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WHO'S
WORRIED ABOUT OREGON'S FALTERING ECONOMY? “‘We
are seeing business expansion, increased jobs, and clear signs that we have
begun to emerge from the depths of the 2009 recession. Now is not the time to
panic.’” -House
Speaker Dave Hunt (News
Release: Legislature Must Have Specific Plan Before Coming Into Session,
Office of the House Speaker, 6/7/2010) Oregon's
Economy Continues to Falter under Democrat Leadership... “An
index of leading economic indicators for Oregon went downhill in May,
suggesting the state's fledgling recovery could falter during the second half
of this year.” (Leading
Indicators Suggest Oregon's Economic Recovery in on Shaky Ground, Richard
Read, The Oregonian 7/8/2010) ...With
More Job Losses. “Last
month, the state lost 3,600 jobs -- Census workers, mostly -- after a revised
gain of 2,600 in May, seasonally adjusted. Oregon's jobless rate
dropped 0.1 percentage point in June, in part fueled by people leaving
the job hunt.” (Oregon's
Jobless Rate Remains Stuck as Hiring Drags, Richard Read, The Oregonian,
7/14/2010) Oregon:
A National Leader in Joblessness... “‘With
the U.S. rate dropping a couple of tenths of a percentage point (to 9.5
percent in June) and the state not following suit, Oregon is now showing a
significantly higher unemployment rate than the U.S.,’ said David
Cooke, an Oregon Employment Department economist.” (Oregon's
Jobless Rate Remains Stuck as Hiring Drags, Richard Read, The Oregonian,
7/14/2010) …and
a National Leader in Foreclosures. “Along
with grass seed, hazelnuts and Christmas trees, Oregon is increasingly
finding itself a national leader in a more dubious bumper crop --
foreclosures. “The
rate at which Oregonians are falling into foreclosure unexpectedly jumped 20
percent in the first quarter, making the Beaver State No. 3 in the
country.” (Oregon
Foreclosure Rate Leaps 20 Percent, Leaving the State No. 3 in the Country,
Jeff Manning, The Oregonian, 7/4/2010) Thanks
to Job-Killing Taxes. “Pozdena,
of EcoNorthwest, maintains ballot Measures 66 and 67, the tax initiatives
passed in January, will cost the state 70,000 jobs during the four years they
take effect. ‘That means,’ he said, ‘we're falling further
and further behind the state's forecast.’” (Oregon's
Jobless Rate Remains Stuck as Hiring Drags, Richard Read, The Oregonian,
7/14/2010) “‘Somehow
you have to say, ‘What didn't we tax?’ [Senate President Peter]
Courtney added - although he immediately took the statement back as he
realized that he went too far with his sarcasm.” (Oregon
Democrats Exult in Victory, Jeff Mapes, The Oregonian, 1/27/2010) |
