Chip Flowers is running as a Democratic candidate for Delaware State Treasurer and, if elected, he plans on releasing an updated economic index once a month. Flower’s first glimpse of the state was when he was only 12 years old. His father was in the Army and his mother was working as a teacher and guidance counselor for the Department of Defense Dependent Schools. They had to travel overseas often because of Dover Air Force Base. It was only a short time in Delaware when Flowers realized that this was a place that he would love to call ‘home’. He earned his bachelor’s degree at the University of Pennsylvania and is about to graduate Georgetown University and Harvard University. He now has returned to the state of Delaware to begin his career.
Only recently this month, Chip Flowers released his initial ‘Delaware Economic Index’. This is only an example of the easy-to-use data he plans on offering Delawareans if he’s victorious in November’s election.
The report is four pages long and covers figures and observations on unemployment, housing, consumer confidence, interest rates, state spending and private sector business action in the state of Delaware. He did not only gather the data from federal or state sources but also private institutions. The report is supposed to be only a forerunner of the financial early warning system which is described in the “Flowers Framework for Restoring Prosperity” which is his campaign for strengthening the State Treasurer’s office.
If the people of Delaware have access to these kinds of reports, it will help the residents to understand the real facts about the economic happenings that affects their daily lives. By understanding this better, they will be able to prepare themselves or anticipate better. The report will also become an important resource for the state government while considering economic climates in order to make the right policies or change current ones. Flowers said that this kind of report will be released every month if he gets elected.
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