[Quote=Sam Lowry]
I cut taxes to the tune of $19 billion. We reduced the state government workforce by 13,000, but we took on the entrenched interests in our state, whether it was the trial bar or the folks that were making a lot of money off our workers’ comp system. We reduced those costs and the net effect of this was we had 1.3 million net new jobs during my eight years," Bush told a crowd recently in New Hampshire.
Never mind that four governors who preceded Bush — Lawton Chiles, Bob Martinez, Bob Graham and Reubin Askew — could boast of better or comparable job creation numbers.
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Paying down Florida’s debt is not something Bush can boast about. While he was in office, Florida’s outstanding debt rose from $15 billion to more than $23 billion. The state’s annual debt service payments rose from $928 million to $1.7 billion.
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An analysis by Reuters last month found that between state, city and county funding, Florida spent $1.3 billion on Scripps and anticipated spin-off companies. The effort has generated fewer than 1,400 jobs to date, a fraction of what had been projected in a study touted by Bush. Put another way, Florida taxpayers spent $1 million for every job created.
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Well, yes, Bush isn’t perfect. I fully agree. Nevertheless, I would say he has a good record when compared against other presidential contenders, Democratic or Republican.
Pointing out that job growth numbers in Jeb’s term are no better than previous governors’ means little. The American economy grew quickly from 1980 to 2000. Bush took office in 1999, just in time for the dot-com crash. Florida’s growth numbers during his terms were above the national average.
Things like the handouts to Scripps and the pension legislation are bad, to be sure, but we’d be hard pressed to find any governor who hasn’t ever done things like that. Jeb can point out that, whatever his faults, Florida’s financial situation is better than many other states. Florida has an AAA credit rating; most states don’t.