State of South Dakota Archives: on Budget & Economy
Dennis Daugaard:
Free enterprise is key to national prosperity
Question topic: Free enterprise and the right to private property turn mankind's natural self interest into the fairest and most productive economic system there is, and are the key to national prosperity.
Daugaard: Strongly Agree
Source: Faith2Action iVoterGuide on 2014 S.D. Gubernatorial campaign
Sep 28, 2014
Gordon Howie:
Market should be primary vehicle for economic recovery
Q: Do you support or oppose the statement, "Stimulus better than market-led recovery"?
A: Strongly oppose - The market should always be the primary vehicle for the economy.
Source: E-mail interview: 2014 S.D. Senate race with OnTheIssues.org
Sep 18, 2014
Joel Dykstra:
Johnson was asleep at the wheel on Banking Committee
Dykstra said Johnson was part of a federal system that seemed to be "asleep at the wheel" as the nation's mortgage industry was racing toward a crash. Dykstra asked why Johnson and other members of the Senate Banking Committee failed to see and take
action to avert the country's current financial crisis. Dykstra said Johnson has touted his 22 years in Congress and projected himself as a veteran with influence and important committee assignments. But he questioned whether Johnson's seat on the
Senate Banking Committee had proven useful at all in the months leading up to the financial meltdown. "On that committee, either there was something he should have done or there was nothing he could do," Dykstra said. "Either way, that's not a strong
recommendation."
Johnson said he had called for more oversight of Fannie Mae and Freddie Mac, the troubled government-supported mortgage entities. But that call for oversight was opposed by President Bush and Republican supporters in Congress.
Source: 2008 S.D. Senate debate reported in Rapid City Journal
Sep 22, 2008
Joel Dykstra:
Figure out where system failed in order to prevent a repeat
Johnson issued a statement that the Bush administration had "stifled regulation at every turn" when Congress sought controls over the mortgage industry and its practices. The financial bailout must be accompanied by more oversight, limits on executive pa
and stipulations that the taxpayer money be used exclusively for American financial institutions, Johnson said."Folks in South Dakota work hard and their earnings should not subsidize the bloated compensation of a CEO of a failing firm," he said. The
$700 billion bailout "package may be a necessary evil, but we cannot allow it to be a gift to those on Wall Street at the expense of those on Main Street."
Dykstra said the establishment in Washington, D.C., both Democrat and Republican, must accept th
responsibility for the nation's current crisis. And as the nation moves forward in trying to fix the problems in the mortgage business and on Wall Street, it's important to figure out where the system failed in order to prevent a repeat, he said.
Source: 2008 S.D. Senate debate reported in Rapid City Journal
Sep 22, 2008
Scyller Borglum:
Not a revenue problem; a spending problem
FEDERAL BUDGET: REDUCE DEBT & SPENDING
$22 TRILLION IN DEBT
The federal budget is out of control. We've had an unbalanced budget 45 out of 50 years.
And no...it's not only the Democrats' fault.
We can NOT sustain this way. We don't have a revenue problem, we have a spending problem. My greatest priority will be coming up with common sense bipartisan solutions to actively reduce the amount of spending congress approves each year.
Source: 2020 S.D. Senate campaign website BorglumForSenate.rocks
Jun 7, 2020
Tim Johnson:
Called for banking oversight, but opposed by Bush & GOP
Dykstra said Johnson was part of a federal system that seemed to be "asleep at the wheel" as the nation's mortgage industry was racing toward a crash. Dykstra questioned whether Johnson's seat on the Senate Banking Committee had proven useful at all in
the months and years leading up to the financial meltdown. "In this whole banking crisis, Sen. Johnson sits on that committee. Either there was something he should have done or there was nothing he could do," Dykstra said. "Either way, that's not a stron
recommendation."Johnson's campaign said the senator was busy working on the proposed $700 billion bailout of the financial industry, with an agreement expected Monday night or today. Johnson said he had called for more oversight of Fannie Mae and
Freddie Mac, the troubled government-supported mortgage entities hard hit by the subprime mortgage crisis. But that call for oversight was opposed by President Bush and Republican supporters in Congress, Johnson's campaign said.
Source: 2008 S.D. Senate debate reported in Rapid City Journal
Sep 22, 2008
Daniel Ahlers:
More investment and opportunities for small businesses
Ahlers said he supports economic development incentives, but that the state ought to be transparent about how it spends taxpayer dollars and diligent in tracking whether incentive programs spur the creation of
well-paying jobs. "I would like to see more investment and opportunities and programs for small businesses," Ahlers said. "We don't have that at the state level. And I mean, like real small businesses, the mom and pop type."
Source: S.D. Searchlight on 2026 South Dakota Gubernatorial race
Feb 10, 2026
Page last updated: Oct 18, 2026