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The Drag on New Hampshire's Economy

by: Dean Barker

Mon Sep 12, 2011 at 19:53:25 PM EDT


The White House has broken down what the American Jobs Act means for New Hampshire:
• 3,000 businesses receive a payroll tax cut.

• Immediate investment of over $132 million in infrastructure, creating around 1,700 New Hampshire jobs.

• Over $120 million in funding to support around 1700 jobs for teachers and first responders.

• Over $70 million in investment to improve and modernize New Hampshire's public schools, and resulting in a projected 900 jobs.

• Potential $20 million investment in renovating and refurbishing vital areas in local communities.

• $8.7 million in funding for our community colleges.

• Assistance for 18,000 long-term unemployed Granite Staters.

• Extending unemployment insurance for 1,700 in New Hampshire.

• A program for low income young people and adults that could create a combined 1000 jobs.

• A tax cut of almost $2000 for a New Hampshire household with the median income of $64,000

• ALL FULLY PAID FOR BY DEFICIT REDUCTION

Goodness knows New Hampshire could use assistance like that in these difficult economic times, made far more difficult by the immoral budget passed by Bill O'Brien and his GOP supermajority in Concord.

But it's clear that Frank Guinta and Charlie Bass, who represent the majority in Congress' lower chamber, are more invested in defeating the President than improving the economy.

Those suffering now will have to wait at a minimum until January 2013 for there even to be the possibility of our ruling elites' getting anything done for working families.

Oh well.

(find me > 140 on birch paper; on Twitter < 140)

Dean Barker :: The Drag on New Hampshire's Economy
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This is what happens (0.00 / 0)
when political power and access to wealth become the end-all of a party's platform.  

I was thinking about the NH-01 race last night and this popped into my head:  for Frank Guinta, this is all about HIS future, for Carol Shea Porter, it's all about OURS.  Frank knows that unless he votes the party line, no matter what he says to us when he is here at home, the good jobs that wait for Republicans who do their "duty" for the party will be out of his reach.  Our government has become a stepping-stone for the GOP's elected officials and staff to life-time employment as lobbyists or employees of think-tanks.  Put in your time and when you leave government we'll take care of you for the rest of your life.  It's a pretty strong incentive if you are selfish enough to stomach it.  And it's a future build on the backs of your fellow citizens and funded by their pain.  


Timely article (0.00 / 0)
on the subject.

[ Parent ]
The campaign-based economy. (4.00 / 1)


Infrastructure investment needed (4.00 / 1)
Any idea if any of the $132 million in infrastructure investment would go to the Capitol Corridor commuter rail?  Getting that commuter rail up and running will not only help residents, workers and visitors save commuting costs; it will surely bring new jobs and development to New Hampshire's three largest cities.


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