I guess you could say things are going pretty well in the Sunshine State.
In the midst of an economic downturn and very uncertain times in DC, Florida and Ron DeSantis are continuing to do incredible things. This most recent news comes as a surprise, even for DeSantis' biggest supporters.
Florida has just posted its biggest state surplus in history at over $21 billion.
From Just the News:
The state of Florida saw a surplus of $21.8 billion for the 2022 fiscal year, the highest in state history and more than 21% higher than the state's spending plan, Gov. Ron DeSantis said Thursday.
Tax collections in May were $742 million above estimates; preliminary data for June is approximately $950 million above estimates.
People and businesses are fleeing to the free state of Florida left and right, and the vacation industry continues to boom.
"Despite the headwinds created by the Biden administration's policies, Florida is in a strong fiscal position because we preserved freedom and kept our economy open," DeSantis said. "Our responsible policies have allowed us to make record investments to support our communities, promote education, protect the environment, and provide record tax relief for Floridians, all while building record reserves to protect the state against the reckless fiscal policies from Washington."
DeSantis is showing exactly how a good governor can overcome a terrible president like Joe Biden.
He's fighting against DC on multiple fronts and still the state of Florida comes out ahead.
Florida also continues to outpace the nation with record employment growth and low unemployment.
The unemployment rate remains steady at 3%, 0.6% lower than the national rate. It's remained lower than the national rate for 18 consecutive months, since December 2020, and has declined or held steady for 22 consecutive months.
Between May 2021 and May 2022, Florida's workforce grew by 313,000 jobs, or 3%, faster than the national rate of 2.2% over the year.
Also, between May 2021 and May 2022, Florida's total private sector employment grew by 459,500 jobs at a rate of 5.9%, faster than the national rate of 5.1% over the year.
Ron DeSantis isn't only winning in the culture war, where it's most important, but he is also scoring major victories on the economic and fiscal front better than anyone else.
This is a real leader, folks!
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