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Entries in Inflation (91)

Friday
Mar132015

Statement of NH Rep. Jackie Cilley on the vote on HB 684, Minimum Wage 

(Barrington, NH - March 12th, 2015) While I am disappointed by the votes in the House and Senate today, I see reasons for optimism going forward. At the beginning of this session, everyone predicted that legislation as far-reaching didn’t have a chance and that any serious effort to permanently fix New Hampshire’s minimum wage wouldn’t win over everyone. Today’s result demonstrates that, with a well-researched and bipartisan approach, people in Concord will listen and judge a proposal on its merits.  Next time, we’ll get the 27 more votes necessary to give our hardest working neighbors a long-overdue raise.  

 

But make no mistake; this represents a missed opportunity and more fall-out from the disastrous reign of Speaker O’Brien. We had a chance to return control of our minimum wage from Washington DC to our citizens legislature in Concord and we didn’t. We had a chance to insert more money into our recovering economy and increase its momentum and we didn’t. And most importantly, we had a chance to stabilize the finances of thousands of our neighbors while allowing them to move off of food stamps and other forms of public support and we didn’t.

 

I have learned a good deal in this, my first term back after a six-year absence, that I will take with me when I introduce this again. And I promise both my supporters and my critics, I will reintroduce legislation to raise our minimum wage to a livable level and get it signed into law. 

 

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About Jackie CilleyBorn in Berlin, New Hampshire, Jackie Cilley was raised with four siblings in a third-floor walk-up tenement before graduating from Berlin High School. She earned bachelor's and master's degrees from UNH and has served as an adjunct professor at the Whittemore School of Business and Economics since matriculating from there in 1985. In 2004 she ran for a seat in the New Hampshire House of Representatives and won, serving one term in the House before being elected twice to the  New Hampshire Senate, representing the 6th District from 2006 - 2010. In 2012, she ran an unsuccessful campaign for the Democratic nomination for Governor, losing to Gov. Hassan. She was re-elected to the New Hampshire House in 2014 where she serves on the Committee on Executive Departments and Administration. Rep. Cilley was recently named by veteran NH political reporter John DiStaso as one of the "'Most wanted' NH Democrats for the 2016 presidential campaign.

Wednesday
Feb112015

NH House Majority Leader Comments on Minimum Wage Bills

CONCORD – House Majority Leader Jack Flanagan (R-Brookline) today offered the following comments relative to the four House Bills dealing with raising the minimum wage in New Hampshire that had a public hearing today before the House Labor Committee.

 

House Majority Leader Jack Flanagan (R-Brookline)

 

“These proposals have the potential to negatively affect our job climate in New Hampshire and could threaten the viability of many small and medium sized businesses especially in the hospitality industry, which many workers in our state depend on.  For many small employers, a government mandated wage increase of up to 114% is just not affordable, and they may have to reduce their overall number of employees or raise prices to compensate. In an economy that is still in recovery, this is not a viable option.”

 

“Raising the minimum wage could also reduce or eliminate job opportunities for our young workers who rely on entry level, part time, or seasonal jobs for valuable work experience.”

 

“The New Hampshire business community is compassionate and more than capable of making reasonable decisions that best suits the needs of their employees and the viability of their businesses. They know what it takes to attract and retain employees.”


“Republicans aren’t against higher wages. We are proponents of creating the economic conditions for businesses to thrive to ensure everyone has the opportunity to find a good paying job. Government mandates do exactly the opposite.”

Wednesday
Jan212015

NHDP - New Hampshire Republicans More Out of Touch on the Minimum Wage than Mitt “47%” Romney 

Concord, N.H. – Even Mitt Romney, who infamously said, “I'm not concerned about the very poor,” and "my job is not to worry about [47% of the American people],” now claims that he supports raising the minimum wage.
 
Yet despite the overwhelming support from Granite Staters for raising the state’s minimum wage, New Hampshire Republican leaders continue to oppose efforts to strengthen wages for tens of thousands of hard-working people.
 
“It is beyond belief that New Hampshire Republican leaders could be more out of touch on the minimum wage than even Mitt ‘47%’ Romney,” said New Hampshire Democratic Party Chair Ray Buckley. “It is long past time for Republican leaders to listen to the voices of the people of New Hampshire and finally join with Governor Hassan and Democrats in the legislature to strengthen wages and move our economy forward.”
 
BACKGROUND
 
Granite Staters Overwhelmingly Support Raising the Minimum Wage
76% of Granite Staters support raising New Hampshire’s minimum wage – including majorities of Democrats, Republicans and independents. [WMUR Granite State Poll]
 
Senator Bradley Uses Debunked Claims About Minimum Wage; Data Shows 2014 Job Creation Grew Faster in States that Raised the Minimum Wage
Following Governor Hassan’s call to finally raise the minimum wage in her Inaugural Address, Senator Jeb Bradley cited debunked Republican talking points, calling the minimum wage “a job-killer.” However, the Center for Economic and Policy Research (CEPR) found that job creation in 2014 was faster in the 13 states that had increased their minimum wage on January 1, 2014 compared with those that had not. Another study from the Institute for Research on Labor and Employment found “strong earnings effects and no employment effects of minimum wage increases.”

Saturday
Jan102015

NHDP - NH Republicans Double Down on Opposition to Strengthening Wages for Hard-Working Granite Staters 

Republicans Use Debunked Claims About Effect of Minimum Wage on Job Creation; Data Shows 2014 Job Creation Grew Faster in States that Raised the Minimum Wage 
Concord, NH – Following Governor Hassan’s impassioned call for legislators to come together to finally restore and increase New Hampshire’s minimum wage, Republican leaders doubled down on their opposition to strengthening wages for tens of thousands of hard-working Granite Staters.
 
A WMUR Granite State Poll found that 76% of Granite Staters support raising New Hampshire’s minimum wage – including majorities of Democrats, Republicans and independents.
 
“As Governor Hassan argued passionately in her Inaugural Address, it is long past time for members of both parties to come together to finally restore and increase our state’s minimum wage,” said New Hampshire Democratic Party Chair Ray Buckley. “Instead of recycling debunked talking points, Republican leaders need to listen to the voices of the people of New Hampshire and finally join with Governor Hassan to strengthen wages and move our economy forward.”       
 
In her Inaugural Address, Governor Hassan stressed the importance of expanding opportunity and strengthening wages for New Hampshire families. But just moments after the Governor’s address concluded, Senator Jeb Bradley was already recycling the same old debunked Republican talking points, calling the minimum wage “a job-killer.”
 
The problem with such claims is that they’ve repeatedly been shown to be untrue. The Center for Economic and Policy Research (CEPR) found that job creation in 2014 was faster in the 13 states that had increased their minimum wage on January 1, 2014 compared with those that had not. Another study from the Institute for Research on Labor and Employment found “strong earnings effects and no employment effects of minimum wage increases.”
 
Even more mind-boggling was the argument from Deputy Speaker Gene Chandler, who told NHPR that New Hampshire should not increase the minimum wage because doing so “also raises the wage levels of everyone else up the line because if the minimum wage is raised, then other people are going to expect to get more money.”
 
“It’s ludicrous and just another sign of how completely backwards today's New Hampshire Republican Party is that party leaders could argue that raising the minimum wage is a bad idea because it would help too many people,” added Buckley.

Saturday
Oct182014

ALG's Daily Grind - Security Issues jump to fore with Ebola crisis 

6

Oct. 17, 2014

Permission to republish original opeds granted.

Security Issues jump to fore with Ebola crisis
The federal government has a primary national security responsibility, and this 2014 election may just be the first in a decade that turns on this key issue that has waned from the collective consciousness since the end of the Cold War.

CDC last month on Ebola: 'outbreak is just a plane trip away'
Days before Thomas Duncan was identified as U.S. patient zero in Dallas, CDC director Tom Frieden warned on White House blog: "infectious diseases do not recognize borders, and a disease outbreak is just a plane trip away."

Schiff: Governments need inflation, economies don't
"While politicians, CEOs and economists talk about demand stimulus and the avoidance of a deflationary trap, Evans-Pritchard reminds us that inflation is all, and always, about debt management."