Sunday’s editorial in the New Hampshire Union Leader asks, “What, if anything, is the governor going to do for the 200 private-sector workers he personally will make jobless at the start of next year?”
A few excerpts:
Last week legislators essentially outlawed payday lending and title lending in New Hampshire. The industry employs roughly 200 people in the state. All of them will be out of work by Jan. 1. That’s when House Bill 267 takes effect. Gov. Lynch, who ought to know better, has said he will sign the bill.
The 200 employees in the payday and title loan industry will have to find new jobs because they are unlucky enough to work in a field the governor doesn’t approve of. The state has eliminated their jobs, and tough luck to them.
When it comes to making decisions about people’s livelihoods, Gov. Lynch has a history of picking winners and losers based on purely political calculations.
By banning payday lending, Gov. Lynch and legislators in New Hampshire will now have to answer to the 200 employees they’ve put out of work and the thousands of customers whose credit options have been yanked away.
