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Economy >
Policy Note: State Economy

Last update Feb. 24, 2015: The state entered the Great Recession earlier than the rest of the nation, felt the effects more drastically and in 2008 was projected to face a more difficult road to recovery, according to Florida TaxWatchGov. Rick Scott, elected on a platform that promised to bring 700,000 new jobs and regular economic growth by cutting taxes and loosening regulations, inherited an 11.1 percent unemployment rate and low economic growth.

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