Economy
Iowa is facing several economic challenges and struggling with poor policy, which has led to our state’s economy being ranked as the worst in the nation. Targeted investment and incentivization of investment in our state can draw in new industries while protecting Iowa's farmers and agribusinesses.
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Stagnation and Agricultural Downturn
Iowa has been almost exclusively reliant on agriculture and agribusiness in creating and maintaining our state economy. This, coupled with national and international trends, has led Iowa to be among the worst-performing economies in the country. Agriculture should maintain its core economic status, but the Iowan economy needs to diversify! Through targeted investment in emerging markets, Iowa’s economy and the outcomes of its people can be greatly improved.
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Cost of Living and Taxes
Iowa’s cost of living, like the rest of the nation, is increasing at an alarming rate. By creating a more equitable tax system in Iowa that works to provide for the general welfare of Iowans, we can help mitigate the cost-of-living burden and provide cost-effective public options and public protections for all Iowans.
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Workforce and Labor Shortages
Iowa’s businesses are struggling to find and maintain qualified staff. This shortage of qualified workers can be addressed by targeted investment in educational offerings at the secondary and post-secondary levels. By creating opportunities to meet the needs of Iowa's businesses and diversifying our economic sectors, Iowa can build its economy to be stronger than ever.
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Loss of Manufacturing
As manufacturing faces turbulent markets and becomes increasingly automated, these lucrative jobs are disappearing. To address this, Iowa needs to make targeted investments in emerging sectors and services to better provide opportunities for employment.