the bills.
More good news today that shows the strength of Governor Culver's leadership is that state revenues are up from a year ago -- making our financial footing even more secure.
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