Tuesday, January 27, 2009

S.C. Unemployment Going Up, Up, Up!

Posted by Will Moredock on Tue, Jan 27, 2009 at 2:26 AM

For years South Carolina has had one of the highest unemployment levels in the nation. Today, we stand at number three in unemployment ranking, with more than eight percent of S.C. workers out of a job. Gov. Mark Sanford, in the meantime, is fighting these depressing numbers, not by finding new jobs for S.C. workers, but by arguing with the State Employment Commission over whether they are accurate or merely somebody's conspiracy against him.

Never mind that that independent economists say the S.C.'s unemployment rate may be headed to 14 percent. Sanford says it's all politics, politics, politics. And why shouldn't he? He's running for president in 2012 and that's all politics.

Now the Guv has more bad numbers to worry about. At the Declining Markets Seminar last Friday, sponsored by the S.C. Professional Appraisal Association, attendants were told to look for a statewide unemployment rate of 23.5 to 25 percent over the next couple of years. That's Depression level unemployment, folks. That's the kind of unemployment that puts people in the streets and throwing bricks at the Governor's Mansion. How will this make Mark Sanford look when he stands in front of the Republican National Convention in 2012?

To learn more, go to www.scpac.net.

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SC's budgets that serve the public start out at anorexic levels. After years of "cutting the fat," there's no such thing as cutting to the bone; it's shattering the bones and felling the bodies. The governor and, to a lesser extent, the legislature has one solution to any problem: cut taxes and reduce services. Got a school system that fails mostly poor kids? Cut taxes. Got high unemployment? Cut taxes. Accept federal help only after making loud noises of self publicity. Already have some of the highest college tuition costs in the Southeast? Reduce access by closing 2-year campuses. Invite colleges to go private. Never mind that 85% in the USA go to state supported colleges. Are richer people buying BMWs? Cut taxes by limiting the tax on my clunker and your BMW to $300. Are the rich buying houses on the beachfront? Cut property taxes. When do these supposed conservatives realize their own mantra that there's no free lunch?

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Posted by nancy Moore on January 28, 2009 at 3:18 PM
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