Virginia lost 14,600 jobs last month The U.S. Department of Labor reported last week that Virginia lost more than 14,000 jobs in the month of June, more than every other state but two. The loss amounted to nearly a quarter of the gains the state has made since Governor Bob McDonnell took office, which should lead Virginians to question about our Governor is actually doing to create jobs for struggling Virginians. At the same time, the nonprofit Commonwealth Institute for Fiscal Analysis released a report stating that Governor McDonnell has not made any progress on jobs since taking office. To read more about the staggering June job losses click here. To read the DPVA statement questioning “Bob’s for Jobs’” record on job creation click here. To read an overview of the Commonwealth Institute report, click here.
Cantor, Allen continue to play chicken with our economy As debt talks in Washington continue to threaten our economic security and the AAA bond ratings of the nation and Virginia, Eric Cantor continues to stand in the way of a deal and George Allen continues to cheer him on from the sidelines, urging Republicans to use potential disaster to our economy as ‘leverage’ for budget cuts that will hurt the middle class. To read more about Cantor and Allen’s willingness to risk our economy for their own agenda, click here. To watch a web video on how Allen’s position compares with other Republicans click here. To watch a web video on Cantor’s reckless and irresponsible behavior click here.
Guess who is pulling Eric Cantor’s strings? The Washington Post featured Eric Cantor this week as the largest defender of hedge fund and financial firms in Congress, and also of course one of the largest recipients of their money. To read more about Cantor’s Wall Street masters click here.
Warner, Webb try to delay carrier move Democratic Senators Jim Webb and Mark Warner introduced amendments last week to remove the funding it would take to move a Navy aircraft carrier from Norfolk to Mayport, Florida. The move could cost thousands of Virginia jobs and hundreds of millions in taxpayer dollars. To read more about Warner and Webb’s fight to keep the carrier in Virginia click here.
Localities question the McDonnell surplus The Lynchburg News & Advance reported this week on the disingenuousness of Bob McDonnell’s ‘surplus’ claims as cities and counties like Lynchburg are struggling to deliver services for their citizens after dramatic cuts in state funding. As one city councilman put it: “I think it’s unconscionable that the state would claim to have a balanced budget when, in fact, all it’s doing is forcing us to raise revenues locally to pay for its efforts.” He called the state’s actions “dishonest.” To read more about the local reaction to Bob McDonnell’s fantastical surplus, click here.