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Entries in Middle Class (37)

Saturday
Sep272014

NHDP - Failed CEO Walt Havenstein Takes Cues from Governor Bobby Jindal's Disastrous, Anti-Middle Class Agenda in Louisiana

Jindal Among Least Popular Governors in Country for Slashing Education Funding, Working Against Medicaid Expansion and Opposing an Increase in the Minimum Wage

Manchester, NH – As failed CEO Walt Havenstein stumps with Louisiana Governor Bobby Jindal today, Havenstein is also taking cues from the Louisiana governor's disastrous, anti-middle class agenda that has left him “among the least popular governors in the U.S.”

Among Jindal's other devastating budget cuts that have hurt Louisiana's middle-class, he slashed $700 million in funding for higher education, and continues to deny access to affordable, quality health care for nearly 240,000 Louisianans by opposing Medicaid expansion. Similarly, Havenstein signed his name to the Koch Brothers pledge that calls for taking New Hampshire back to the Bill O'Brien era of devastating cuts to education, health care and public safety, and repealing health coverage from 50,000 Granite Staters.

“Not only is failed CEO Walt Havenstein touting support from one of the most unpopular governors in the country, but Bobby Jindal's home state of Louisiana is still reeling from his disastrous economic agenda of devastating budget cuts and backwards policies,” said New Hampshire Democratic Party Chairman Ray Buckley. “Just like Jindal cut $700 million in funding from higher education, Havenstein signed the Koch Brothers pledge that calls for taking New Hampshire back to the Bill O’Brien era when higher education spending was slashed in half and devastating cuts were made to health care and public safety. And while Jindal has blocked efforts to expand Medicaid and increase the minimum wage, Havenstein wants to take away health care from 50,000 Granite Staters and deny hard-working New Hampshire families a needed raise, despite pocketing nearly $20 million for himself as he ran SAIC into the ground and the company shed 5,000 jobs.”

Jindal's deep unpopularity within his home state also stems from his refusal to increase Louisiana's minimum wage, an issue that a majority of Louisianans now favor. Likewise, Havenstein has proven that he is out of touch with middle-class families by continuing to oppose a needed pay raise for 76,000 hard-working Granite Staters, despite taking nearly $20 million as he ran SAIC into the ground, the company lost millions of dollars, shed 5,000 jobs and it's stock value plummeted 32%.

“If the deep unpopularity towards Bobby Jindal's anti-middle class agenda in Louisiana tells us anything about failed CEO Walt Havenstein's similar so-called “plan” for New Hampshire, it's that Havenstein isn't looking out for hard-working Granite Staters and would drive our state into the ground just like he did to SAIC,” continued Buckley.

Background

Jindal among least popular governors in U.S.
“A new poll released Tuesday suggests Gov. Bobby Jindal is among the least popular governors in the U.S. […] Fifty-three percent said they disapprove of Jindal's job performance.” [The Advocate, 3/4/14]

242,150 Louisiana Residents Would Have Gained Health Care Coverage Had Louisiana Expanded Medicaid 
“Refusing to accept the money was a terrible decision. The extra federal money would allow tens of thousands of uninsured families to get health coverage. These are people who earn too much money for Medicaid under the old formula but can't afford to buy a private policy and aren't covered at their jobs. The Kaiser Family Foundation says there are 242,150 Louisiana residents in those circumstances.” [Editorial, Times-Picayune, 9/7/14]

Bobby Jindal Opposed Efforts To Raise The Minimum Wage In Louisiana and Nationally
“Jindal said he would not be in favor raising the minimum wage nationally or in Louisiana at this time because the country's economy isn't strong enough. Both the U.S. Congress and the Louisiana State Legislature are considering increases to the lowest possible wage this spring.” [The Times-Picayune, 2/26/14]

Bobby Jindal Slashed $700 Million From Higher Education Since 2008
“The economic miracle suggested by the employment figures, meanwhile, has not exactly put state government in clover, partly, no doubt, because of the tax cuts Jindal is so proud of. He just ordered a spending freeze across all departments, and has been obliged to tap state Treasurer John Kennedy for a $40 million loan to keep the colleges open. Next year's budget, as usual, is held together with chewing gum and baling wire. Higher education has been cut by $700 million since 2008, with tuition increases picking up some of the slack, while health care for the poor slips ever further down Jindal's agenda.” [The Advocate, 5/1/14]

Thursday
May222014

Guinta For Congress - Middle Class Economic Recovery Tour Rides into Rochester 

 

4th Stop Finds Team Guinta at Spaulding Composites

This morning, Team Guinta made the fourth stop on its Middle-Class Economic Recovery Tour, visiting Spaulding Composites in Rochester. This is a company with deep New Hampshire ties, having been in the State for more than 140 years.

Following the stop, Frank Guinta released this statement:

“Spaulding has been a dynamic and innovative company since its inception in 1873. It is one of the many successful New Hampshire manufacturers operating today. Its ability to adapt and grow from challenges is why they are able to continue operating at such a high level. It is clear businesses need tax and regulatory certainty; they need an advocate, not an adversary. Washington has proven to be the latter. I will continue looking for ways to cut red tape and government bureaucracy with an eye toward unleashing the American entrepreneur and growing our economy.”

Friday
May162014

ALG's Daily Grind - Lois Lerner should be jailed 

6

May 15, 2014

Permission to republish original opeds and cartoons granted. 

Lois Lerner should be jailed
Congressional investigators have found that, from the donor lists the IRS was able to illegally procure from conservative groups seeking tax-exemption, almost one in ten of the names listed were audited by the IRS.

Cartoon: Chilly economy
So, the winter caused the economy to slow down?  

Did anyone even read the last Fed audit?
Senator Rand Paul wants another Fed audit, but wasn't the last audit bad enough—with over $442 billion of free money flowing to foreign banks—to start taking some action now?

Smith: The solution for the declining middle class is to destroy fixed costs and debt   
"The solution to the erosion of the middle class lifestyle is to destroy debt and other fixed costs and eliminate self-sabotaging discretionary consumption."

  

May 15, 2014

Permission to republish original opeds and cartoons granted.

Lois Lerner should be jailed
Congressional investigators have found that, from the donor lists the IRS was able to illegally procure from conservative groups seeking tax-exemption, almost one in ten of the names listed were audited by the IRS.

Cartoon: Chilly economy
So, the winter caused the economy to slow down?

Did anyone even read the last Fed audit?
Senator Rand Paul wants another Fed audit, but wasn't the last audit bad enough—with over $442 billion of free money flowing to foreign banks—to start taking some action now?

Smith: The solution for the declining middle class is to destroy fixed costs and debt   
"The solution to the erosion of the middle class lifestyle is to destroy debt and other fixed costs and eliminate self-sabotaging discretionary consumption."

 

Tuesday
May132014

Guinta For Congress - Middle-Class Economic Tour Coming to a Town near You!

 

Team Guinta is announcing the beginning of a new tour this morning that will focus on jobs, the economy and New Hampshire’s middle-class. This Middle-Class Economic Recovery Tour, will focus on distinct geographic and industry specific portions of New Hampshire’s economy.

Specifically, the Tour will address issues surrounding the potential tax increases on the residents in the Great Bay Coalition, the manufacturing sector, North Country small businesses, job training programs, fishing, tourism and more.

Frank Guinta released the following statement:

“In traveling the District, one of the greatest issues of concern on people’s minds is the current state of our stagnant economy. New Hampshire’s workforce is filled with smart, talented, and dynamic innovators who want to grow their businesses, and hire capable Granite Staters. The toxic mix of overspending, overregulating, and underappreciating the American worker is destroying any chance at a true economic recovery. Throughout this tour, I will look to listen to Granite Staters and small business owners to identify and put forth solutions to the job crisis we are facing.”

Stops on Team Guinta’s Middle-Class Economic Recovery Tour include, but are not limited to, the following:

Great Bay Estuary: Tour of Rochester’s Wastewater Treatment Plant
Welch Manufacturing Technologies: Laconia
Spaulding Composites: Rochester
Electropac Co: Manchester
Foss Manufacturing: Hampton
Auto and Truck Recycling Association of New Hampshire
Keller Williams Realty: Bedford
Small Business Downtown Walk with Carolyn Brown: Conway
Small Business Downtown Walk with Luke Freudenberg: Wolfeboro
Lakes Region Community College Workforce Development: Laconia
Great Bay Community College Business and Training Center: Portsmouth
Tour of Gunstock Mountain Resort: Gilford
Tour of Hampton Beach Boardwalk with John Nyhan: Hampton
Yankee Fisherman’s Cooperative: Seabrook
Lobster Fishing: Portsmouth

Thursday
May082014

ALG's Daily Grind - Fed head Yellen admits Obama economy still stinks  

6

May 8, 2014

Permission to republish original opeds and cartoons granted.

Fed head Yellen admits Obama economy still stinks
Janet Yellen promises to keep the printing press warm in Congressional testimony: "A high degree of monetary accommodation remains warranted."

Cartoon: Climate change hypocrites
The Obama administration does not practice what it preaches on carbon emissions.

Obama conspires to attack Hillary's "Vast Right-Wing Conspiracy"
During the Clinton administration, the political left watched its monopoly on news media and content, and therefore the information an "informed" electorate utilized while making decisions in the ballot box, dissolve before their eyes. Years later, Barack Obama's administration has successfully established widespread institutional opponents to this "Vast Right-Wing Conspiracy" of liberty-minded news media.

Smith: How the middle class lifestyle became unaffordable
"There are four structural drivers behind the soaring costs of the middle class lifestyle."