Speaker Candidate Rep. William O’Brien’s Statement on the Investment Group Motley Fool Identifying New Hampshire as the Worse State for Young People in the Nation
On the surface it is a paradox that the Democrat Party, which claims that it is the party for women, minorities, young people, and whatever other group it can conceivably define as aggrieved, invariably harms each of them. So after years of pandering and false claims of racism and wars on women, under Democrat control in Washington and Concord, labor force participation for women is at more than a 30 year low under the Obama Adminstration. Unemployment among black Americans, especially among young people, as well as their rates of poverty, are at levels not seen since the Great Depression.
In Concord, we have listened to this rhetoric for three of the last four legislative terms and it has always lead to more spending. And it is in that fact – the growth of Government generated by ever increasing spending by Democrats – that lays the solution to this paradox in New Hampshire. When government grows, the economy stagnates and it is the most vulnerable among us- the young, minorities, the historically disadvantaged, who suffer first, suffer the most and suffer the longest when the economy isn’t growing.
In New Hampshire these past two years under Maggie Hassan and House Democrats there has once again been demonstrated that this law of economics – too much government spending leads to too little economic growth - invariably trumps the laws of Big Government, producing the opposite of the desired effect. A well-respected investment organization geared to young people known as Motley Fool has, for the first time, identified New Hampshire as the worse state in the country for young people.
As the report indicates, when legislators vote too much spending, people will vote with their feet and leave. And that is what young people have done in New Hampshire. They have left and our population of 25 to 34 year olds is shrinking.
There is an alternative however. All of us can vote at the ballot box on November 4 to remove the over-spenders in Concord, from Maggie Hassan through House Democrats and, in doing so, ask our younger citizens to stay and come grow the economy with us.