May 26, 2009 --
Items reviewed: Unemployment, biomass, old-growth ban, stimulus wood, spotted owl, Federal GVW Reform and more
by Rex Storm, Forest Policy Manger
Associated Oregon Loggers,
New Economy=Record Unemployment: There’s been a total failure of liberal claims about Oregon’s so-called, diversified “New Economy”—characterized by high tech, services and tourism. In March, Oregon’s New Economy was shamed with the nation’s worst unemployment rate—12.1%. Oregon’s unemployment is its worst since OR records began in 1947, and matched the early-1980s recession. State economists say the meteoric rise (5-months of a point-per-month climb) is unusual and unexpected. After the 1980 recession walloped Oregon, progressives promoted their New Economy, and said manufacturing, agriculture and forest products were less important economic drivers. As it turns out, the politically-correct high tech, services and tourism failed to save Oregon.
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