Despite the false hopes expressed by lawmakers based solely on a reduced unemployment rate, Rhode Island families are hurting. The Ocean State suffers under the worst business climate, and 48th rank on our Center’s Job’s & Opportunity Index.
Furthermore, Rhode Island was the only state in New England to see its labor force decline in size in recent years, as hundreds of thousands of people have chosen to leave our state since 2004. This is not a recovery.
We know that that the high levels of taxation and over-regulation imposed for the sake of the state budget are the primary culprit in causing this stagnant performance. Put another way, overspending by a government that primarily seeks to perpetuate and grow itself, actually works against the best-interests of the very people it is supposed to be serving. Instead of seeking to grow prosperity, government seeks to grow itself.
The progressive approach has failed. Yet, for decades, politicians have practiced allegiance to the budget, as opposed to the allegiance they are sworn to uphold to the people of Rhode Island. It should now be clear that this progressive-left, big-spending agenda has failed those same Rhode Islanders. Indeed, the state budget itself, could be considered the enemy of the people! It is a battle of visions.
What is really in the best interests of Rhode Island families? Is dependence on an unreliable and inefficient government what people hope and strive for? Or, should it be the American dream; where promised freedoms and opportunities abound so that we can increase our own personal wealth and quality of life? The state budget should be constructed to reflect the opportunities we want for our people; it should not be the tool to restrict those opportunities. May you have a happy Memorial day, and thank you to all who have served.