There's a higher probability of a recession than we thought at the beginning of this year, and the Fed may need to return more significantly to unorthodox monetary policy like quantitative easing, it's not unthinkable to expect a recession in the next year, it's one stupid tweet away.

Gary Herbert

Categorized in : Business

Utah's economy stays strong by adhering to conservative fundamental principles: low and consistent tax rates, smaller and more efficient government, sensible regulation, and empowering the private sector to create jobs.

Gary Herbert

create government strong principles

In 2009, during my inaugural address, I expressed the importance of unprecedented partnerships. Since then, Utah's government, business, and education leaders in communities statewide have worked together more frequently and with better results than ever before.

Gary Herbert

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When I entered into office mid-recession, my No. 1 focus was Utah's economy. We set bold goals, and we've built one of the best-performing economies in the nation.

Gary Herbert

bold goals nation focus

Utah has benefited from setting smart tax policy. That said, public finding is dynamic enough that we cannot just set the tax policy and presume that it does not require continual review and adjustment.

Gary Herbert

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That's a large part of the job as governor: to create and maintain the optimal balance.

Gary Herbert

large create job balance

My priority will continue to be that we maintain the optimal balance to be able to invest in education and infrastructure while encouraging business growth.

Gary Herbert

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I don't believe we have defined health care reform very well in this country.

Gary Herbert

care health believe country

The Bush tax cuts, they ought to be made permanent in my mind so there is certainty out there.

Gary Herbert

tax certainty permanent mind

Don't spend more than you take in. Control your debt. Empower the private sector. We have 50 states out there that are laboratories of democracy. Why are we not empowering the states to find solutions to our problems, particularly health care, as opposed to looking to a one-size-fits-all solution from Washington, D.C.? That puzzles even me.

Gary Herbert

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There's no reason why fiscal responsibility is a Democrat or a Republican point of view. It ought to be all of our points of view.

Gary Herbert

why view responsibility reason

Making people's lives better is not a partisan issue.

Gary Herbert

issue making better people

When it comes down to hardball, we have a veto pen, and I've used it in the past, and I expect we will have opportunity to use it in the future. That's the nature of the business.

Gary Herbert

future nature business opportunity

Utah is America's best place for business because Utahns make it their business to succeed - and we have the track record to prove it.

Gary Herbert

place best succeed business

In Utah, one word sums up our business prowess: investment. Simply put, we know we can't have long-term economic growth and maintain Utah's enviable quality of life without making some critical investments.

Gary Herbert

quality growth business life

It's not enough for just us to invest in Utah; more and more, we are encouraging businesses around the world to follow suit. We want them to invest in and become part of Utah's future and to allow Utah to invest and become part of theirs.

Gary Herbert

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Utah is one of the nation's leaders in rebounding from the Great Recession.

Gary Herbert

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