Overall Economic Ranking Dropped from 10th to 34th
Drops in Education, Infrastructure – Areas Where State GOP Made Major Cuts
Concord, NH - Under the leadership of the Republican Party, New Hampshire is losing ground in CNBC’s annual “America’s Top States for Business” driven by drops in rankings for education, workforce and infrastructure rankings, area where the current legislature has made major cuts.
“New Hampshire citizens are beginning seeing the real and harsh effects of the Republican Party’s wrong priorities. Republicans cut funding for higher education and local schools, raising tuition and property taxes, in order to fund a tobacco tax cut,” said Raymond Buckley, Chairman of the New Hampshire Democratic Party. “New Hampshire’s economy and middle-class families are now losing ground because of the Republican legislature’s wrong priorities.
“Businesses need a strong, educated workforce to succeed. They need a quality, basic infrastructure. Republicans slashed and burned. If we do not reverse course, the damage to our economy will grow,” Buckley said.
According to the study, New Hampshire has seen its rankings in workforce, economy, infrastructure and transportation, and education all drop. These areas received what the Nashua Telegraph called “devastating” blows from the GOP legislature’s cuts to the state budget.
New Hampshire’s workforce ranking dropped from 40th best to 44th best in the nation while our ranking in education dropped from 7th to 8th over the last year. New Hampshire’s infrastructure ranking dropped from 45th to 46th.
New Hampshire’s economic ranking has dropped from 10th best in the nation to 34th. This session, the O’Brien Legislature voted to attached a radical, anti-choice amendment to a bipartisan research and development tax credit. The GOP legislature also voted to strip consumer protections and cut funding for auditors, making it easier for tax evaders to bilk the state.
New Hampshire dropped from 45th to 46th in infrastructure and transportation. Due to the legislature’s cuts, the Department of Transportation faced a 13 percent cut and has cut 9 percent of its workforce (State Impact). Due to this legislature’s cuts, it is not likely that the 148 red-listed bridges will get the attention they need (State Impact).