This week and every week we focus on our economy and our future. Here in Delaware and across the country we're still dealing with the effects of the economic freefall of 2008 and 2009. We lost tens of thousands of jobs, faced the largest single budget shortfall in state history. Our economy was headed in very much the wrong direction and we needed to turn things around. And with your help, we have. We still have a long way to go and much work ahead of us but we are headed in the right direction.
At this Kent County Economic Summit, we were able to talk about some of the successes we've seen, like bringing down municipal electric rates, and making our incorporated towns more appealing to existing and future employers. We want to keep our progress going, and we want to keep our state's economy growing. Businesspeople that are here know, as I do, that every job matters. They know that in Delaware, we are small enough to be personal, big enough to be bold and wise enough to know that we can't do it alone.
With public input, we are taking a statewide look at regulations that might be standing in the way of our success. If you see one that might be in your way, we want you to tell us. A national business group was nice enough to say recently that our administration is "great for small business" but we need to live up to that every single day and we need to get better. The challenges we face and the choices we make are in some ways very similar to those facing millions of Americans. When faced with obstacles, generation after generation embraced new technology across the country. They've seized new opportunities and they challenged themselves and the world. Here in Delaware, to achieve our goal of being the number one state for small business, we must continue to work together to keep Delaware moving forward.