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Hawaii gets failing grades in new economic report

By Erika Engle

POSTED:
LAST UPDATED: 01:07 p.m. HST, Jun 12, 2014



The state of Hawaii received an "F" for the manufacturing, logistics, global reach and productivity and innovation sectors of the economy, in a report by Ball State's Center for Business and Economic Research.

Those grades were unchanged from last year, but Hawaii's expected fiscal liability gap improved from an "F" to a "D-" according to CBER Director Michael Hicks. The change moved the state out of the "extremely dangerous future tax liability rankings. Overall, manufacturing in Hawaii will remain modest," the report said.

Hawaii's tax climate grade improved to a "C+," up from a "C" in last year's report.

http://conexus.cberdata.org/files/National2014.pdf






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Bully wrote:
Anybody but Abercrombie.
on June 12,2014 | 09:29AM
false wrote:
According to UHERO (State Employees)) Hawaii is an economic powerhouse, a miracle if you will. I wish I got paid that much to make stuff up.
on June 12,2014 | 09:35AM
serious wrote:
60 years of Democrats. What else would one expect? Let's get someone, anyone in a high political position to take a position to repeal the Jones Act. One can Google all the effects of the tariff on Hawaii and Alaska.
on June 12,2014 | 09:35AM
Johnmakiki wrote:
We so easily forget eight years of Linda Lingle (R). Guess she doesn't count.
on June 12,2014 | 01:14PM
serious wrote:
In all due respect. When you have 100% Democrats in your state congress and senate what can a R Governor do?? She proposed the Turtle Bay buy out --but the D's in the legislature turned it down---correct??? Now the D gov proposed it and it passed. Linda had the Clinton recession!!! Please sir, tell me why Hawaii is last in everything???
on June 12,2014 | 02:19PM
nalogirl wrote:
Yup, you are correct serious. Don't blame Lingle, her hands were tied with the legislature being democratic. Typical democrats, even if it is a good idea, if you aren't in my party I won't vote for it. It's a two way street, the democrats are worse than the republicans when it comes to Hawaii politics.
on June 12,2014 | 02:45PM
inverse wrote:
Actually the Demos in the legislature went "all in" with Lingle on the Super Ferry
on June 12,2014 | 03:10PM
ISCREAM wrote:
And thousands of people would be benefiting from the super ferry right know, if it wasn't for a minority of progressive radicals...
on June 12,2014 | 04:05PM
Wazdat wrote:
Agree. the Dems have done a huge disservice to the islands
on June 12,2014 | 04:32PM
livinginhawaii wrote:
The majority of Hawaii voters keep reelecting the incumbents so do not be surprised over this grade. Our over paid politicians have ensured this grade for years to come by restricting distribution (Jones Act), not supporting telecom (through restrictive labor and reporting requirements), and DBEDT's continued failure of small business support (lack of funding vehicles and incentives they had in the 90's). They were warned over the years...
on June 12,2014 | 09:44AM
HD36 wrote:
An improvement in the fiscal liability gap F to D- . If any student improved that much, it would only prove that they showed up to class once a week.
on June 12,2014 | 10:31AM
LadyNinja wrote:
and so what is new? We are in a state of crisis, too much spending, not enough money to balance the system, where are we going to go with all this stuff? Too many Democrats in office FEEDING THEIR FACES, that's why. We need a balanced legislation to equalize reform within the current legislature. This means in essence, that we are controlled by the Democrats who spend, spend, spend with no outlook for reserve. That's why Republicans need a chance to regain government control, it starts with YOU, the voter. Look over your candidates this election closely, study their agenda, and make wise decisions. The vote you cast should also be for the person most qualified, and if you don't vote this election, don't complain and don't whine.
on June 12,2014 | 10:34AM
Kuokoa wrote:
As long we have liberal, socialist democrats running this Stater we will never have a great economic outlook. They are antibusiness and all about big government that must run on higher taxes.
on June 12,2014 | 12:12PM
MillionMonkeys wrote:
Hey, but we got an "A" in being kind to the homeless. That's our world-famous specialty!
on June 12,2014 | 12:14PM
pakeheat wrote:
Nothing important folks, just move along. LOL
on June 12,2014 | 12:25PM
ISCREAM wrote:
And the state has debt and unfunded liabilities of over $40 billion...is bankruptcy on the horizon...
on June 12,2014 | 01:03PM
Papakolea wrote:
While I have to agree with the majority of the posters about Hawaii's business climate, we also need to look at the metrics of the report. Manufacturing and Logistics? We're a small land mass in the most isolated location in the world. We will NEVER have a vibrant manufacturing sector.
on June 12,2014 | 01:07PM
GooglyMoogly wrote:
As someone who is familiar with grades like these, I can tell you they aren't good. They're the opposite, in fact.
on June 12,2014 | 01:30PM
derek_millennium wrote:
WE REALLY NEED TO GET ABERCROMBIE OUT BEFORE WE REACH CRISIS POINT !!!
on June 12,2014 | 02:02PM
nalogirl wrote:
Didn't Abercrombie pat himself on the back that he turned Hawaii around during his governorship, and the economy is looking good? Well if I got a $25,000 dog run for my pet and a fulltime assistant for the "first lady" (doesn't Abercrombie's wife have a job?) the economy would be looking good to me too.
on June 12,2014 | 02:49PM
false wrote:
Hate to say this but, to me, Mufi is looking better every month. Hey, don't throw your shoe at me!
on June 12,2014 | 03:17PM
ISCREAM wrote:
Mufi is no different than the others...he is responsible for the super train that is going to saddle us with debt for generations and not solve a single thing.
on June 12,2014 | 04:08PM
Wazdat wrote:
Mofee is a complete joker
on June 12,2014 | 04:34PM
ISCREAM wrote:
It isn't just Abercrombie...it is the whole progressive attitude that governments' responsibility is to manage every aspect of our daily lives and then charge us for it....
on June 12,2014 | 04:06PM
Wazdat wrote:
Its not just the Gov. Its the whole senate and house of Reps. 90% Dems = Disaster
on June 12,2014 | 04:34PM
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