"If we're serious about addressing the needs of state government, we need to be serious about growing our economy, and raising taxes is not the way to do that," Shannon told the AP in an interview earlier this month. "You do that by allowing people and businesses to keep more of the money they earn. When they do, they either spend it or invest it, and that's how you grow your state, not by raising taxes."
Department of Commerce has made this plan available at www.okcommerce.gov. It is designed to be a policy guide to answer questions like: which tax credits are most effective at creating jobs? Which industries should we focus our efforts on as we work to modernize, update or reduce regulation? Most importantly, how can we best attract the jobs of the future?
The answer, as our study shows, is by strengthening our workforce. One way to do that is by emphasizing STEM--or science, technology, engineering, and mathematics--in all levels of public education. STEM jobs are now growing at a rate that is three times faster than non-STEM jobs.
Only self-imposed limitations on imagination and commitment can hold us back. Thanks to EDGE, our state has a unique tool to nurture research and enterprise that will create good-paying jobs and growth opportunities. But, the endowment remains far below the ultimate goal of $1 billion.
Each year that we fail to act puts us at a greater competitive disadvantage. By dedicating future interest earnings from the Rainy Day Fund as well as a portion of future annual state investment earnings, the cutting-EDGE investment of today will become the cutting-EDGE research and jobs of tomorrow. I urge you to join me in establishing a permanent funding source for this critical endowment.
|2016 Presidential contenders on Technology:|
Mayor Rahm Emanuel(IL)
2016 Third Party Candidates:
Mayor Michael Bloomberg(I-NYC)
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