In a time of high unemployment, why isn’t NH doing more to promote job creation?
Despite all of our problems, America remains the most attractive market in the world for almost every product imaginable. In large part, this is why most American businesses don’t immediately think of exporting their products abroad – a major failing of ours. But foreign companies are well aware of the opportunities that exist in the U.S. markets. Anyone doubting this should immediately look at the auto industry. The U.S. still produces some of the best cars in the world. But, we do so primarily in the south, in such states as South Carolina, Kentucky, and Alabama and they bear the brand logos of BMW, Toyota, Honda, Infinity, etc.
And it is not just cars; Honda Aviation, for example, recently opened a new plant in North Carolina which will help offset that state’s loss of its old textile mills. Nor is it just manufacturing; the list of businesses is almost limitless, and includes high tech companies, software companies, call centers, etc. Indeed, without such businesses, American consumers would immediately encounter a steep bout of inflation and unemployment.
So here is the question: when Kia Motors or Hyundai were recently looking to open new assembly plants, why is it that no one tried to persuade them to build a plant in NH? With New Hampshire’s great lifestyle, low taxes, our high tech base and our business environment, our state should be an excellent destination for all kinds of business operations. More often than not, foreign businesses are looking to establish operations where the enabling business environment is considerably better than in their home countries. This usually means the U.S.A. It should also mean New Hampshire.
With New Hampshire’s economy softening,

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