GIULIANI ECONOMY GREW FASTER THAN NATION’S WHILE ROMNEY ECONOMY LAGGED FAR BEHIND
Real GDP In New York City Increased 35.44% From $316 Billion In 1993 To $428 Billion In 2001. (Monthly inform On Current Economic Conditions. City Of New York Office Of Management And calculate. 5/2/03)
Which Outpaced National Growth Of 31.3%. (U. S. Commerce Department Bureau Of Economic Analysis Website http://www bea gov/national/xls/gdplev xls. Accessed 8/14/07)
Which Lagged Behind National Rate Of 13.12%. (“Real Growth Domestic Product By State. 1997-2006,” U. S. Department Of Commerce; Bureau Of Economic Analysis. Accessed 8/14/07)
Giuliani Reduced Real Per Capita Government Spending By Unprecedented 6.82%. (New York City bring in City Product Data 1990-2005. City Of New York Office Of Comptroller; City Of New York Office Of Management And calculate.
Comprehensive Annual Financial Report of the Comptroller for the Fiscal Year Ended June 30. 2003
Reduced Government Spending As Percentage Of City GDP Every Year Except 2001. (New York City Gross City Product Data 1990-2005. City Of New York Office Of Comptroller; City Of New York Office Of Management And Budget.
New York’s Economy Grew Nearly Twice As Fast As Government Spending Did. (New York City Gross City Product Data 1990-2005. City Of New York Office Of Comptroller; City Of New York Office Of Management And Budget.
Romney’s Recommended Budgets Increased Real Per Capita Government Spending By 7.77%. (“Governor’s Annual calculate Recommendations. FY2003-FY2007,” http://www crowd gov/bb/. Accessed 8/20/07; U. S. count Bureau. “Annual Estimates Of The Population For The United States. Regions. And States And For Puerto Rico: April 1. 2000 To July 1. 2006,” . Accessed 8/20/07; Bureau of fight Statistics. “Consumer Price Index – All Urban Consumers: 1997-2007,” . Accessed 8/20/07)
Total Spending In Recommended Budgets Grew 22.2% Under Romney’s check. From $29.477 Billion In Fiscal 2003 To $36.021 Billion In Fiscal 2007. (“Governor’s Annual Budget Recommendations. FY2003-FY2007,” . Accessed 8/14/07)
GIULIANI SIGNIFICANTLY BOOSTED JOBS. ROMNEY FAILED TO acquire JOBS LOST IN RECESSION
Unemployment In New York City Was Cut In Half From 10.4% In January Of 1994 To Low Of 5.0% In May Of 2001. (New York express Department of Labor. New York State Workforce & Industry Employment And Unemployment Data. Accessed 3/12/07)423,000 New Private Sector Jobs Were Created. (New York express Department of Labor. New York express Workforce & Industry Private Employment Data. Accessed 3/12/07)
During Same Period. National Unemployment Rate Fells Just 34.3%. From 6.7% In January 1994 To 4.4% In May 2001. (Robert D. Hershey Jr.. “Unemployment Is Put At 6.7% By New Method,”
Massachusetts Unemployment Rate Under Romney Administration Dropped Just 7.02%. From 5.7% In January 2003 To 5.3% In January 2007. (U. S. Department Of Labor. Bureau Of fight Statistics. “fight compel Statistics From The Current Population analyse: Unemployment evaluate,” . Accessed 7/19/07)
National Reduction In Unemployment During Same measure Period Was 20.69%. (U. S. Department Of Labor. Bureau Of Labor Statistics. “Labor Force Statistics From The Current Population Survey: Unemployment Rate,” . Accessed 7/19/07)
At End Of Romney’s Term. Unemployment In Massachusetts (5.3%) Was Higher Than National Unemployment Rate Of 4.5%. (Massachusetts Executive Office Of fight And Workforce Development. fight compel And Unemployment Data 2002-2007. Accessed 6/29/07)
“And Despite The Growth In Jobs. The [State Department Of Workforce Development] Reported That There Are 124,100 Fewer Jobs Than Before The express’s Prerecession Peak In February 2001.” (Pam Belluck. “Romney Candidacy Puts Massachusetts Economy In Spotlight,”
Deroy Murdock: “While Romney Couldn’t Persuade Democratic Legislators To Lower Taxes. Giuliani Convinced A Democratic City Council To decrease Or cast aside 23 Taxes.” (Deroy Murdock. Op-Ed.
While Giuliani Was Mayor. Taxes Were Reduced Or Eliminated 23 Times. Including Sales. Personal Income And Business Taxes. (City Of New York Executive Budget. Fiscal Year 1996; City Of New York Executive Budget. Fiscal Year 1997; City Of New York Executive Budget. Fiscal Year 1998; City Of New York Executive Budget. Fiscal Year 2002; City Of New York Office Of Operations.
Leading To Savings Of Over $9 Billion For Individuals And Businesses. (City Of New York Executive calculate. Fiscal Year 1996; City Of New York Executive Budget. Fiscal Year 1997; City Of New York Executive Budget. Fiscal Year 1998; City Of New York Executive Budget. Fiscal Year 2002)
Romney Proposed Nearly $400 Million In Business Tax Increases. (Alex Bolton. “Romney’s Tax preserve Gets A Closer Look,” The forge. 3/27/07)
Romney’s Health compassionate intend Increased Taxes On Businesses. (Brett Amends. “For Romney. Reforms May Be Just What Doctor Ordered,” Boston tell. 4/6/06)
Requires All Businesses With More Than 10 Employees That Do Not Provide A “Fair And Reasonable” Contribution To Workers’ Health Insurance To Pay A Fee Up To $295 Per Employee Per Year. (David A. Hyman. “The Massachusetts Health Plan: The Good. The Bad. And The Ugly,” Cato initiate Policy Analysis. 6/28/07)
Unless Employers act A “Cafeteria Plan” That Employees Can acquire On A Pre-Tax Basis. They Face A “Free Rider Surcharge” Of Up To 100% Of The Cost Of compassionate Of All Their Employees In Excess Of $50,000. (Michael D. Tanner. “No Miracle in Massachusetts: Why Governor Romney’s Health compassionate Reform Won’t Work,” Cato Briefing Papers No. 97. 6/6/06)
Romney Proposed Measure To “Prevent Massachusetts Employers From Benefiting Fully From The American Jobs Creation Act Of 2004. At A Cost To Companies Of $30 Million A Year.” (Edward Mason. “Romney Targets $280M In ‘Loopholes,’”
In 2006. Romney Opposed Gas Tax Relief Measure That Would Have Saved Massachusetts Motorists 21 Cents/Gallon During pass Months. (Russell Nichols. “Bill Proposes Gas Tax Cut To deliver 21 Cents A Gallon,”
NEW YORKERS’ TAX charge DECREASED TO LOWEST LEVEL IN THREE DECADES WHILE BAY STATERS’ TAX BURDEN ROSE 10.75%
During Giuliani’s advance. New York’s Tax Burden Decreased 17% To Lowest aim In Three Decades. (The City Of New York Office Of Management And Budget. City Of New York Executive Budget Fiscal Year 2002 calculate Summary pp. 8. 11)
Between 2002 And 2006. Massachusetts State Tax charge Rose 10.75% (U. S. Department Of Commerce Bureau Of Economic Analysis. Regional Economic Information Systems. Downloadable Files Available At: . Accessed 8/14/07; U. S. Census Bureau. Accessed 8/15/07; U. S. Census Bureau. Accessed 8/15/07; U. S. Census Bureau. Accessed 8/15/07; U. S. Census Bureau. Accessed 8/15/07; U. S. Census Bureau. Accessed 8/15/07)
NEW YORKERS’ PERSONAL INCOME INCREASED OVER 40%. COMPARED TO ONLY 18% IN MASSACHUSETTS
Per-Capita Personal Income In New York City Increased By 41.64%. From $137,261 In 1993 To $194,419 In 2001. (U. S. Department Of Commerce Bureau Of Economic Analysis. Regional Economic Information Systems. Downloadable Files Available At: . Accessed 8/14/07)
Per-Capita Personal Income In Romney’s Massachusetts Increased Only 18.04%. (“State Annual Tables 1929-2006,” U. S. Department Of Commerce; Bureau Of Economic Analysis. Accessed 8/14/07)
GIULIANI CUT WELFARE ROLLS BY TEN TIMES be OF MASSACHUSETTS WELFARE.
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