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\par \par \par 					Creating More and Better Jobs\par \par 	  \par \par In the four years before Haley Barbour became Governor:\par \par 	Mississippi suffered a net loss of      38,300 jobs\par \par \par 	Mississippi lost a higher percentage      of our manufacturing jobs than any other state in the entire      country.  Mississippi      suffered a net loss of 49,700 of our highest paying jobs  a 22% decline      in manufacturing employment.\par \par Why were we hemorrhaging jobs?\par \par 	For two straight years, the U.S. Chamber      of Commerce ranked Mississippi      worst in the nation for lawsuit abuse.  Every small business was one      lawsuit away from bankruptcy.\par \par \par 	Workforce training was not a state      government priority.  $43 million of job training money available      from the federal government went unspent because the state was not      managing the workforce training programs properly.  During the      Musgrove Administration, the budget for our Community Colleges, which are      our principal workforce training institutions, was cut 16%.\par \par \par 	In four years, Mississippi went from the best      financial condition in our state's history to a more than $700 million      budget hole.  The budget mess left many people saying that there was      no alternative but a tax increase.\par \par \par 	A lack of focus on regional economic      development and a onesizefitsall approach in our economic development      incentives and programs.\par \par Haley's Plan: Enact real, comprehensive tort reform\par \par 	Haley and the Legislature enacted what the      Wall Street Journal called the most comprehensive tort reform legislation      in the country.\par \par \par 	After tort reform, liability rates went      down, automobile insurance rates went down, homeowner's and other property      insurance rates went down, and more than 50 new insurance programs entered      our state.  Tort reform created more competition, more affordable      insurance, and created jobs by reducing unnecessary costs for small      businesses.\par \par Haley's Plan: Reform our job training systems\par \par 	The Legislature approved the Governor's      plan to completely overhaul our state job training system under the      reformed Department of Employment Security.  We are no longer leaving      available federal resources on the table and our job training programs are      better aligned with what the private sector needs.  In its first      year, the number of clients the reorganized department placed in jobs      increased by 35% over the previous year.\par \par \par 	The state workforce training budget was      doubled over two years and a new, stable funding source was created      without raising taxes.\par \par \par 	The Legislature approved the Governor's      proposal to reform the unemployment tax system to provide dedicated      funding to workforce training while cutting state payroll taxes by 25%.\par \par Haley's Plan: Balance the budget without raising taxes\par \par 	In 2 ½ years, Mississippi went from a $700 million      budget hole to a projected surplus of more than $100 million without      raising anybody's taxes.\par \par \par 	Working together, the Legislature and      Governor Barbour got control of state spending by reforming programs such      as Medicaid and the prison system.  In the current fiscal year (FY      06), state spending will grow by less than 1% while state revenues increase      by more than 10%.\par \par \par 	In the upcoming fiscal      year (FY 07), Mississippi      will begin to rebuild our rainy day fund by setting aside 2% of state      revenues for the first time in three years.\par \par \par 	In 2005, for the first      time since 1987, our state paid off more debt than was issued, so our      bonded indebtedness actually went down.  This will provide financial      relief to our kids and grandkids.\par \par \par 	State government is running more      efficiently.  For example, the Mississippi Development Authority is      working more prospects than ever even with an 11% smaller workforce.\par \par Haley's Plan: Realign our Economic Development Programs\par \par 	Haley formed Momentum Mississippi, a      group of business, education, and government leaders from every area of      the state dedicated to planning for longterm economic development.\par \par \par 	In a Special Session, the      Legislature approved Momentum Mississippi's      first set of recommendations, which realigned our economic development      incentives to match the growth sectors of the economy and to provide      incentives for higher paying jobs.\par \par The Results of Haley's Plan? \par More people are working in higher paying jobs.\par \par \par 	Despite enduring the      worst natural disaster in American history, nearly 20,000 more      Mississippians are working today than when Haley began his term, and      employment is higher than preKatrina levels.\par \par \par 	The freefall loss of      manufacturing jobs has been stopped and manufacturing employment has      remained steady for the last 2 ½ years.\par \par \par 	For the first time in 75      years, Mississippi      is not last in the country in per capita personal income.\par 	In 2004, personal income      grew at the fastest rate since 1998 and it grew by another 4% in 2005.\par }