Remember, back in February, when our junior Senator, Ma’am Barbara Boxer promised us that the “stimulus” was all about jobs. Well, in metro areas in the once-Golden State, it’s become all about job losses.
Of the fifteen metropolitan areas recording “jobless rates of 15 percent or worse in October,” nine are in California and three in Michigan. Let’s do some math here. Approximately 12% of Americans lives in the Golden State, yet 60% of urban areas with the highest employment are in our state. One wonders what Mrs. Boxer has been doing for the past seventeen years in the Senate.
While the Democrat has been busy writing books, the people she represents have been losing work. And she keeps proposing laws which would place additional burdens on those institutions which create jobs: businesses. Regulations of the type she has supported and currently proposes are particularly onerous on small businesses. And from 1987-2005, small businesses created the most net new jobs.
I do hope Mrs. Boxer will be telling us how she plans on easing the federal burden on small businesses, so innovative individuals and enterprising entrepreneurs can create new companies and/or expand their operations in the Golden State.