Saturday, August 1st, 2015

Promises about Economy on Scott-O-Meter

Create over 700,000 jobs

"The 7-step economic program — over a 7-year period — will have a positive economic impact and create over 700,000 jobs for the state of Florida."

Put grant-writing and regulatory specialists in local economic development offices

"I will ensure these offices (local economic development offices) have the right resources and trained specialists so they can assist their local businesses obtain state and federal grants, and to comply with state and local regulatory processes in the least costly manner."

Eliminate overlapping economic development agencies

"We will eliminate overlapping economic development agencies and have one group that will assist local economic development agencies and serve as our statewide recruiting agency."

Invest in the Florida Innovation Fund

"I will invest in the state Innovation Fund that brought Scripps and Burnham research labs to Florida, developing high-tech clusters with high-paying jobs."

Include universities in state economic development grants

"Partner with universities... State economic development grants will always include partnerships with universities to develop research strengths into unique clusters."

Grow Florida's economy by $74B in GDP, $41B in personal income, and $1B in tax revenues

"In total, Florida's economy will gain an additional 700,000 jobs, $74 billion in state GDP, $41 billion in higher personal income, $1 billion in total state tax revenues as a direct result of the increased economic growth."

Sell the state plane

"We're going to do everything we can to drive down the budget deficit. We're going to balance the budget and one of the ways we can do it is selling the state plane."

Lower unemployment costs for employers

"Make unemployment benefits more affordable."

Eliminate the state's manufacturing tax

"Manufacturing has the largest return on investment of all industries in Florida. That is why Gov. Scott eliminated the sales tax on manufacturing equipment until 2017, saving companies more than $140 million annually. This savings will allow the 17,500 manufacturing companies in Florida, that employ more than 300,000 Floridians, to expand, invest, and flourish during the next gout years. Permanently eliminating this sales tax will ensure manufacturing is a solid pillar to Florida’s economy and help to protect us from any future economic troubles."

Double funding for programs to expand Florida businesses

"Currently, through Enterprise Florida, the state offers businesses the opportunity to grow into new markets through export counseling, grants to small businesses to participate in export trade missions, and offers international trade leads to Florida companies. Gov. Scott proposes doubling funding from the current year budget for these programs to help more small business expand internationally."