After the pandemic exposed many weaknesses in the international supply chain, the U.S. has been working to bring more manufacturing and innovation back home. It’s clear that we can’t rely on other countries in times of need, especially countries like China who have been working to undermine our position as the world’s leader in technology and innovation.

We have made some progress toward bringing more innovation and jobs to South Dakota. Late last year, a new 40,000-square foot innovation office building opened down the street from the South Dakota School of Mines and Technology in Rapid City. But bringing ideas, companies, and jobs to South Dakota won’t be worth much if we don’t have the educated, talented workers to fill those roles.

(10) comments

Larry Skow

Very spot on letter. But just little off topic here. South Dakota leaders missed GREAT opportunity to grow South Dakotas economy. Caterpillar is moving HQ to Texas. What a shot in arm for South Dakota to have TRIED to hustle that! What missed blown chance! The mighty leaders just can't seem to step to the plate for the residents. I would rather go down swinging then sit on the fence. They complain and whine wring their hands about the brain drain that has been going on for 50 plus years--yet sit on the bench. Way to go So. Dak Leaders.

SoDakD

How lucky we have you to advise us, Larry.

And how fortunate we are that Colorado reluctantly shares your sage counsel with us rubes. 👨‍🌾🧙‍♂️👩🏽‍🌾

RocknRola77

Brain drain for sure. What young, talented and educated adult would want to live in a state like this? No women's rights, wages are awful, votes do not count here, and our governor is trying to take us back to the 1960's. Wonder why they are leaving? Real head scratcher.

Larry Skow

O wise Wizard of Yankton a supposed "Capitalist" shares his wisdom with his kingdom. O Joy

Larry Skow

Rock n Rolla: exactly what Rock do you live under? Women of South Dakota have equal rights. true tho the lady gov has sat back and not gone after companies moving to bring good paying jobs to the state. But her underlings are the ones to do that. they do the grunt work. she gets credit. But that how system works everywhere regardless which sex is gov. You are critical of all who speak up on this blog. Why are you not voicing opinion with "leaders" in charge. But the mighty So. Dak democrat party could go out and hustle these companies as well. but no they sit in the secret club house stewing over always sitting in back seat. They could show some leadership and go promote the state. BUILD IT AND THEY WILL COME!

SoDakD

Just a reminder Larry:

Capitalists also include many businesspeople like me who decided to do something besides pumping government-subsidized petroleum out of the ground.

Larry Skow

SoDakD: That shows how uninformed you are. These oil companies are not subsidized! All federal oil leases pay 16% royalty on oil/gas produced. Basically same as private mineral owner is payed. Now true there are higher paying leases out in private sector--but mineral owner negotiated that. Federal gov't could do same. Also road trespass fees are paid/pipelines/gas lines out are paid trespass fees. Get your facts straight SoDakD! Your alligator mouth overloads your hummingbird backside! By the way Biden cutting the XL line took $67 million in fees away from South Dakota that line was going to pay. Also all those folks who were paid trespass fees--which was 100's of millions--kept their money. Did you get a PPP loan? That was free money--my money--virtually every tax payers money--did you thank us? Need my address to send me thank you note? I sent my stimulus check back. I didn't need it. You are soooo wrong So DakD on oil companies getting subsidy. So full of the brown stuff--you should be fertilizer salesman! All little mom/pop oil companies start with blood sweat tears. That own money or family money in those wells. The very backbone of the oil industry is little guys operating stripper wells. In fact Jack the average well in USA is 4.7 bbl oil aday. We break our hump so you can run your bizzness. EVERYTHING TAKES ENERGY! That key board you peck away at came about with OIL! Oil isn't going away you fool! ride bicycle to work you say? Hahaha look at the tires. Made with oil. Steel frame--oil is involved. Carbon Fiber you say/ Hahaha--only because of heavy oil or asphaltene based. Roads/Streets you drive or ride on--oil is involved. Get your facts straight before flapping the gums. Products made of "plant" based? That farmer used oil--took oil to get it to market. Urea fertilizers to grow your pot with? Made out of natural gas stream. High gas prices? That solely on Joe Biden and DEMOCRATS! Not Putin not inflation. Soley on Bumbling Biden & bunch of fools backs--not the oil companies.

SoDakD

Fact check, Larry:

Globally, coal, oil, and natural gas received $5.9 trillion in subsidies in 2020 — or roughly $11 million every minute — according to a recent analysis from the International Monetary Fund.

The report found that 47 percent of natural gas and 99 percent of coal is priced at less than half its true cost, and that just five countries — China, the United States, Russia, India, and Japan — account for two-thirds of subsidies globally.

Larry Skow

SoDakD: You forget that in China and other countries the labor is slave labor. Minerals such as coal/natural gas are all owned by the government. USA is only country in world that has privately owned minerals. Gulf of Mexico alone pumps hundreds of royalty money into Federal coffers. In Wyoming coal(before Obama killed coal) coal leases and tonnage royalty's pumped millions into state/fed coffers. Gasoline/Diesel in all countries but USA is sold by liter--Canada alone is right at $8 gallon on diesel today. I know--I have a man working in Alberta--I see the fuel bill. Most Asia countries cook with Palm oil. Even use it for heat. Huge chunks of China/Asia/Russia have no electricity or doesn't run 24-7. Africa very little running water. Majority of countries Goverment owns the minerals and very heavy subsidized. It really not fair to compare them to us. All though we are headed for third world status. Even U.K the queen owns all the minerals and the seabed floor. All the wind power off shore England pays royalty to the Queen.

SoDakD

Get a grip, Larry. Nothing you say here backs up your misinformation that “… oil companies are not subsidized!”

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