Small-business creation has fallen off cliff during Obama's years

To The Daily Sun,

Pat and Jane Wood of Laconia suggest Democrats like Hillary Clinton support small businesses on Main Street. Pinocchio's nose just grew another foot.

Job creation, whether in small towns or big cities comes from one source, a strong, vibrant, growing economy underpinned by a work force educated to perform those jobs. Of all the macro failures of the Obama administration, none has had more dire consequences for the electorate than his inability to return this country to sustained economic growth back to trend line.

GDP for the first quarter just ended in March 2015 was actually a negative number. The Federal Reserve is still holding interest rates at recession-level lows as if the economy were still in crisis mode. For them it still is crisis. They are unable to increase rates for fear any hike will tip the economy back into recession. After seven Obama years the economy is still so weak they can't even begin the process toward normalizing rates.

For the 40-year period leading to Barack Obama's election, this country produced an average 3.5 percent annual GDP growth rate. Following recessions the economy always came roaring back producing 4 percent and 5 percent GDP output. That happened like clockwork going back to the 1940s. Not under Obama. Our economy still farts and sputters, unable to get out of first gear. Barack Obama will leave office next year having produced one of the poorest American economic output records of any president in modern history. Obama's GDP will average below 2 percent for his entire eight years.

There is no mystery why 20 million people have fallen out of the middle class since 2008. The less fortunate have been recipients of a subsidy tsunami to sustain them. The rich have used, and continue to use the free interest rate money to buy back their companies shares sending the stock market and their bank accounts to levels never seen before in history. Meanwhile, the middle class and Main Street have been been "hung out to dry" by Obama and Democrats.

Did you ever hear Hillary Clinton opposing any of Obama's economic policies as the middle class were swirling for the cesspool in the Obama sub-2 percent? Not a single word from her. That anyone could suggest Hillary is sensitive to the needs of main street and the middle class is beyond preposterous.

To make it extra clear to Pat and Jane, small-business creation across America has fallen off an absolute cliff since Obama was elected. Small-business investment that is indeed the engine of new job creation is now at 20-year lows. All while Democrats like Hillary and Obama have never seen a new tax on business they didn't love, higher minimum wages they couldn't hug, a union whose butt they couldn't kiss wet enough, or more rules and regulations that make getting into business that much more difficult, time consuming and expense.

If Pat and Jane want to spin fairy tales about filthy rich, certified hypocrite and top 1 percenter Hillary Clinton supporting the middle class and small business I suggest they pick some other paper than The Daily Sun because their delusional BS is going to get called out every time.

Barack Obama came into office with his mouth blazing. Profits are evil, businesses are all corrupt, they don't deserve what they built, business exceptionalism is crapola, and every business needs to be more highly regulated and taxed by him and the Democrats to produce equality.

Why in God's name should any one be surprised after this never ending frontal assault on business by Democrats that after seven years of that our economy would still be in the crapper, the Fed can't hike interest rates to normal, entrepreneurs have disappeared, small business investment has dried up, American business is trying to leave our country because of high taxation, and the percentage of eligible workers with an actual job is at 40-year lows?

Still, to this moment we have people in donkey clown cars supporting certified economic idiots for high public office that are 100 percent sure to produce disaster exactly like this.

Tony Boutin


  • Category: Letters
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Jim Hightower - The real scandal in Denny Hastert's life

Washington's establishment of politicos, lobbyists and media sparklies are shocked — shocked to their very core! — by the scandalous sexual revelations about Dennis Hastert.

The portly Republican, who'd been Speaker of the House a decade ago, was an affable, non-descript Midwesterner who was popular with his fellow lawmakers. A former high school wrestling coach in rural Illinois, Hastert was viewed as a solid salt-of-the-Earth fellow embodying Middle America's moral values. So his recent indictment for paying $1.7 million in hush money to a man he apparently molested during his coaching years has rocked our Capitol City.

"I'm shocked and saddened," said the current GOP Speaker, John Boehner. Likewise, former colleagues from both sides of the aisle were dismayed that "our Denny" would have been engaged in child molestation and now caught in an illegal financial cover-up of that abomination. "This has really come out of nowhere," exclaimed Rep. Peter King, a longtime ally of the man whom all of Washington considered a straight arrow.

Washington's gossip mill is spinning furiously over last week's revelations. Before we join these officials in wailing about Dennis Hastert's alleged long-hidden molestation, however, let me note that while they are bewildered by his sexual impropriety, they find it not worthy of mention — much less condemnation — that Denny has long been immersed in the immoral swamp of Washington's game of money politics. The guy they profess to love as a paragon of civic virtue — "the coach," as Rep. King hailed him — was one of the most corrupt speakers ever. What about the filthy, backroom affair he has been openly conducting with corporate lobbyists for nearly two decades?

During his tenure as House speaker, Hastert turned the place into the Willy Wonka Chocolate Factory of corporate favors. By putting campaign cash into Republican re-election coffers controlled by him and his top hit man, Majority Leader Tom DeLay, corporate interests gained entry into Denny's psychedelic playhouse.
With Hastert himself singing "Candy Man," the favor seekers could help themselves to the river of chocolate running through Congress' back rooms.
Remember "earmarks", the sneaky tactic of letting congressional leaders secretly funnel appropriations to favored corporations and projects? Earmarks became the trademark of Hastert's regime, sticking taxpayers with the tab for such outrages as Alaska's "Bridge to Nowhere." Indeed, Denny grabbed a $200 million earmark for himself, funding an Illinois highway near land he owned — land he then sold, netting millions in personal profit.

When he left Congress, Hastert moved just a short limo ride away to become — what else? — a corporate lobbyist. Trading on his former title, personal ties to House members and knowledge of how the chocolate factory runs, he has been hauling in a fortune as a high-dollar influence peddler for makers of candy-flavored cigarettes, Peabody Coal Company, land developers and other giants. And guess what his specialty is? Getting "riders" attached to appropriations bills, so public money is channeled directly to his clients.

Hastert openly traded legislative favors for campaign cash, including profiting personally from his powerful position. And, when he was squeezed out because of the corruption, he didn't return to the home folks — he became a K-Street lobbyist, continuing to profit to this day by doing corporate favors. That's how he got so rich he was able to shell out $1.7 million in hush money to the student he abused.

Good ol' Denny has always thought he was above the law. Just as Hastert should be held accountable for the deep personal damage his alleged molestation would've done to his former student, so should he also pay for his abominably-indecent abuse of office, his self-gratifying groping of public funds and his repeated, sticky-fingered violations of the American people's public trust.

(Jim Hightower has been called American's most popular populist. The radio commentator and former Texas Commissioner of Agriculture is author of seven books, including "There's Nothing In the Middle of Road but Yellow Stripes and Dead Armadillos" and his new work, "Swim Against the Current: Even Dead Fish Can Go With The Flow".)

  • Category: Letters
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GOP senators devoting selves to tax breaks for big businesses

To The Daily Sun,

I was just thinking about the N.H. Senate and House budget proposals and I am saying to myself, "What are they thinking?"

I know the Republicans are firm in their belief that everyone would be better off with lower taxes, but taxes serve a very critical and worthwhile purpose. There are many things the government provides that simply could not be provided for by private businesses, such as open roads and bridges network, our public school system, and of course a steadfast social safety net.

Then there are our military and security agencies, through which a safe and stable society is maintained for all. In New Hampshire, our state government provides many services for students, our elderly and disabled, as well as many New Hampshire-focused jobs and business initiatives that specifically serve Granite Staters and make us more competitive both within America and abroad.

Republican state senators have decided to devote themselves to tax giveaways that will disproportionately benefit large businesses. Their cut to the Business Profits Tax will see 76 percent of the cut go to the largest 1 percent of corporations and will cause the state to lose $80 million overall in this next budget cycle alone. That's a lot of money that could be going to schools, roads, or helping to care for our most needy citizens.

So readers, when was the last time you went to your employer and asked him/her to lower your income? That's exactly what these Republican senators have done with our state revenues.

Paula Trombi


  • Category: Letters
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Would be nice if conservatives would use facts instead of myths

To The Daily Sun,

Climatologists have successfully projected sea level rises with amazing accuracy. Dave Schwotzer on the other hand not only does not understand this but makes an outlandish statement about Al Gore and sea level. He remarks, "At one point he claimed that the oceans were going to rise by many feet which would have occurred by now according to his timetable." Gore never said that.

Climatologists in 1990 projected a 6-7 centimeter rise in sea levels by 2010. [1] That is right on the money. The 2013 IPCC report also expresses high confidence in projections of thermal expansion of the oceans [2].

Warm water expands so it's not just melting land ice that causes sea level rise, it's the warming of the oceans, too. Warmer oceans also lose their carbon sink abilities which leaves more carbon in the atmosphere which warms the oceans even more causing a positive feedback loop. Not good.

The oceans have warmed significantly in very recent times. They rose 6 cm in the 19th century and 19 cm in the 20th. Just 3 meters of sea holds more heat than the entire Earth's atmosphere and the present sea is only able to absorb one-third of the industrial CO2. The majority of the planet's heat is stored in the oceans. [3]

It would be nice if conservatives would use facts instead of right-wing myths and falsehoods in their letters. I will address his other claims in another letter.




James Veverka


  • Category: Letters
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Got Lunch makes sure kids who need food have healthy groceries

To The Daily Sun,

We not only live in a beautiful resort area, surrounded by the beauty of the mountains and lakes but we  also live in a community that cares about children. In 2014, GOT LUNCH! Laconia fed 654 children throughout the summer. It costs the program approximately $120 to feed each child for the entire summer. All these community efforts make a big difference and make this program possible.

GOT LUNCH! Laconia is a community collaborative made up of volunteers who work together to deliver healthy groceries to the school children of Laconia during the 10 weeks of the summer school vacation. With more than 60 percent of the children qualifying for free and reduced lunch, the potential is great for many of the children in Laconia to go without enough food during the summer.

GOT LUNCH! Laconia makes sure that children who need food have healthy groceries delivered to their doorstep.

In April, the Laconia School District came up with the idea of 5 on the 5th for Cinco de Mayo day. All school employees who donated $5 to GOT LUNCH! Laconia could wear jeans on May 5 and proudly wear a sticker "5 on the 5th." Then they thought to challenge the local businesses to do the same. One press release about the challenge and very little time to pull this challenge together raised $1,835.50 to feed the children of Laconia; raising enough money to feed 15 children for the entire summer. The school district alone raised $1, 230.50.

Other businesses that answered the call this year are: Irwin Automotive, Lakes Region Community Services, Lakes Region Partners for Public Health, Lake Opechee Inn and Spa, Wescott Law, and Sunday's Salon and Spa.

Thank you, so very much for responding to the challenge. Next year we hope to grow this challenge and include more business and non-profits – watch for the opportunity next year. Thank You Laconia! Thank you, Laconia, for caring for our children.

For more information about the program, or how to register, volunteer or donate, go to the website:

GOT LUNCH! Laconia

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  • Category: Letters
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