Bill Bolling talks jobs on Fox Business
By JR Hoeft | Friday, January 28th, 2011 | PolicyLt. Gov. Bill Bolling, the commonwealth’s Chief Jobs Creation Officer, talks about Virginia’s program on Fox Business News.
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JR Hoeft
Conservative to the core; liberal with his opinion! J.R. has been involved in politics for over a decade and has worked on several campaigns in Hampton Roads. He has served on the Executive Committee of the Republican Party of Chesapeake and the Central Committee of the Republican Party of Virginia. He is also the director of “Blogs United” in Virginia. E-mail J.R.. Follow J.R. on Twitter.
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26 Responses to "Bill Bolling talks jobs on Fox Business"
Bolling for Governor! This guy is a class act and proven on the job.
J.R., please, this is bordering on the ridiculous. Sure, be a cheerleader for Virginia, but the overwhelming majority of economic development occurs on the regional and local level. His constant speaking on this issue is simply for political consumption, implying that it he who is responsible for creating jobs. This is so absurd that it would be comical if not for the intrusion of politics into the legitimate state, regional, and local efforts to promote Virginia for economic development.
Mike, The overwhelming thing Virginia needs is to become.. hold on, under Bob for Jobs we ARE one of THE best destinations in the USA for businesses to relocate to. This is not a regional or local issue, it is a leadership issue. Bill is not taking the credit for new business and creating jobs, he a facilitator and may be the best damn Lt Gov we have ever had in Richmond.
Or he may simply be a self promoting cog in the wheel. Frankly, the whole point of creating VEDP was to remove politics from the economic development process because that function is too important to be left to the partisanship. That of course is impossible as the partisan delegates cut the Governor’s opportunity Fund under Kaine but restored it for McDonnell. Fine, that’s politics, but when Bolling acts as the point man and calls attention to himself, he is promoting his Gubernatorial prospects, not Virginia’s economic development prospects, and this focus on the top ignores the real work that occurs in the regions and the cities/counties. All this blathering about new job creation is just cooking the statistics as documented as late as yesterday.
Mike, sounds like sour grapes to me, why don’t don’t you run Creigh Deeds against him next election.
OK Bob, fine; that’s your opinion, but just for kicks, what did I post above that you find to be inaccurate?
Mike has a point. If the economy was doing all that great, Mike wouldn’t be here all day commenting every day of the week.
Thanks Brian, I needed a good snarky comment to brighten my day. 26 hours ago, I was suffering from the 93 degree temperature in South America; now I am cold. Getting back here was fun since airport security seemed to think that I was a terrorist.
Yes, Brian is certainly good with snarky comments; it understanding that he lacks. Another view of Bolling’s role is as follows: “The Commonwealth Institute for Fiscal Analysis is throwing some cold water on Gov. Bob McDonnell’s testimony before Congress that Virginia has created over 55,000 net new jobs since Feb. 2010.
Here’s a snippet: Despite headlines touting the creation of 50 jobs here and 100 jobs there, Virginia has made no real progress in jobs creation since the recession ended in June 2009, according to a report published yesterday by The Commonwealth Institute for Fiscal Analysis, an independent fiscal policy think tank based in Richmond. “We’re right where we were at the official end of the recession,” says Michael Cassidy, President and CEO of The Commonwealth Institute. “We had an employment level of 3.6 million jobs back then and we’re still at that level. We’re in a very large jobs hole in Virginia,” he says, “and we’re going to be in it for some time.”
Factual, not snarky. I guess it will be ignored herein.
You know Mike if we keep up the good work of POTUS and his party we will continue to see unemployment numbers drop. The only problem is when they give a report of unemployment numbers dropping from 9.8% to 9.4%; I guess you could infer they are doing a fabulous job. That’s totally disingenuous though isn’t it! The real rate is closer to 22%, because unemployment numbers reported by POTUS; ARE ONLY THE NUMBER OF PEOPLE GETTING UNEMPLOYMENT BENIFITS, not the actual number of unemployed people. The reported drop of 9.8% to 9.4% is because .4% are no longer receiving benefits, neat trick Huh? Now in Virginia the Federal Bureau of Labor Statistics has Virginia at 6.7% in a report released 1-25-11 compared to 7.2% in May 2010. Bill Bolling is an honorable man, an effective Lieutenant Governor, and he is doing a great job as chief jobs creation officer in the Commonwealth! Without his hard work we could be like Florida where in the same period the numbers went up from 11.7% to 12% in the same time frame.
Mike, if a democrat had the same job performance record I would applaud it. I have voted for asses and elephants over the years based on prior voting record. If someone with a proven solid record of strong performance applied to work at Runnymead and they had an R after their name are they to be scorned or do you evaluate their potential value to your fine organization based on their merits?
I have more D hires than R and among my partners its is a split.. We are all fiscal conservatives though.
The next time Bill is in this area see if you can thank the man for the good will he has spread. We cannot afford to play petty politics in these times and the Lt does good work in a non partisan sphere when luring business.
I guess I touched a raw nerve. I wasn’t talking about the President, nor was I commenting upon Bolling’s political affiliation. My simple comment is that for this administration to imply it is responsible for net job creation is simply not true; further, 80% of job creation comes from local and regional efforts to retain existing companies, and then the rest is basically to attract new companies. Bolling’s role in that is so limited compared to the work that goes on in the regional and city/county economic entities that it is embarrassing to hear him touting his record as if he were responsible. Anyone with a modicum of knowledge and experience knows his attempts to take the credit is absurd.
And if Mike’s proven anything, it’s that he has a modicum of knowledge…
Ha, ha, ha … spoken like a true “Regionalist”. Mike claims:
“80% of job creation comes from local and regional efforts to retain existing companies…”
Baloney.
The jobs come from the companies that create them. Not the “Hampton Roads [fill-in-the-blank] business lobby.
What would be far more enlightening is to discuss the number of highly paid jobs that were lost in the private sector as opposed to the “new jobs” “created” by government – Federal, state, and local government.
Understanding those statistic would shed some true understanding on the condition of jobs comparing the past to the present.
Well actually, yes, thanks Reid for proving my point. Bolling has nothing to do with the largest source of new job generation; the expansion of existing companies where they are currently located. My prose did not convey the exact message I intended, so I appreciate your correction.
Mike your arguments are purely politically motivated, your agenda is to debase a good man. We could talk about Governor’s Kain’s job creation if you like. He created jobs in his administration, go read his budget. His offices expenditures were a 400% increase over Governor Warner. So I guess you could say he was a job creator too.
Mike, you didn’t understand what I was attempting to communicate. That being the “new jobs” in Virginia came largely from the Federal government. They have been busy “insourcing”; converting jobs that were performed by private sector businesses (contractors) into an expanded federal workforce.
Of course this didn’t really result in a “net” increase of jobs, but the Federal jobs “added” are counted as “new jobs”; yet the jobs lost to the private sector are simply “job losses”.
Much of what government did was to protect government. In the private sector businesses shed jobs when their cash flow no longer justifies that labor/staffing.
Government at all levels did not shed the jobs it should have. Neither did Unionized businesses.
Lowering taxes can actually help struggling businesses consider relocating to improve their bottom line. Yet, that isn’t really creating “new jobs”, it is moving jobs from one state to another – is with the relocation of NG headquaters.
I suppose government could claim they had a hand in creating “new jobs” if government contracted with the private sector to have private companies perfrom new services or if government made large orders of products that causes a private company to ramp up their staffing levels to increase production.
At the end of the day, “new jobs” that are sustainable are what are important. New jobs funded by the government borrowing money is not a sustainable job, but it is a way to claim that government “created” a “new job”. But … when the borrowed money runs out, so does the job.
Well Bob, I have no qualms with Bolling if he were a team player, and if he was not politicizing the economic development process. Fact is, he is simply the point man for an administration that issues press releases first, then tries to find the facts. There has has been no net job growth in Virginia, and their attempts to “buy” new jobs with incentives to large corporations, which saying they support small businesses and entrepreneurism, is a smokescreen. Bolling has as much to do with job generation as the man in the moon. Frankly, I would think my views would have some support among the small government, budget conscious folks on this forum, but I guess partisanship trumps reality every time.
Mike doesn’t mind those government “incentive” checks when they come to his company, though.
ROFL.. LOL Mike ROFL.. you said “if Bolling was a team player”.. Dude, there is a new spot open on pmsnbcgecomcast. You could be da man to fill LOLberman’s shoes.
This state has a lot of former governors and Lt governors looking at who we have today saying to themselves “damn, that team is doing one helluva good job.. wish it were me”.
Yeah, maybe so, especially if their research is as deep as J.R.’s.
Hey Mike when you troll the Daily Kos and Huffington Post for facts I bet you like NASCAR too, all left turns!
No offence to NASCAR!
Sorry Bob; never read either one, but I am a soccer fan. That said, I spend most of my time in the company of business types who don’t care on wit about ideology but want to adopt things that work; better schools, improved transportation, systems that get the job done. Suing UVA or claiming credit where credit is not due are not high priorities.
Well Mike there’s hope for you yet, now back to point.
The Governor and Leutanant Governor are focusing their message on pointing out that this isn’t about incentives this is about cutting spending, stream lining government, defending Virginia as a Right to Work state, cutting taxes and decreasing regulation to make this the best place to do business.
Here are the numbers and how they break down:
• Since February 2010, Virginia has added 55,400 net new jobs which is the 4th highest number of new jobs created in any state.
• To put that number in perspective, in 2009 Virginia was ranked 35th in the same category. That is a dramatic turnaround in a short period of time.
• Virginia’s 6.7 % unemployment rate is the third-lowest east of the Mississippi.
• McDonnell/Bolling Administration’s aggressive economic development package has grown jobs and provided economic incentives for new investments, including expansions of existing businesses, in Virginia.
• In the first year of the McDonnell/Bolling Administration, the State of Virginia closed 294 economic development deals, created 17,986 jobs and $2.62 billion in capital investment.
• Those new job-creating deals closed are underway in Pulaski, Waynesboro, Fairfax, Danville, Martinsville, Caroline, Frederick, Shenandoah, Mecklenburg, Campbell, Newport News, Richmond, Radford and localities all around the Commonwealth. Examples include:
? Microsoft announcing the largest economic investment in the history of Southern Virginia
? Fortune 100 company Northrop Grumman moving its headquarters from California to Fairfax
• McDonnell/Bolling Administration is investing in areas of state government that best lead to private sector job creation. Chief among them are: higher education, transportation and economic development. They have been creating an environment conducive to private sector job creation.
• For example, McDonnell/Bolling Administration rejected a $2B tax increase that had been proposed by former Governor Tim Kaine, and balanced the budget by cutting spending by $6B. McDonnell/Bolling Administration opposed anti-business policies like cap and trade and Card Check, while standing firm in supporting Virginia’s Right To Work law, which is critically important to economic development efforts.
• As a result of all these efforts, Virginia was named “the most pro-business state in America” in August by the Pollina Corporation and one of the top two states to in which to do business by CNBC
• LG is actively engaged on these issues, spending almost 100 percent of his time on economic development and job creation. On the Governor’s behalf, he assists with business recruitment efforts, business development efforts and helps shepherd economic development agendas through the legislature.
• LG has personally made phone calls and held face-to –face meetings with over 50 selected companies based in Virginia and elsewhere.
I have been out of work for the last 2 years and at this point I don’t care whether we have Republicans or Democrats in office as long as they can create jobs, private or federal!
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