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Idaho's Robust Economy Needs Help To Succeed

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By Jay Michaels

Twin Falls, Idaho ( KMVT-TV / KTWT-TV ) Idaho Lieutenant Governor Brad Little, (R) Idaho, was in town today, and he shared why the Gem State's economy is in good shape.

Lieutenant Governor Brad Little has been on the job for four years now. His first assignment was "Project 60," Idaho Governor Butch Otter's plan to increase Idaho's economy from $51 billion to 60 billion. Little explains why Idaho's economic development works.

Little says, “A company comes in and says, we might want to expand our business here, or create a new business, it's the positive attitude. It's the idea they get that this is a great place to do business because of the 'We can get it done' attitude.”

Little reveals Idaho lawmakers lowered taxes for the second year in a row. He also says the state government is already thinking ahead when it comes to saving its money.

Little says, "We've started to put money away for a rainy day so we've got that shock absorber if we need it going forward. If the federal government does something that they're probably going to do to us, so that we're prepared."

Little points out the Magic Valley is a big part of Idaho's continuing economic growth. This includes Chobani's $600 million investment, and Glanbia's headquarters and Cheese Innovation Center.

Little says, "You've got to realize there's a lot of other communities, a lot of other states, and a lot of other countries that are still out there that you compete with. So you can never let down your guard."

Little explains we need to keep working on keeping Idaho's economy strong to make sure our future is bright.

July 19, 2013.


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