Rhode Island was hit harder than most states by the decline in American manufacturing. As we lost thousands of jobs; we didn't do enough to position our state for growth in fast-growing, advanced industries; and put off decisions that would make Rhode Island competitive in the 21st century. As a result, we developed an unfortunate reputation as a bad place for business. But because of recent bold moves from our leaders, that's changing.
There's no silver bullet to solving our challenges, but my first two budgets, passed with great partnership from our legislature, took significant steps forward. We're cutting taxes and regulations; investing in infrastructure; creating strong, targeted economic development incentives; and making record investments in education and workforce development.