OPINION: Investing in South Dakota s Future | Opinions capjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from capjournal.com Daily Mail and Mail on Sunday newspapers.
By Governor Kristi Noem
After yet another incredible year, South Dakota is entering 2021 in one of the strongest financial positions in the country. This is largely due to our strong economy, our approach to COVID, and our respect for freedom and personal responsibility.
Other states are facing much tougher financial situations. They’re planning to raise taxes. They’re borrowing billions of dollars to cover budget shortfalls. They’re looking to Congress to send them more money.
South Dakota is taking a different path. Our economy is strong. After peaking at 11% in April, South Dakota’s unemployment rate is back down to 3.6% in October, the third lowest in the country. But we must remain prudent and conservative moving forward. We cannot spend every dollar that we have. When we do invest in our state, we must invest wisely and strategically.