HRA Comments on New Hampshire’s Drop From the Top Half of the Country to the Bottom Half in CNBC’s Ranking of Top States for Business
Date Issued: Wednesday June 25, 2014
For Immediate Release
Contact: Bill O’Brien 603-620-8710
The House Republican Alliance issued the following statement in response to news that New Hampshire’s ranking on CNBC’s list of best states for business has continued to slide under the Democratic majority in the NH House of Representatives.
“In 2010 through 2012, the two years that the Republicans were in last a majority in the New Hampshire, we began the recovery from the prior overspending and over regulating under the then prior Democrat majority, which had dropped New Hampshire to near the middle of the country as a whole in CNBC’s ranking of states best for business. In fact, we were able to bring New Hampshire up to the 19th position and the signs looked good for continued improvement. Unfortunately, the current Democrat majority and their overspending and anti-business efforts have undermined our successes and caused New Hampshire to fall to 27th in the 2013 rankings and now to 30th in the 2014 ranking released by CNBC today. If that Democrat majority and therefore this trend of dropping an average of over five positions a year continues to the end of the next term, New Hampshire will be below 40 in the rankings and in the company of Louisiana, West Virginia and Rhode Island as states businesses avoid,” said Rep. Bill O’Brien, Mont Vernon.
“This slide toward economic stagnation in New Hampshire will only end when we return to a state government that understands that if New Hampshire businesses have to pay more taxes than Massachusetts businesses, as they do now, and operate under an ever-increasing burden of California-style regulations, as again they do now, then they will not be able to produce the jobs and prosperity that once made New Hampshire the envy of its neighbors. The time for change and reform is on us.”