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Entries in Economy (183)

Wednesday
Sep172014

NHGOP CALLS ON MAGGIE HASSAN TO HOLD TOWN HALL ON NEW HAMPSHIRE ECONOMY 

Concord - New Hampshire Republican State Committee Chairman Jennifer Horn today called on Governor Maggie Hassan to hold a town hall meeting on the state of New Hampshire's economy, in light of her recent comments regarding economic growth in the state:

 

"Maggie Hassan should be honest with her constituents about the dismal state of the economy in New Hampshire, instead of misleading them by saying that she has seen 'great growth' during her time in the corner office in Concord," said NHGOP Chairman Jennifer Horn. "Maggie Hassan should immediately hold an open, transparent town hall event to discuss the real challenges facing New Hampshire's economy, so that Granite Staters can hold her accountable for her reckless and abysmal tenure as governor."   

 

Maggie Hassan's big government, tax and spend policies are significantly hurting New Hampshire's economy, as the state economy grew by only half the national average in 2013.  Further, Maggie Hassan's regulation heavy agenda is creating an unfriendly environment for business in the state, as evidenced by the state's drop to 30th best for business, a significant change from the rating of 19th best state for business when she was elected in 2012.

 

BACKGROUND

 

Maggie Hassan believes that the economy has seen "great growth" during her tenure as governor. "We are seeing great growth, and we are moving forward," Hassan said. (Josh McElveen, "Havenstein attacks Hassan on economy," WMUR, 9/15/2014)

 

New Hampshire's economy grew by only 0.9% in 2013, down from 1.2% in 2012 and severely behind the national average of 1.8% growth in 2013.  (U.S. Department of Commerce Bureau of Economic Analysis, Widespread but Slower Growth in 2013, 6/11/2014)

 

Under Governor Maggie Hassan, New Hampshire has fallen from the 19th best state for business to the 30th best state for business according to CNBC.  (America's Top States for Business, CNBC, Accessed 9/16/2014)

Saturday
Aug302014

ALG's Daily Grind - Public Employee Union Day 

6

August 29, 2014

Permission to republish original opeds granted.

Public Employee Union Day
A lot has changed for organized labor since Labor Day was federally recognized 120 years ago.

Obama's low-income, community lending shakedown reaches $128 billion
Bank of America and other institutions get busted for engaging in risky low-income lending, and naturally, their penalty is to engage in even more of it.

It's about the money, not the climate
Taxing energy use means taxing "greenhouse gas" emissions; primarily carbon dioxide (CO2) so that every ton of it added to the atmosphere by a power plant and any other commercial activity becomes a source of income for the nation.

Investors.com: Obama's delusional view of the economy
Is it morning in America?

Sunday
Aug172014

ALG's Daily Grind - So goes retail... 

6

August 15, 2014

Permission to republish original opeds granted. 

So goes retail
So goes retail, so goes the economy. Well, retail growth is doing worse now than it was during the first three months of the year, and this time there's no cold spell or snow to blame. 

The Giver movie shows the Left's egalitarian consequences
The Giver shows a world without choice. Is that where we're headed now?

Another boring August?
Instead of engrossing articles detailing how the Democrat voting miners in the Minnesota's Iron Range are going to have to reconcile Senator Al Franken's anti-mining stance with their almost knee-jerk support for Democratic Party candidates and what that means for the majority, we have puff pieces and exposes on Hillary Clinton.

Street: China appears ready to dump its U.S. treasury bonds
Lombard Street Research: "For a long time the threat that Beijing might sell US Treasuries rang hollow, but no longer. Growth trouble across the Pacific may have a much bigger impact on US yields in 2015 and 2016 than the expected pace of US central bank tightening."

  

Tuesday
Jun032014

ALG's Daily Grind - Evidence mounts against climate change, Obama acts anyway 

6

June 2, 2014

Permission to republish original opeds granted. 

Evidence mounts against climate change, Obama acts anyway
News has come out that polar bears — a bread and butter fundraising dynamo endangered species for the global warmist crisis machine — may not be in danger at all.   

House votes to defund Obama's internet giveaway
Rep. Sean Duffy's (WI-7) Amendment to CJS Appropriations to Prohibit the Relinquishment of Internet Responsibilities passing the House of Representatives passed the House of Representatives with 229 votes.  

First Amendment Attack Senate Hearing scheduled
As reported on NetRightDaily.com, 41 Senate Democrats have signed onto a proposed Constitutional Amendment that guts the right to political speech in America. Now, the Democratic Party controlled Senate Judiciary Committee is trying to railroad this partisan attack on the most basic of individual freedoms with a hearing scheduled for Tuesday, June 3. 

Excluding Obamacare, US Economy Contracted By 2% In The First Quarter
One of the perverse effects of Obamacare is because it compels record levels of spending on healthcare, denying dollars to other economic activity. However, this increased healthcare spending  shows up as a positive in the way GDP is compiled.

 

Saturday
May312014

Guinta For Congress - Guinta Economic Tour Continues As the Economy Shrank in Q1

 Team Guinta continued its Middle-Class Economic Recovery Tour yesterday afternoon in Hampton at Foss Manufacturing. At Foss, we witnessed the innovative and pioneering work they do at home and abroad, specializing in nonwoven fabrics and specialty synthetic fibers.

Foss Manufacturing's ability to operate successfully is not only impressive, but also unusual in this economic climate. The United States Commerce Department reported that the economy decreased at an annual rate 1 percent (-1%) in the first quarter, a downward revision from the previously reported .1% growth rate.

Frank Guinta released the following statement:

“Congresswoman Carol Shea-Porter has dutifully supported President Obama’s policies for nearly six years, leaving us with a sluggish and under performing economy. As we continue our Economic Tour, we consistently hear that the Congresswoman’s efforts to spend our way into prosperity are not working. America’s middle class is being weighed down by Washington’s oppressive policies. We need to refocus our economic agenda, cut red tape, reduce taxes, and replace ObamaCare with real health care reforms that put the patient in charge rather than D.C. bureaucrats.”