Sunday, February 5, 2023
Hawai'i Free Press

Current Articles | Archives

Sunday, September 7, 2008
Innovation moves economy forward
By Gov. Linda Lingle @ 1:12 AM :: 2967 Views

Aloha!

The economy is dominating our daily dialogue – and justifiably so. Given this context, I am pleased that two objective and well-respected national rankings show that the foundation of Hawai`i’s economy is strong and that we are headed in the right direction with our long-term innovation and energy initiatives.

In Forbes magazine’s annual list of best states in which to do business, released July 31, Hawai`i jumped 10 spots to 27th place, compared to 37th in 2007 and 42nd in 2006. Of the six criteria taken into account, Hawai`i ranked fourth in the nation for economic climate and 10th for labor. This is a vast improvement from March 2002, when Forbes’ infamous article said doing business in Honolulu had “become nearly equivalent to suicide.”

Hawai`i also posted remarkable improvement in the State Technology and Science Index published by the Milken Institute, climbing 11 spots to rank 28th overall in the nation. In addition to the strides we’ve made as part of the Hawai`i Clean Energy Initiative, this year’s report praised our Administration’s efforts to improve science, technology, engineering and math (STEM) education in our schools, which is one of several critical components of our Hawai`i Innovation Initiative.

My Administration has worked hard to advance meaningful change that will help Hawai`i businesses and families. We have made state government more transparent, saved businesses and licensed professionals more than $45 million in waived fees and assessments, and convinced the Legislature to lower the unemployment insurance tax in order to save businesses an estimated $151 million over three years.

Our Hawai`i Innovation Initiative is also helping to move our state in the direction it needs to go to succeed over the long-term, by focusing on developing the intellectual capacity of our work force so that Hawai`i is a place for innovative activity to thrive and grow. Our goal is to reduce our economic dependence on land development and to build on Hawai`i’s principle strength, its people, thereby preserving the natural resources that make Hawai`i a desirable place to live.

In addition to transforming our economy through long-term initiatives, my Administration is also focused on the immediate needs of all Hawai`i residents. Toward that end, my Administration continues to invest heavily in our state’s infrastructure. In recent months, I have released nearly $120 million for public schools and the construction backlog at University of Hawai`i campuses statewide. The state is also moving forward with the modernization of our airports and harbors, all paid for with money generated by airport and harbor users.

I am continuing to urge members of my Cabinet to seize opportunities to maximize federal dollars and partnerships. One striking example of this has been provided by the Department of Human Services, which has secured about $175 million in federal support to assist Hawai`i hospitals over the past five years. In addition, the Department of Labor and Industrial Relations has received about $5.6 million in federal grants this year to assist Hawai‘i workers affected by recent layoffs.

These efforts, combined with tax relief for residents, bolstering visitor outreach with a focus on the California market, and working to attract outside investments, especially in the area of renewable energy, are immediate steps toward bolstering Hawai`i’s current economic conditions and helping the people of our state.

For more information on my Administration’s economic strategies and to sign up for my weekly e-news

Links

TEXT "follow HawaiiFreePress" to 40404

Register to Vote

2aHawaii

808 Silent Majority

ACA Signups Hawaii

Alliance Defending Freedom

Aloha Pregnancy Care Center

American Council of Trustees and Alumni

AntiPlanner

Antonio Gramsci Reading List

A Place for Women in Waipio

Astronomy Hawaii

Back da Blue Hawaii

Ballotpedia Hawaii

Better Hawaii

Broken Trust

Build More Hawaiian Homes Working Group

ChinaTownWatch.com

Christian Homeschoolers of Hawaii

Cliff Slater's Second Opinion

DVids Hawaii

FIRE

Fix Oahu!

Frontline: The Fixers

Genetic Literacy Project

Grassroot Institute

Habele.org

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii Coalition Against Legalized Gambling

Hawaii ConCon Info

Hawaii Credit Union Watch

Hawaii Crop Improvement Association

Hawaii Debt Clock

Hawaii Defense Foundation

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federalist Society

Hawaii Federation of Republican Women

Hawaii Future Project

Hawaii Gathering of Eagles

Hawaii History Blog

Hawaii Homeschool Association

Hawaii Jihadi Trial

Hawaii Legal News

Hawaii Legal Short-Term Rental Alliance

Hawaii Matters

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Shippers Council

Hawaii Smokers Alliance

Hawaii State Data Lab

Hawaii Together

HIEC.Coop

HiFiCo

Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Navy League

Honolulu Traffic

House Minority Blog

Imua TMT

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

Investigative Project on Terrorism

July 4 in Hawaii

Kakaako Cares

Keep Hawaii's Heroes

Land and Power in Hawaii

Legislative Committee Analysis Tool

Lessons in Firearm Education

Lingle Years

Malulani Foundation

Managed Care Matters -- Hawaii

Malama Pregnancy Center of Maui

MentalIllnessPolicy.org

Military Home Educators' Network Oahu

Missile Defense Advocacy

MIS Veterans Hawaii

NAMI Hawaii

Natatorium.org

National Christian Foundation Hawaii

National Parents Org Hawaii

NFIB Hawaii News

No GMO Means No Aloha

Not Dead Yet, Hawaii

NRA-ILA Hawaii

Oahu Alternative Transport

Obookiah

OHA Lies

Opt Out Today

OurFutureHawaii.com

Patients Rights Council Hawaii

PEACE Hawaii

People vs Machine

Pritchett Cartoons

Pro-GMO Hawaii

P.U.E.O.

RailRipoff.com

Rental by Owner Awareness Assn

ReRoute the Rail

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

Robotics Organizing Committee

Save Dillingham Airfield

School Choice in Hawaii

SenatorFong.com

Sink the Jones Act

Statehood for Guam

Talking Tax

Tax Foundation of Hawaii

The Real Hanabusa

Time Out Honolulu

Trustee Akina KWO Columns

UCC Truths

US Tax Foundation Hawaii Info

VAREP Honolulu

Waagey.org

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii

Yes2TMT