SC Job Recruitment Tanking
Last week reporter Tim Smith of The Greenville News published a story on “recruited” jobs in South Carolina – which are the official number of positions “announced by the South Carolina Department of Commerce as a result of the state’s recruitment efforts.”
Missed that story? So did everybody else, apparently …
“According to the state Department of Commerce publication Economic Outlook, recruited jobs have fallen from 20,013 in 2011 to 14,137 last year to 8,153 so far this year,” Smith reported. “Capital investment has tracked the jobs report, according to Commerce, going from $5.12 billion in 2011 to $3.99 billion last year and $2.61 billion so far this year.”
Ummmm … hmmmm.
We thought S.C. Gov. Nikki Haley was making it rain up in this state when it came to job creation and capital investment – using our tax dollars to bribe companies to come here better than any governor ever.
Apparently not …
Also her 2011 numbers are, according to one Commerce Department source, “exclusively attributable to Mark Sanford.”
Haley’s record on economic development – which she trumpets at government-subsidized ribbon cuttings across the state – has come under fire in recent months as she builds her reelection bid on the belief that she is America’s “Jobs Governor.”
The most damning data point? South Carolina’s abysmal 58.5 percent labor participation rate – which is at an all-time low.
Haley – who opposed “corporate bailouts” as a candidate in 2010 – has built her economic development strategy around these crony capitalist giveaways. In fact she’s been their biggest cheerleader, which is why the liberal S.C. Chamber of Commerce – which opposed her election three years ago – is poised to support her reelection bid.
Does government subsidized “economic development” work?
Frankly we’d like to see the number of government recruited jobs drop to zero … because at the end of the day these positions come with a massive price tag. We’d like to see jobs created in South Carolina on the basis of our state having a competitive tax climate and a free market system of education.
Because letting government run “economic development” and “education” has clearly been nothing short of a disaster …