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Cruise Kansas News
Nixon touts economic growth in KC visit
Tuesday, October 9, 2012 10:48 pm GMT
Incumbent Missouri Gov. Jay Nixon visited Kansas City Tuesday to tout an expansion at Cargill's biodiesel operation but Republican rival Dave Spence denied Nixon's claims that Missouri economy is growing.
Nixon praised Cargill's plan to expand its operation to convert soybeans into fuel and he said it was another example of the growth going on in Missouri.
"When you compare us with other states around us we are growing" Nixon said. He said Missouri's unemployment rate has been under the national average.
The national unemployment rate in August the last month for which state and national numbers are both available was 8.1 percent. Missouri's jobless rate over the same period was 7.1 percent.
Unemployment figures don't include people who have quit looking for work.
Spence has been telling supporters at campaign appearances all over Missouri that he doesn't think the state is growing.
"It is time whether you have an 'R' or a 'D' or an 'I' behind your name to pull together and get something done in our state" Spence said.
The U.S. Department of Commerce said Missouri's economy grew at a slower pace than the national average last year ranking it 43rd among the states in growth.
Nixon countered Spence's argument about slow growth with statistics showing the state created 18000 new jobs last month. Nixon touted deals he struck for expansion at the Ford Claycomo plant and the General Motors plant in Wentzville deals that required the approval of the Republican-heavy Missouri Legislature.
"We worked very hard on this. Of course I had to call them back into special session to get it done. But we've worked to bring this to a completion" Nixon said.
Spence said the tax credits package used in the Ford deal is part of the problem. He said he wants to see tax credits reformed.
Lawmakers may address the issue of whether the state issues too many tax credits when they go back into session next year.
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Tuesday, October 9, 2012 10:48 pm GMTIncumbent Missouri Gov. Jay Nixon visited Kansas City Tuesday to tout an expansion at Cargill's biodiesel operation but Republican rival Dave Spence denied Nixon's claims that Missouri economy is growing.
Nixon praised Cargill's plan to expand its operation to convert soybeans into fuel and he said it was another example of the growth going on in Missouri.
"When you compare us with other states around us we are growing" Nixon said. He said Missouri's unemployment rate has been under the national average.
The national unemployment rate in August the last month for which state and national numbers are both available was 8.1 percent. Missouri's jobless rate over the same period was 7.1 percent.
Unemployment figures don't include people who have quit looking for work.
Spence has been telling supporters at campaign appearances all over Missouri that he doesn't think the state is growing.
"It is time whether you have an 'R' or a 'D' or an 'I' behind your name to pull together and get something done in our state" Spence said.
The U.S. Department of Commerce said Missouri's economy grew at a slower pace than the national average last year ranking it 43rd among the states in growth.
Nixon countered Spence's argument about slow growth with statistics showing the state created 18000 new jobs last month. Nixon touted deals he struck for expansion at the Ford Claycomo plant and the General Motors plant in Wentzville deals that required the approval of the Republican-heavy Missouri Legislature.
"We worked very hard on this. Of course I had to call them back into special session to get it done. But we've worked to bring this to a completion" Nixon said.
Spence said the tax credits package used in the Ford deal is part of the problem. He said he wants to see tax credits reformed.
Lawmakers may address the issue of whether the state issues too many tax credits when they go back into session next year.
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