CHICAGO, Ill. (WTVA) — Mississippi is open for business and seeing success in attracting more jobs, Lt. Gov. Tate Reeves told a crowd of legislators from around the country at the 40th Annual Meeting of the American Legislative Exchange Council.
Lt. Gov. Reeves recounted legislative successes to grow businesses and reform education at the closing lunch with economist Dr. Arthur Laffer, who was member of President Reagan’s Economic Policy Advisory Board.
Because Lt. Gov. Reeves was a featured speaker, ALEC funded his trip, and no taxpayer dollars were spent. Former Florida Gov. Jeb Bush, Oklahoma Gov. Mary Fallin and Iowa Gov. Terry Branstad also spoke at the meeting.
“With every bill that crosses my desk … I ask ‘Does this help the private sector grow and create jobs for Mississippians?’” Lt. Gov. Reeves told the audience. “That’s the approach we’ve tried in Mississippi. It’s working.”
In ALEC’s Rich States, Poor States report, Mississippi earned the 10th best economic outlook of all the states. The U.S. Bureau of Economic Analysis ranked the state’s GDP growth rate 17th in the nation after the economy grew 2.4 percent in 2012.
Lt. Gov. Reeves cited the 2012 updates to the workers compensation law, the $150 million tax break on inventory costs for small business and the Attorney General Sunshine Act as ways Mississippi is improving the business climate.
He also spoke of education reform efforts in 2013 to provide students with a better opportunity for success.
“We can’t have a strong business climate without a strong workforce,” Lt. Gov. Reeves said. “And we can’t have a strong workforce without better education. It’s a simple formula, and one Mississippi has to master.”