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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.

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Presentation on theme: "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."— Presentation transcript:

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2 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

3 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

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

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

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

7 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

8 EMPLOYEE FREEDOM EMPLOYEE FREEDOM RECOMMENDATIONS Enact right to work

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

10 A NEW VISION FOR DEED A NEW VISION FOR DEED RECOMMENDATIONS

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

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