Regarded as the most isolated population center on earth, Hawaii's economy and commerce are unique. As the only state consisting of a chain of islands, we are isolated from the mainland U.S. and have numerous factors that significantly increase our costs of living and our costs of doing business, such as transportation, housing, food, and land costs.
In order to:
Care for an aging population,
Meet the needs of Hawaii's working families,
Meet our obligations to provide future benefits for our dedicated government workers,
Provide for Hawaii's security in this time of increasing military and terrorist threats, and
Provide a quality education for our children so that they have the knowledge and skills to become productive citizens and contribute to the future of Hawaii,
Hawaii must be proactive in setting up a strategy to plan for its future economic needs.
In order to provide jobs for Hawaii's people, local businesses should be encouraged and supported, and Hawaii should seek additional federal funds for military in Hawaii. In addition, more federal grants should be sought and granted for Hawaii research, government, and nonprofit organizations needs. Hawaii needs jobs for Hawaii people, and no jobs will be created and jobs will be lost if the growth of local businesses is unnecessarily stifled or destroyed.
Hawaii's current economic engines rely on relatively few industries, such as tourism, construction, defense, agriculture, and other services. With proper planning and timing, we can avoid sharp peaks and valleys in Hawaii's economy, and our people's trust in government and our enthusiasm will improve, strengthening our Aloha.