Henry McMaster, now a candidate for governor, revealed his economic plan Tuesday. The South Carolina Attorney General calls it his “Path to Prosperity.””We have what we need to enter the knowledge-based economy, to build on the industries we have, to let government help them, and get out of the way when necessary,” said McMaster.
McMaster’s plan involves better coordination among the state’s business leaders. He says they should chart a course that should be implemented by the state Department of Commerce.
McMaster says the state is loaded with assets, including the one of the best technical education systems in the country, which is waiting to work along with the state’s research institutions and private companies. “We also have a great port, wonderful climate and natural resources. People want to come and live here. If we can just get our tax structure low, low, low and broad, we’ll compete with other states around us.”
McMaster says the state is fortunate to have great research universities. “If we didn’t have those and the ports and the great people, we would be in a mess. But we have those, as well as a great tourism industry and agricultural potential. If we just keep taxes low we can grow.”
McMaster will now begin a week-long tour across the state.
Other Republican candidates for governor include Congressman Gresham Barrett, state Sen. Larry Grooms, and state Rep. Nikki Haley. Lt. Governor Andre Bauer has indicated an interest in the race.
Candidates on the Democratic side include Lobbyist Dwight Drake, Pastor Amos Elliott, state Sen. Robert Ford, attorney Mullins McLeod, and state Sen. Vincent Sheheen.
Education Superintendent Jim Rex has indicated an interest in the race and says he’ll decide next month.