Since 2004, state spending has grown nine percent each year while family incomes in South Carolina have grown at just three percent. In that same period, the median family income in South Carolina has risen only three percent per year. Lawmakers need to limit all government spending growth to a multi-year averaged index of consumer purchasing power or the cost of consumer goods and services.
By South Carolina Policy Council
Since 1986 the South Carolina Policy Council Education Foundation has advocated innovative policy ideas that advance the principles of limited government and free enterprise. The Policy Council is the state’s meeting place for business leaders, policymakers, and academics – as well as engaged citizens – who want to see South Carolina become the most free state in the nation. For questions or comments on the articles on this website, please email Research Director Jamie Murguia.