Making Florida More Competitive is Essential for Jobs and Economic Growth

By: Florida Chamber of Commerce

 

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The 2019 Legislative Session begins in earnest next week, and as we prepare to enter this 60-day event, we are reminded that choices matter. The Florida Chamber of Commerce’s annual jobs and competitiveness policy agenda, commonly referred to as the Florida Business Agenda, is a set of priorities that will help grow private sector jobs, continue to create economic opportunity in Florida and further diversify our economy.

Year after year, the Florida Chamber has been on the front lines of solving issues that impact the competitiveness and future of Florida’s business climate. While time passes, our focus remains the same – to be the driving force in uniting Florida’s business community, creating economic opportunities and growing private-sector jobs.

In many ways, Florida is moving in the right direction; but the truth is, things are fragile. Political inaction and uncertainty, changing demographics and unprecedented amounts of out-of-state special interests pose a threat to Florida’s sustainability and competitiveness.

Making Florida more competitive is essential for economic growth and job creation, which is why the Florida Chamber is calling on lawmakers to reduce the cost of living, reduce the cost of doing business and to prepare for Florida’s future growth.

For more than eight years, Florida has outpaced the U.S. economy in job growth. Growing at just under 900 new residents daily, Florida Chamber Chief Economist Dr. Jerry Parrish predicts that Florida will create 150,000 new jobs in 2019 and that the Sunshine State has a very low probability of recession.

I’ve often said that if Florida was a stock, I’d buy all the stock I could. While Florida’s economic outlook for 2019 is positive, it’s not without risks, which is why passing the Florida Chamber’s Jobs Agenda is so important.

 

Reducing the Cost of Living

When it comes to reducing the cost of living, the Florida Legislature should put consumers ahead of trial lawyers and finally end Assignment of Benefits (AOB) scams that the Wall Street Journal and others have consistently written about. I encourage you to learn more about AOB fraud and abuse by reading this Pensacola News Journal article that Harold Kim, COO of the U.S. Chamber’s Institute for Legal Reform and I recently published.

 

Lowering the Cost of Doing Business

To lower the cost of doing business, lawmakers must fix Florida’s broken lawsuit climate. Florida’s bottom-five legal climate translates to a $4,442 tax on Florida families. Click here to see what leaders from Allstate, Safelite, People’s Trust Insurance, and Ron Jon Surf Shop have to say about Florida’s “judicial hellhole.”

 

Preparing for Future Growth

With 26 million people expected to call Florida home by 2030, and three million more drivers on our roads, it’s important that Florida’s infrastructure is prepared for this future growth. Therefore the Florida Chamber and its Infrastructure Coalition recommend that lawmakers champion innovations and adequate funding in all modes of transportation, secure affordable, efficient and sustainable energy solutions, champion long-term, sustainable water and environmental policies and ensure proactive economic planning and development.

Further, preparing for future growth also means ensuring that we have a qualified workforce to close the talent gap. That’s why we will again encourage the legislature to prepare Florida’s workforce to address the skills gap, and improve attainment and access to higher education and post-secondary learning.

2019 Florida Business Agenda

During last week’s 2019 Legislative Fly-In we had the opportunity to share your 2019 Florida Business Agenda with Governor Ron DeSantis and members of the Florida Legislature, the Cabinet and state agency leaders. Chief among guest speakers were Governor DeSantis, who hosted Legislative Fly-In attendees at a reception at the Governor’s Mansion, Attorney General Ashley Moody, Chief Financial Officer Jimmy Patronis, Agriculture Commissioner Nikki Fried, Commissioner of Education Richard Corcoran, Department of Environmental Protection Secretary Noah Valenstein, Florida Department of Economic Opportunity Executive Director Ken Lawson, Florida Department of Transportation Senior Policy Advisor Doug Callaway, Representative Chris Sprowls and Senators Wilton Simpson and Joe Gruters.

Each week during the legislative session, you’ll receive the Florida Chamber’s Weekly Legislative Update and learn the latest on how the Florida Business Agenda is fairing. When important “pro-biz” votes are scheduled, we’ll reach out and encourage you to share your support with lawmakers. And when there are bad “no-biz” bills that may force additional employer mandates on job creators, we’ll be there to push back against those who want free enterprise to fail.

Thank you for your support of free enterprise and in us.