THE ELIXER OF LIFE The best education policy is a job The best housing policy is a job And the best family policy is a job The best healthcare policy is a job

THE ELEPHANT IN THE ROOM GDP has grown at 4.6% (2013), ranking 12 th in the nation 4.3% unemployment is tied for 6 th lowest in the nation

Unemployment undercounts A SOLID JOB RECOVERY? Slower job growth Declining labor force participation rates

TROUBLING UNDERCURRENTS Falling business start ups Slipping GDP Wealth is leaving the state Lagging productivity

FACTORS UNDERMINDING MINNESOTA FACTORS UNDERMINDING MINNESOTA Burdensome regulations Burdensome regulations High taxes Lack of capital Skills gap

Evaluate all regs Office of regulatory oversight Office of regulatory oversight REDUCE JOB-STIFLING REGULATIONS REDUCE JOB-STIFLING REGULATIONS RECOMMENDATIONS Sunset occupational regs Sunset occupational regs Office of regulatory assistance Office of regulatory assistance

EMPLOYEE FREEDOM EMPLOYEE FREEDOM RECOMMENDATIONS Enact right to work

BROAD-BASED SUPPORT FOR BUSINESS RECOMMENDATIONS Reduce corporate taxes Improve incentives Create apprenticeships Improve data collection

A NEW VISION FOR DEED A NEW VISION FOR DEED RECOMMENDATIONS

FOCUS ON THE FUTURE FOCUS ON THE FUTURE Closing the skills gap RECOMMENDATIONS