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Entries in Jobs (457)

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)

Tuesday
Sep092014

ALG's Daily Grind - The best social program remains a job 

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Sept. 8, 2014

Permission to republish original opeds granted.

The best social program remains a job
The recession and the loss of millions of jobs drove 20 million new individuals onto the welfare rolls. The way out is to create new, full-time jobs. The minimum wage is a sideshow.

September's closing argument for election 2014
With a limited calendar, the Democratic Party controlled Senate and the Republican Party controlled House will each be trying to put their best foot forward to justify being returned to office.

Mr. President, what about a campaign-style push to talk up America for a change?
One role of the presidency is to be a cheerleader for the U.S. Imagine if President Obama had done this—instead of an apology tour.

Ferecchio: Budget cuts may have spared key IRS emails
"A top Republican on the House Oversight and Government Reform Committee said he has learned that key lost emails sent by Lerner, a former IRS administrator accused of targeting conservatives, may be preserved somewhere within 760 exchange servers that were supposed to be destroyed two years ago."

Friday
Sep052014

ALG - Labor force exodus continues 

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Sept. 5, 2014, Fairfax, Va.—Americans for Limited Government President Nathan Mehrens today issued the following statement on the latest jobs numbers:

 

"In the midst of what Obama continues to claim is an improving economy, in August only 80,000 fewer people were unemployed than in the previous month.  Of those, 64,000 gave up on trying to get a job entirely and are no longer counted, with only 16,000 actually getting a job.  Incredibly the unemployment rate went down in spite of this disastrously bad employment report because all together 268,000 fewer Americans were counted as being in the labor force at all.  If our nation's economy continues along this path we will reach full employment because no one is actually being counted as being in the labor force."

 

To view online: http://getliberty.org/labor-force-exodus-continues/

 

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Americans for Limited Government is a non-partisan, nationwide network committed to advancing free market reforms, private property rights and core American liberties. For more information on ALG please visit our website at www.GetLiberty.org.

Wednesday
Sep032014

NHDP - Following Labor Day, Failed CEO Walt Havenstein Needs to Explain to NH Workers Why He Fudged the Job Numbers in His Economic “Plan”

Havenstein's "Plan" Distorts Job Creation Numbers in Attempt to Mislead Voters; Hides Fact that NH is Already on Pace to Create 25,000 Private Sector Jobs in Two and a Half Years  
Manchester, NH – Following Labor Day, failed CEO Walt Havenstein needs to explain to New Hampshire workers why he fudged the job numbers in his economic “plan.” Havenstein's so-called "plan" promises to create25,000 private sector jobs in two and a half years. But by using misleading numbers to calculate the current rate of job-creation, Havenstein tries to hide the fact that New Hampshire's economy is already on pace to create 25,000 jobs in the same amount of time. 
 
Though Havenstein's "plan" uses misleading and unsound methodology to claim that New Hampshire created 4,500 jobs over the past year, an honest accounting reveals that New Hampshire's economy actually created 10,400 private sector jobs between June 2013 and June 2014.
 
"It should come as no surprise that Havenstein botched his own economic 'plan' given that as CEO of SAIC, his last attempt to implement a 'plan' drove the company into the ground, as SAIC lost millions of dollars and thousands of jobs,” said New Hampshire Democratic Party Deputy Communications Director Bryan Lesswing. “The truth is that under Governor Hassan's leadership, New Hampshire's job-creators are already on pace to hit Havenstein's targets. Havenstein's Koch Brothers 'plan' would just pad the profits of multi-national corporations while undermining our economic progress and hurting New Hampshire's middle class families and small businesses."  
 
A closer look at the numbers behind Havenstein’s “plan” reveals a misleading and unsound methodology. Havenstein not only cherry-picked seasonally-adjusted jobs number to calculate New Hampshire’s current rate of job creation, but he also incorporates government job losses to drive the number down to his claimed 4,500 figure.
 
According to the Bureau of Labor Statistics’ own guidance, “annual average estimates are calculated from the not seasonally adjusted data series.” Meaning the most accurate number of private sector jobs created from June 2013 to June 2014 is 10,400 (non-seasonally adjusted, non-government jobs). By this measure, New Hampshire’s economy is already on pace to exceed Walt's target in the same amount of time. 
 
BACKGROUND
 
The revelations over Havenstein’s misleading and unsound methodology come as criticism of his “plan” mounts. 
 
An editorial in today's Concord Monitor notes, “Havenstein, if elected, would push to lower the state’s Business Profits Tax from 8.5 percent to 7.4 percent, something that he magically believes would create 25,000 new jobs. He offers no evidence to support that belief, and history suggests it’s misplaced." 

In a fact check of Havenstein’s“plan,” the New Hampshire Fiscal Policy Institute points out that the business tax giveaways in Havenstein’s so-called “plan” would “reduce tax revenue by as much as $90 million per biennium.” And as NHFPI notes, “Business tax cuts, if not offset by increases in other taxes, will lead to reductions in the public services on which both residents and businesses rely.”
 
The Union Leader’s Garry Rayno also highlighted how Walt’s economic “plan” to lower the Business Profits Tax would largely benefit multi-national companies, while not helping New Hampshire small businesses and local job creators. 
 
And in a Nashua Telegraph Op-Ed, Mark Connolly described Havenstein’s “plan” as, “more slogan than reality” and possessing “no basis in economic reality,” likening it to GOP presidential candidate Herman Cain’s failed “9-9-9” idea.
 
For full New Hampshire employment numbers from the Bureau of Labor Statistics see below or here

 

New Hampshire not seasonally adjusted non-farm jobs
June 2013: 649,300
June 2014: 658,500
Change:  +9,200
 
New Hampshire not seasonally adjusted government jobs
June 2013: 88,400
June 2014: 87,200
Change: -1,200
 
New Hampshire not seasonally adjusted private sector jobs (total non-farm minus total government jobs)
June 2013: 560,900
June 2014: 571,300
Change: +10,400 jobs
Monday
Sep012014

NHDP - Legal Documents Show Brown Endorsed Outsourcing Strategy

To Distract From His Endorsement of Shipping American Jobs Overseas, Brown Makes Dishonest Attacks About Senator Shaheen 
 

Manchester, NH-- Scott Brown's signature on legal documents filed with the Securities and Exchange Commission just two days before announcing his run for Senate, prove absolutely false Brown’s claim that he had no knowledge that a company paying him more than a quarter million dollars, Kadant, Inc., had a record of outsourcing and sending American jobs overseas.
 
"Scott Brown's signature is on legal documents filed with the Securities and Exchange Commission endorsing Kadant's strategy of outsourcing jobs to low wage countries like China and Mexico," said New Hampshire Democratic Party Communications Director Julie McClain. "Either he was falsifying documents filed with the SEC, which would be a crime, or he is trying to avoid responsibility for collecting more than a quarter of a million dollars from a company and has sent American jobs overseas."
 
The March 12, 2014 document, filed with the SEC, reads: "We pursue a number of strategies to improve our internal growth...using low cost manufacturing bases, such as China and Mexico."  Previous filings with the SEC that also have Brown's signature include the same language and endorsement of outsourcing American jobs.
 
This is not the first time Scott Brown has tried to claim that he was unaware of or disconnected from the operations of a company that was lining his pockets. Brown was forced to resign in disgrace from his role as an advisor to a shady penny stock company GDSI, a former beauty supply company turned weapons manufacturer whose executives were sued for fraud.   Since losing his reelection campaign in Massachusetts, Scott Brown tried to cash in with that Florida-based company, and he has collected more than a quarter of a million dollars in cash and stock from a company that outsourced American jobs. 
 
Meanwhile, his attacks against the state of New Hampshire ring hollow. The contract, approved by a majority Republican Executive Council, to modernize the out-of-date food stamp program was with Citibank - not a company in India. Years later, it was discovered that the contractor sub-contracted to a company that sub-contracted to a call center in India, and New Hampshire tried unsuccessfully to end the subcontracting. To say that Jeanne Shaheen outsourced jobs is absolutely false, as explained in the Nashua Telegraph story revealing Brown's lucrative Board role with the outsourcing company. Importantly, Scott Brown continues to ignore the fact that he is profiting from a company that sent American jobs overseas.
 
"Scott Brown is dead wrong, and what he’s saying has no basis in the facts. He’s just making this up, concocting phony attacks to gain political points for himself. It’s more proof he’ll say anything, and the people of New Hampshire can’t trust him," added McClain.  "Scott Brown tried to deceive the people of New Hampshire today, and he knows it. Kadant outsourced jobs, closed U.S. manufacturing facilities, and Scott Brown is cashing in from the practice." 
 
TRANSCRIPT:
Josh McElveen: Let's get to the latest criticism and that's your involvement with the company you're on the board who's business plan includes shipping jobs overseas to minimize costs - outsourcing - and you've been criticized for your involvement signing off on a business plan that does that what's your response?  
 
Scott Brown: Well first of all that's not the facts.   Five years ago before I was on the board apparently they shifted gears and moved businesses to another country for that country to create jobs in that country. I haven't outsourced any jobs the only person that's outsourced jobs is Senator Shaheen. When she was governor she signed a contract to get our food stamp program moved to India and actually knew about it and did nothing about it.  As a result of the actions of Kadant and I encourage anybody who has any questions to call them, there job numbers have increased over 30% in the United States.
 
Josh McElveen: So just to be clear, you did not approve any business plan that did ship any jobs—
 
Scott Brown: No that's happened long before I even got on the board - I've been on the board a year.  It's somewhat laughable and trying to once again deflect from her actual record of actually outsourcing.  So someone who's actually saying, oh outsourcing's terrible - she goes and actually signs a contract that actually outsources food stamp programs to India so let the facts speak for themselves.
 
Josh McElveen: Any temptation though to resign from the board just to remove any appearance of—
 
Scott Brown: No it's a great company their job numbers in the United States have gone up 30%. 


Click here to see Kadant's 2013 Annual Report (3/12/14).