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Terry Branstad on Jobs

 

 


Iowa Partnership for Economic Progress: investment for jobs

Three years ago, more than 100,000 Iowans were out of work. Jobs were hard to come by and investment in our state was inadequate. We refocused our economic development efforts by changing our approach. Together, we created the Iowa Partnership for Economic Progress. This public-private partnership is reaping dividends for our economy with more investments and more jobs for Iowans. In the last three years, Iowa has seen $7.5 billion in new capital investment, and I am pleased to report that since taking office, over 130,000 new jobs have been created in this state.

Perhaps the best example of our state's turnaround and of our policies working for middle-class families is seen in Lee County, which had the highest unemployment rate in the state when I took office in 2011. Iowans in Lee County are getting back to work, thanks in part to the largest on-shore purchase of wind turbines in history and a world-class fertilizer plant bringing much needed jobs and investment to the area.

Source: 2014 Iowa State of the State address , Jan 14, 2014

Reduce burdensome regulation by public/private job team

I will be bringing forth legislation to transform our current Department of Economic Development into a public/private partnership. This will be a partnership that unshackles our economic development efforts from an alphabet soup of bureaucratic programs and brings the best practices from both sectors to recharge our job creation mission. And I intend to give that new partnership new tools to market our state to job creators.

[We'll] eliminate impediments to job growth. While tax policy can take us a significant way forward in our effort to compete for new jobs, much of that work can be undone by a bureaucracy that fails to understand the critical relationship between burdensome regulation and job creation. The rules and regulations identified throug this process will be the first subjected to our proposed rolling sunset and I will further order all future proposed rules and regulations to contain a jobs impact statement so we can identify those that cost jobs before they impact our Iowa employers.

Source: 2011 Iowa State of the State Address , Jan 27, 2011

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Page last updated: Mar 14, 2021