If you were dictator of Mississippi, how would you fix the state economic problems?

In 2013 and 2014, Mississippi's economy was in recession (-1.2%). It has the lowest GDP-per-capita of all US states, second-highest unemployment in the nation, and 3% fewer payroll jobs than in 2008.

Nationwide, the economy grew at 2.2 percent. Some states grew much faster, including North Dakota, where the tail end of an oil boom boosted output by a national best of 6.4 percent. The weakness was widespread in Mississippi’s $105 billion economy, with 12 of the 21 economic sectors measured showing declines. Construction alone accounted for more than half the decline, which Webb attributed to a decline in the workforce building Mississippi Power Co.’s $6.2 billion plant in Kemper County. Other major contributors to the decline included agriculture and forestry, government, oil and gas production and utilities.

Mississippi has $55bn in state debt, $7.5bn/year in tax revenue, and $7.7bn/year in federal aid. In 2014, Mississippi spent $18.7bn.

Suppose a revolution happened and you were installed as dictator-governor of Mississippi. The state legislature is dissolved, so you can pass any legislation you wish without resistance (though you still must comply with federal laws).

What would you do as dictator-governor of Mississippi?

Posted Feb 25, 2016, 1:08 AM UTC

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