Saturday, January 14, 2012

Frank Guinta fails business!

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"Guinta has no vision and no business sense"
seacoastonline.com - Letter to the Editor - January 12, 2012

Jan. 6 — To the Editor:

Frank Guinta has no business vision and doesn't understand the multiplier effect of money being injected into a community.

Many believed him last year when Guinta said he was pro-business. However, he said he didn't support and thus voted against funding the new bridge in Portsmouth, since there is another bridge in the area. He had no vision or sense of the negative impact on business. When the bridge closed, entrepreneurs on both sides of the bridge started losing business.

Thankfully, money was already set aside for the new bridge. Former Congresswoman Carol Shea-Porter and other pro-business members of Congress saw the value to the public and business communities and secured federal funding.

Frank Guinta also said he was against investing in rail. Again, he showed his lack of vision and understanding of the multiplier effect of federal money entering the communities along the proposed route. He hurt N.H. businesses and entrepreneurs by failing to see that not only would there be jobs building and maintaining the railroad, but many small businesses would be established, and existing businesses would benefit at every stop. He argued that trains don't make profits. That's not the point. Roads and railroads don't generate profits. However, they do create private business opportunities along the routes, help businesses move products and get employees to work, and provide jobs building and maintaining transportation systems.

Frank Guinta is a right-wing ideologue with no vision and no business sense. He's been extremely unfriendly to small businesses. What a disappointment!

Herb Moyer
Exeter, N.H.

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"Guinta has relentlessly bad judgment"
seacoastonline.com - Letter to the Editor - June 3, 2014

To the Editor:

Former tea partier Congressman Frank Guinta is on another one of his endless tours, this one called a "Middle-Class Economic Recovery Tour." It's ironic because Mr. Guinta shares responsibility for the current economy.

So — who was responsible for the devastating sequestration cuts that, as Mr. Guinta admitted, could endanger Portsmouth Naval Shipyard and its 5,000 jobs and the $624 million it puts into the Seacoast economy? Why, that would be Mr. Guinta himself, who thought sequestration was such a good idea that he voted for it. Now that those untargeted reckless cuts are looking like the destructive policy that they always were, he's hoping we'll forget his former support. Then there were all the furloughs that the sequester brought, which drained millions from the local economy. That's on him too.

When the Republican majority in the U.S. House forced the federal government to shut down late last year, Mr. Guinta was all for it. That shutdown cost U.S. taxpayers $24 billion, according to Standard & Poor's.

The Government Accountability Office reported in March 2014 that sequestration disrupted federal agency operations and caused agencies to significantly reduce or delay compensation, benefit payments, work hours, job incentives, investments, hiring, and public services. Remember that these are the agencies responsible for protecting the border and airline passengers, defending our country, researching cures for cancer, investigating criminal activities, preventing terrorist acts, issuing gas and oil leases, etc.

Mr. Guinta has relentlessly bad judgment about the economy. We can't afford him back in office.

Herb Moyer
Exeter, N.H.

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"Guinta should check facts"
The Concord Monitor, Letters, June 11, 2014

To kick off his so-called “Middle-Class Economic Recovery Tour,” former Congressman Frank Guinta released a statement bewailing the “toxic mix of overspending, overregulating and underappreciating the American worker.”

Not true. Underappreciating the American worker? It’s Guinta doing the underappreciating. He voted against raising the minimum wage while in the New Hampshire House, and ducked recently when asked for his current position. If he’s against it, be honest.

Overspending? Please. According to the Wall Street Journal, “federal spending is rising at the slowest pace since Dwight Eisenhower brought the Korean War to an end in the 1950s.”

Spending rose faster under every recent president, including Ronald Reagan. Federal spending has flattened under President Obama to an annualized rate of just .4 percent.

Overregulating? Not responsible for job losses. Bruce Bartlett, senior policy advisor in the Reagan and George H.W. Bush administrations, says government “overregulation” is “a canard invented by Republicans.” Statistics (Bureau of Labor Statistics) show that lack of demand impedes hiring, not government regulation.

The latest (2012) statistics are 36 percent for lack of demand and 3 percent for regulation.

Guinta should stop spouting outdated talking points and check the facts.

BETH OLSHANSKY
Durham, New Hampshire

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