Currently viewing the tag: "Economy"
Governor Strickland made the announced today according to the Columbus Dispatch.
Continental Structural Plastics had planned to close its faciltiy in the Village of North Baltimore, but after union workers at the plant approved Tha new three-year labor agreement, the facility is staying open, Strickland announced today, citing press reports.
The governor hailed the news while echoing a line in television ads run by the Republican Governors Association that end with, "Strickland didn’t get the jobs done."
“I want to commend all those who refused to give up when the chips were down,” Strickland said. “We can [...]
Full Story... →You’re going to see the usual “doom and gloom” today regarding the August jobs report released this morning.
Unemployment, nationally, went up .1% of a point. Why? Because more people re-entered the labor market a rate faster than the private sector could create jobs. What was the forecast (i.e. “market expectation”)?
The private sector is forecast to add a net total of only 41,000 jobs, the fewest since January, which isn’t enough to keep up with population growth.
What was the reality?
The Labor Department says companies added a net total 67,000 new jobs last month, down from [...]
Full Story... →There seems to be a growing consensus of opinion writers in Ohio’s newspapers that, well, John Kasich has no freakin’ clue what he’s talking about.
The Akron Beacon Journal wrote in an editorial that John Kasich’s JobsOhio plan demonstrates that Kasich, in their words, “[Kasich] doesn’t get it.”
The Cleveland Plain Dealer today examined Kasich’s JobsOhio plan and found that, yeah, the ABJ is right. Kasich just doesn’t get how Ohio government works, particularly when it comes to economic development and Third Frontier. On top of that, there are these issues:
Kasich’s plan raises [...]
Full Story... →Here’s Kasich’s spokesman Rob Nichols Mansfield News Journal in response to Governor Strickland’s recent campaign appearance there:
Because of Ted Strickland’s mismanagement, Ohio still has higher unemployment than every neighboring state but Michigan, and we’re recovering more slowly,” Nichols wrote in an e-mail to the News Journal. “Relief is coming, however, and John Kasich encourages Ohioans to stay positive and hang in there because if he’s elected governor in November, we’ll be able to reduce spending and begin reducing taxes so we can revive the economy and create jobs.
Yes, it’s true that only Michigan is the only [...]
Full Story... →Governor Ted Strickland and the Ohio Department of Development announced that the Department is now accepting applications for the newly created Ohio New Markets Tax Credit Program:
The New Markets Tax Credit is a critical part of our plan to create Ohio jobs in communities that have traditionally been in need of business investments,” Strickland said. “When we make it easier to make business investments in Ohio, businesses find it easier to create jobs for hard-working Ohioans.”
The program idea was first introduced by the Speaker of the House Armond Budish.
“We are one of the first states [...]
Full Story... →This is from the press release from the Governor’s official office, not the campaign:
“Ohio unemployment rates have declined for four months in a row and the private sector created 10,500 Ohio jobs in July. That’s a clear sign businesses are investing in Ohio. In recent months we’ve seen growth again because in recent years we have lowered taxes, cut red tape and invested in the industries creating jobs that are hard to outsource.
“A recent study by the Philadelphia Federal Reserve Bank shows that over the last three months Ohio has the sixth-fastest growing economy. We have a long [...]
Full Story... →Like me, John Kasich must have watched “G.I. Joe” alot in the late 1980s and early 1990s. The difference was I was in junior high, and he was the ranking member of the House Budget Committee.
John Kasich’s entire gubernatorial campaign seems to be that if he portrays himself as a mixture of the political DNA of enough Republicans, he’ll appear to be the greatest political leader of all time. So far, John Kasich has mixed in his campaign the DNA of:
Former House Speaker/Adulterer Newt Gingrich
Former Arkansas Governor Mike Huckabee
Former Half-Term Alaska Governor Sarah Palin [...]
Full Story... →Today’s July jobs report from the Ohio Department of Job and Family Services notes a weakening labor market just as we’re seeing nationally, but one that is still creating private sector jobs—particularly in manufacturing.
Ohio’s unemployment rate was 10.3 percent in July, down slightly from 10.5 percent in June, according to data released this morning by the Ohio Department of Job and Family Services. Ohio’s nonfarm wage and salary employment increased 1,800 over the month, from the revised 5,045,000 in June to 5,046,800 in July.
“The number of unemployed Ohioans declined in July, and the unemployment rate decreased [...]
Full Story... →Ah, the good old days when “talking down the economy” was a bad thing. Remember? Republicans squealed that it was downright un-American to even say the R word. Recession? What recession? George W. Bush and his tax cuts were GOOD to the economy! There will be no talk of recession.
Hell, if you listen to one wingnut blogger in Ohio in particular you may have indeed thought the economy was gonna make a full on recovery in December of 2008.
Doh!
Yeah. Not so much. Remind me not to take Blumer to Scioto Downs.
Now [...]
Full Story... →Where to even begin? First, if you’re going to have an ad about unemployment, why feature two Johnny Lunchpails driving in their work truck from . . . work? Is this some kind of ham handed attempt by Republicans to appeal to blue collar workers ? It strikes me as an odd choice because the fictitious “messengers” don’t really mesh with the message.
Second, the acting and dialogue is just cheesy. The guy say “bad Governor” in the same tone one says to a puppy that isn’t housebroken. The pace of the dialogue almost lulls me to sleep. Third, [...]
Full Story... →Budget Watch
