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New Hampshire’s $100 million housing investment, InvestNH, is starting to pay off.

“InvestNH was absolutely critical in allowing more housing to be built,” said developer Jack Franks.

Franks, president and CEO of Avanru Development Group, said InvestNH’s help was key to some of his new affordable housing projects in Newport, Swanzey, and Hillsborough.

“Hillsborough would not have happened,” Franks pointed out.

Polls consistently show housing costs are a top priority for Granite Staters, and many of the state’s employers say housing is one their biggest challenges in attracting quality workers. Using federal ARPA relief funds to get more apartments and homes built, InvestNH is making a difference, though there’s still a long way to go.

“This crisis is not going to be solved overnight, but we are working with local leaders to get them the resources they need to match housing needs in their community,” said Department of Business and Economic Affairs Commissioner Taylor Caswell.

Administered by the BEA, InvestNH has already impacted more than 4,657 new housing units throughout the state, according to Caswell, with more to come.

BEA worked through InvestNH to create a capital grant program to fund the development of affordable housing; a demolition program to assist municipalities in preparing for or addressing housing challenges and project developments in older dilapidated properties; a per-unit incentive grant program that awarded municipalities $10,000 per unit of approved affordable housing, and the Housing Opportunities program, which assisted 67 communities to review and develop planning and zoning strategies to facilitate appropriate housing in their towns.

“The goal with these one-time funds has been to help accelerate affordable housing units getting to market and setting the stage for more private investment in affordable housing statewide by providing incentives and resources to local communities,” Caswell said.

BEA used InvestNH to fund: $64 million for the Capital Grant program that impacted 1,605 new units; $16.2 million for the Per Unit Grants program that impacted 1,910 units; $11.5 for the Demolition Grants program that impacted 2,302 units; and $7.9 million for the Housing Opportunity Planning Grants program that went to 67 communities throughout the state.

BEA’s new state Housing Champions program will soon be able to continue the InvestNH programs, thanks to state general funds totaling $15 million.

Even with InvestNH, New Hampshire has a vacancy rate of around 1 percent or less, according to Franks, leaving Granite Staters to pay more for rent or looking out of state for a decent home they can afford.

“It’s beyond critical mass at this point. It’s at absurdity, the amount of housing that’s needed in the state,” Franks said.

Of his three new developments, two were fully rented soon after opening. Both the Swanzey and Newport apartment projects now have waiting lists, and the Hillsborough development is taking applications now.

The biggest obstacle to building more affordable housing that Franks encounters are the sometimes redundant and contradictory local regulations that slow construction, or stymie projects altogether. Franks hopes incoming Gov. Kelly Ayotte will work to streamline those regulations and cut the red tape that make the housing crisis worse. 

Ayotte told NHJournal she’s ready to help.

“Tackling New Hampshire’s housing crisis is a key priority for my administration — we need more housing for our workforce, our seniors, our families, and every community across our state,” Ayotte said. “As Governor, I’ll work to streamline the state permitting process, cut unnecessary red tape that creates barriers to construction, and bring stakeholders together to discuss how we can incentivize construction of more affordable housing while respecting local control. Working together, we’ll keep New Hampshire moving in the right direction.”

House GOP members say their new plan to cut taxes will help Granite State families thrive. Democrats denounced the tax cut plan as a $350 million corporate giveaway.

Familiar battle lines were drawn in Concord on Tuesday when Rep. Joe Sweeney (R-Salem) presented the GOP’s Consumer Tax Relief Act to the House Ways and Means Committee, calling it a “beacon of hope” for New Hampshire’s struggling businesses and communities.

“(This is) a crucial piece of legislation that not only reflects our commitment to fiscal responsibility but also addresses the pressing needs of Granite Staters in these challenging economic times,” Sweeney said. “Month after month, Granite Staters are grappling with the rising expenses that are stretching their budgets to the breaking point. In these times, when factors beyond our control are making life harder for our people, it is imperative that we take decisive action to provide relief where we can. One of the most effective ways we can do this is by cutting taxes here in New Hampshire, and that is precisely what the Consumer Tax Relief Act aims to achieve.”

The bill reduces the Business Profits Tax rate by 0.1 percent a year from 7.5 percent to 7 percent by 2030. It takes a similar approach to the Business Enterprise Tax rate, lowering it from 0.55 percent to 0.35 percent over the same period. It also cuts the Meals and Rooms Tax rate from 8.5 percent to 6.0 percent by Fiscal Year 2027.

And the proposal would also phase out the Communications Services Tax Granite Staters pay on their “two-way communication services” (wireless services and cellphones), which are currently taxed at seven percent. Under Sweeney’s proposal, the tax would be reduced over time and eventually eliminated by 2027.

House Democrats released a statement Tuesday claiming the tax cuts only benefit “multinational corporations” and would lead to defunding critical services like the Department of Safety, the Veterans Homes, Child Protective Services, and Community Colleges. 

Rep. Susan Almy (D-Lebanon) pushed Sweeney about the economic impacts, saying the tax cuts would be a disaster for state government agencies that rely on the funding.

“Do you understand what this does to the state government, which is suffering from the same inflation everybody else is?” Almy said.

The tax cuts would have a net positive impact for everyone, Sweeney countered. Cutting the business taxes would lead to more business investment and economic growth. Eliminating the Community Services Tax and cutting the Rooms and Meals tax will make New Hampshire more competitive with Massachusetts and foster more economic activity. Overall, the cuts will help generate more tax revenue for the state by boosting economic activity, he said.

“We’ve seen successful tax cuts in New Hampshire increase revenues,” Sweeney said.

New Hampshire’s GOP-controlled legislature already cut business taxes, and it is in the process of phasing out the state’s last remaining income tax — a tax on interest and dividends income. Sen. Dan Innis (R-Bradford), who led the charge to end the interest and dividends tax, wants caution exercised with any tax cut proposals.

“We have to be careful this year with what we want to do,” Innis said.

New Hampshire’s generally strong economy is showing some soft spots, Innis warned. Revenue may not be where it was a few years ago and there are early signs that could be trouble. For example, the real estate transfer tax might be lower than in previous years due to the restrictive housing market, he said.

New Hampshire weathered the economic turbulence created by the COVID pandemic, coming through with higher than anticipated revenues and a healthy rainy day fund, Innis said. Voters expect Republicans to be responsible with their money.

“I support cutting taxes where possible, but it’s a balancing act,” Innis said.

Sometimes, that means returning taxpayer money to help spur economic activity, and sometimes, that is deferring spending on big-ticket projects, Innis said. A $40 million proposal for municipal roads and bridges may need to wait, he said, especially after the state provided funding in the last session.

“We want to provide that support if we can,” he said. 

It may be the holiday season, but New Hampshire households aren’t singing “Hallelujah” over the state of the economy under President Joe Biden.

Thanks to rising prices, high interest rates, and gasoline hovering above three bucks a gallon, Granite Staters say their household budgets are hurting. In the new BIA Report on Consumer Confidence, conducted by the University of New Hampshire Survey Center, 46 percent said their household family condition was worse off than a year ago, while just 15 percent said it was better off.

That 46 percent number is nearly twice as high as March 2021, just after Biden took office (24 percent). UNH polling director Dr. Andrew Smith said inflation is the culprit.

“Inflation just permeates across the entire economy, and it hits lower-income people hardest,” Smith said.

According to the survey, 55 percent of Granite Staters with an annual household income below $75,000 said they were worse off than they were a year ago, as compared to 37 percent of those earning $150,000 or more.

“And more than two-thirds (69 percent) of those with a household income below $75,000 say they struggled a lot in the past twelve months to afford basic necessities like food, clothing, and electricity,” according to the UNH survey.

That starkly contrasts the “Bidenomics” message from the White House and from Democrats who gathered for the state party’s Eleanor Roosevelt fundraising dinner Friday night.

“President Joe Biden has an incredible track record of success,” said U.S. House Minority Leader Rep. Hakeem Jeffries (D-N.Y.). “Under President Joe Biden, wages are up, inflation is coming down, and more than 14 million private-sector jobs have been created.”

In August, Rep. Annie Kuster cheered how “congressional Democrats and President Biden took action to lower costs, strengthen the workforce, and get our economy back on track.”

According to the survey, that is not the view of most Granite State residents, and Gov. Chris Sununu said he wasn’t surprised by the numbers.

“The national inflation crisis is real and has hit everyone hard. Whether it’s buying a car or home or just managing credit card debt, people across this country are suffering because of bad policies driven by the Biden administration. Elections can have terrible consequences, and families across the country are now feeling the financial pain,” Sununu said.

“Luckily, in New Hampshire, we offset the challenges of inflation by not adding additional unnecessary tax burdens to our citizens. That approach is exactly why New Hampshire continues to lead the country through such tough economic times.”

Even as New Hampshire’s economy grows, the record high housing costs are a major contributor to the financial squeeze felt by all, said Michael Skelton, President and CEO of the BIA.

“New Hampshire’s strong economy continues to provide great opportunities for workers,” Skelton said. “But the scarcity of housing continues to keep rent and home ownership difficult for many, especially those with moderate to low incomes. The high cost of housing also makes it more difficult to pay energy costs in New Hampshire, which are among the nation’s highest. These remain top issues for our elected leaders to tackle to expand prosperity.”

Democrats argue that, with inflation closer to 4 percent than the 9 percent it hit last year, the problem has been solved. Smith said that misses a key part of the story.

“Prices aren’t declining; they just aren’t going up as fast as they were before,” he said.

Increasing interest rates to slow inflation made matters arguably worse. High interest acts as a ratchet on the economy, Smith explained. High rates mean people are spending more to borrow for cars homes, and even pay off credit card balances. Those added interest payments mean people have less to spend on basics.

Smith said that high interest rates, unaffordable homes, and expansive gasoline are all reminiscent of the economic malaise of the 1970s.

“That wasn’t a pleasant time.”

Republicans running in the First in the Nation presidential primary say they are hearing these concerns from Granite State voters firsthand. They argue the solution starts with a change at the top.

“In January, Granite Staters have the chance to reverse Bidenomics and elect Nikki Haley to be our nominee. She’ll unleash American energy and create an economic revival across the nation,” said Haley spokesman Ken Farnaso. “She’ll lower costs, cut taxes, and put more money into our wallets. With Nikki on the ticket, America is one step closer to making Joe Biden a one-term president.”

DeSantis spokeswoman Lindsey Curnette says DeSantis is focused on lowering energy costs which will have a major impact on inflation.

“Ron DeSantis has a detailed plan to restore American energy dominance. He will crush Bidenomics and support working Granite Staters by unleashing oil and gas exploration and development, pipelines, and infrastructure on day one.”

Hey, big spender! As New Hampshire’s economy booms, more people are going out to eat — and leaving some of the best tips in the country on the table.

A new report from Toast, a company that markets point-of-sales tablets for the restaurant industry, puts Granite State diners in fifth place when it comes to generous tipping, the highest in New England and tied with Ohio and West Virginia. New Hampshire residents average 20.6 percent tips on their total bills when they dine out or order in.

Tom Boucher, CEO of Great NH Restaurants, the company behind the Copper Door and other eateries, said his servers are definitely getting at least 20.6 percent. That is good news for the tipped employees who rely on the income, he said.

“We’re above [20.6 percent] for sure,” Boucher said. “Our tipped employees are making more than 20 percent.”

Servers have been seeing bigger tips as restaurant tabs have risen since the start of the COVID pandemic and surging inflation. Mike Somers, CEO and president of the New Hampshire Lodging and Restaurant Association, said industry costs have been climbing for the past few years. Food prices, energy prices, and labor costs are all higher, and they are impacting diners’ bills.

“Every time the menu prices increase servers would see the increase anyway,” Somers said.

But Somers said he also believes the pandemic changed people’s behavior when it comes to tipping. Customers gained a new appreciation for the service offered during COVID-19 and showed it with more generous tips. Somers added the trend has continued.

“People were tipping 20 percent or better as a general rule, and, anecdotally, folks maintained that tipping,” he said.

Not all the news is good, however. New Hampshire restaurants find themselves in a difficult moment, Somers noted. Inflation is still climbing and the labor supply remains tight. They are cutting into profit margins and pushing up menu prices even more. January’s surprisingly hot jobs market was driven in large part by the restaurant and hospitality industries, which added nearly 100,000 jobs in a single month. But the industry is still about 500,000 jobs below pre-pandemic levels and labor shortages remain.

So far, consumers are still spending — and tipping. But how long will that last?

Somers is cautiously optimistic.

“Our members were busier through the winter than we had anticipated. That’s very encouraging for spring and summer, which are typically our busiest seasons,” Somers said.

Boucher isn’t seeing any slowdown at his establishments. The New Hampshire economy is expanding, he said, especially in the southern portion of the state. 

“Our sales are robust at all locations,” he said.

Large developments in Salem, Nashua, Londonderry, and Bedford are bringing more people into the state, and those people are going out to eat, he said.

“People are feeling pretty bullish in southern New Hampshire,” Boucher said.

People tip based on the food, the atmosphere, and the service, Boucher said. It is rare for a customer to undertip at one of his establishments unless there was a problem. Otherwise, New Hampshire diners leave solid tips.

Generous tipping may be an indicator of how people feel about their own finances and may be a sign of overall economic strength. New Hampshire has the strongest economy in New England, and it is the only state in the region to make the top 10 list of generous tippers. 

On the other end of the economic spectrum, California — with an economy that has been slipping toward recession —  has the worst tippers in the country, paying out 17.5 percent tips on average.

Washington state, amid a recession, ranks 49th on the list of tip averages, leaving 18.2 percent. Floridians are the third cheapest tippers, but restaurant insiders say that could have more to do with the state’s elderly population than its economy.

“Old farts don’t tip,” one former restaurant manager told NHJournal. “When the blue hairs show up, tips go down.”

Women in New Hampshire’s GOP are getting a boost from the Republican State Leadership Committee, a national organization throwing its support behind women candidates in State House races up and down the ballot. 

“The RSLC is encouraged to see so many women candidates running in state legislative races who will effectively represent their communities in Concord and advance commonsense policies to counteract Joe Biden’s failed agenda,” said RSLC National Press Secretary Stephanie Rivera.

The RSLC has so far spent $500,000 to help send women and others to Concord this election cycle. According to Rivera, 27 percent of the Republicans running for the House this year are women, as are 26 percent of the GOP Senate candidates. Betting on Republican women is a safe wager, she said.

“In the State House, 51 percent of Republican women who ran in 2020 won their campaigns. In the Senate, Republican women had a 55 percent success rate,” she said.

According to Rivera, the RSLC’s Right Leaders Network is leading the effort to grow the Republican Party through the RSLC’s Right Women Right Now and Future Majority Project initiatives. The committee is focused on recruiting, training, supporting, and electing thousands of diverse state Republicans across the country.

New Hampshire is a key state for both Republicans and Democrats, as the national parties are looking to gain a foothold in state legislature races. The Democratic Legislative Campaign Committee (DLCC) is targeting legislatures in New Hampshire, Michigan, and Minnesota, pumping money and resources in an effort to turn all three state legislatures blue.

“We know what we’re up against, but we are making a play to undercut GOP power in the Michigan House and Senate, the Minnesota Senate, and the New Hampshire House and Senate,” DLCC President Jessica Post said on a conference call with reporters Tuesday.

It makes sense for the national GOP to invest in New Hampshire races, according to Rivera, as the GOP leadership in Concord has proven successful in handling the economy and the COVID-19 pandemic, and voters are looking to continue that success.

“New Hampshire has the best economy in the New England region and the second lowest unemployment rate in the country because the Republican-controlled Legislature has made the economy a top priority by passing a historic state budget that includes $171 million in tax relief for working families and small businesses, cuts taxes for retirees, and reduces property taxes by $100 million to provide relief. This diverse slate of candidates will help Republicans hold both chambers in the Granite State to continue this record of success,” Rivera said.

Democrats have been leaning heavily on abortion as an issue to motivate their base. They’re spending big money on ads attacking GOP Gov. Chris Sununu for signing a law that bans abortion after 24 weeks, or six months, of pregnancy. Sununu’s challenger, Sen. Tom Sherman, D-Rye, is using abortion as a major campaign plank, arguing against any restrictions on abortion.

“I would want to put in place Roe v. Wade in the state of New Hampshire,” Sherman said. “New Hampshire does not want the state in between a doctor and a patient, especially on such an intensely private issue.”

The issue may play with well Democratic donors, but not even New Hampshire Democrats support unrestricted abortion through all nine months of pregnancy. A St. Anslem College poll taken in August found about a quarter of Granite State Democrats support some limits on abortion, as do about 70 percent of the general population.

Rivera said New Hampshire voters, especially women voters, see the GOP as having the answer to issues like out-of-control inflation, soaring energy costs, and the price of food.

“Just like all voters in New Hampshire, women are pleased with the job being done by the Republican trifecta in Concord to push back against Joe Biden’s inflation with tax cuts that put more money in the pockets of working families,” Rivera said.

Granite Staters will get help this winter paying for heat and electricity after the legislature passed a $42 million plan to fund energy assistance for the middle class. 

“New Hampshire just delivered the largest energy relief package this state has ever seen, helping families in need this winter – using our state surplus funds,” said Gov. Chris Sununu as he signed a bill passed during the “Veto Day” session Thursday.

Democrats, on the other hand, used the news to repeat the debunked claim that Sununu is responsible for setting the state’s utility rates.

“The legislation the House just passed is critical to helping Granite Staters affected by Governor Sununu’s record electric rate hikes this fall,” said House Democratic Leader David E. Cote (D-Nashua).

Utility rates are set by the independent Public Utilities Commission.

Partisan rancor ahead of the midterm elections was not enough to prevent the legislature from enacting utility relief at a time when energy costs are soaring in New Hampshire and nationwide. The 12-month inflation rate is currently 15.8 percent for electricity and 33 percent for natural gas.

The new law uses surplus New Hampshire state budget funds to expand energy assistance this year, allowing middle-income New Hampshire residents to qualify for aid. Previously, the aid was only available to households earning up to 60 percent of the state median income. Lawmakers expanded eligibility to families earning up to 75 percent of the median, who can now apply for up to $450 in heating assistance and another $200 in electricity assistance.

Sununu originally wanted to use $60 million in surplus funding to send every home $100 in energy assistance, but that plan was rejected by lawmakers who came up with a more targeted proposal.

“That seems like a meaningless political gesture to me,” Rep. Steve Smith (R-Charlestown), said of Sununu’s initial plan.

Instead, lawmakers passed their proposal that will use $25 million on emergency fuel and electric assistance, $10 million on aid for electricity bills, and $7 million on an electric assistance program. The state’s surplus will be at around $120 million after the assistance is paid out.

Rep. Marjorie Smith (D-Durham) said the bill is not a long-term solution to high energy prices in New Hampshire, but it will help.

“Maybe it’s just a band-aid, but if you scrape your knee a band-aid helps,” she said.

House Speaker Sherman Packard (R-Londonderry) said not only will the bill help people pay for heating this winter, but it does so in a responsible manner.

“The fiscally responsible leadership of the General Court of New Hampshire has produced a budget surplus which allows us to create this one-time emergency relief package that will help offset rising fuel and electric costs this winter,” Packard said. “This bill provides direct relief to those in need and reduces the anticipated burden placed upon municipal welfare programs – a cost that would otherwise be passed along to property owners at the local level. We believe these surplus funds will alleviate some of the financial pressure for NH families who would otherwise not qualify for existing assistance programs. By coming together today, we chose New Hampshire citizens over party politics.

House Majority Leader Rep. Jason Osborne (R-Auburn) blamed President Joe Biden and members of New Hampshire’s federal delegation for making inflation worse.

“Due to no fault of their own, many Granite Staters who have not previously needed assistance may find themselves unable to pay their bills this winter and do not qualify for the federal assistance programs. We want to ensure those people have some help,” Osborne said.

New Hampshire Democrats, however, point the finger of blame for rising utility costs at Sununu.

“New Hampshire has become an outlier in New England with record rate increases because Gov. Sununu has consistently rejected efforts to increase energy efficiency and production of renewable energy,” Cote said. “Granite State families cannot afford the 50 percent increase that will hit them this fall, and this bill provides temporary relief for lower-income households that are ineligible for existing programs.”

In fact, New Hampshire currently has the second-lowest electricity rates in New England and historically had lower rates than Massachusetts.

The legislature also failed to override any of Sununu’s eight vetoes.

Call it the Granite State Grind.

A new study finds New Hampshire residents are the hardest working in New England, though resulting wage gains are not keeping pace with inflation. 

According to findings from the data analysts at WalletHub, New Hampshire ranks ninth in the nation on Labor Day 2022, the only New England state ranked in the top 10. The hard work is evident in New Hampshire’s economic output, which ranks near the top of all 50 states in terms of growth and low unemployment.

Vermont is ranked number 26; Maine at 30; Massachusetts at 44; Connecticut at 45; or Rhode Island all the way down at 49, between New York (48) and New Mexico (50).

North Dakota, Alaska, and Nebraska are at the top of the list.

The WalletHub study looked at data points like average workweek hours, the share of workers with multiple jobs, and annual volunteer hours per resident. Massachusetts, Vermont, and Rhode Island rank near the bottom in terms of average hours per week.

Vermont and Connecticut rank near the top for average leisure time per day. Massachusetts, Vermont, and New Hampshire also have the lowest rates for idle youth in the study.

There are challenges ahead for New Hampshire employees and employers. According to a report by the New Hampshire Fiscal Policy Institute, despite a strong recovery from the COVID-19 economic crash, a critical labor shortage remains.

“Job growth in the last two years has been much faster than originally expected, mirroring other rebounding indicators of a strong economy, in large part due to swift federal policy action to provide both relief and financial support for the recovery,” the NHFPI report stated.

While the current strong economy means better pay and conditions for workers, those same workers are now paying more for food, energy, childcare, and housing.

“However, many Granite Staters find themselves struggling with rising housing costs, limited childcare options, and significant increases in living costs due to inflation as these key pandemic-related programs wind down or near their expiration. Among families with low and moderate incomes, and particularly those in rural areas of the state, these challenges have become even more pronounced,” the NHFPI report states.

According to a report in the New Hampshire Business Review, wages are up in the Granite State as the country recovers from COVID, thanks in part to the labor shortage creating supply and demand pressure that favors labor.

“Overall, hourly wages increased by $1.38 an hour annually, though they actually went down slightly from April by 11 cents. However, education and healthcare workers averaged $34.84, an annual increase of $3.12. Leisure and hospitality workers average $20.02, a $2.12 increase,” NHBR reports.

Still, a growing number of low to middle-income Granite Staters are working multiple jobs and are unable to keep up with inflation, according to the NHFPI report.

“Rising inflation has made making ends meet and paying for usual household expenses more difficult for individuals and families in New Hampshire,” the report states.

Consumer prices increased nationally by 9.1 percent between June 2021 and June 2022, the largest 12-month increase in inflation since December 1981, with energy prices increasing 41.6 percent from the prior year, according to the NHFPI report.

Even though wages went up due to the labor shortage, the raises are not keeping pace with the record-setting inflation.

“While nominal wages did increase during the same period, the average inflation-adjusted private-sector hourly wage in New Hampshire was 2.6 percent lower in July 2022 compared to July 2020. When price increases outpace wage growth, the purchasing power of consumers falls and financial pressures increase,” the NHFPI report states.

Gasoline prices have soared since President Joe Biden took office, setting new records with an average national price above $5 a gallon. Biden and his fellow Democrats, including Sen. Maggie Hassan and Rep. Annie Kuster, blame oil companies and retailers for “price gouging.”

While gas still costs twice as much as it did when Biden was sworn in, the price has been steadily falling for a month. The New Hampshire average on July 17 was $4.55 and the national average was $4.53. Some stations are selling gas below $4 a gallon for the first time since February 2022.

Did Biden’s bullying work? Or has the supply of gasoline recently surged? What is behind the declining prices?

“Honestly, I can’t figure it out,” said Phil Abirached, owner of the Metro Mart Exxon gas station and convenience store in Derry. “I just dropped it another 30 cents a gallon to $4.29, today,” Abirached said on Friday. “It’s mind-blowing. I don’t know why it’s going down 10 cents to 20 cents every day.”

While gas prices are now falling sharply in New Hampshire and across the country, it does not seem to be because of Biden. For example, his recent fist-bumping trip to Saudi Arabia failed to get the oil-rich nation to significantly increase its oil production. 

The reason the price of unleaded gasoline has come down from a high of more than $5 a gallon a month ago to around $4.50 throughout the state is basic economics, experts say: Less demand today, and fears of a recession tomorrow.

“It’s changing, because people are driving less, that’s the big reason behind it,” said John Dumas, former president and CEO of the New Hampshire Grocers Association. “It’s supply and demand, that’s really all it is.”

Chris Ellms, New Hampshire’s Deputy Energy Commissioner, said there is now about as much refined gasoline available for the market as before prices soared. The falling prices are mostly tied to supply and demand.

“No national energy policy changes have led to the decreases we’ve seen recently, not for natural gas or oil production,” he said.

Global issues like the war in Ukraine, higher interest rates, and a stronger dollar, are all factors. But the available gas supply is largely unchanged. When consumption slows down, so do prices.

“A lot of the issues we have been seeing are related to a big spike in demand coming out of the COVID pandemic,” Ellms said. “There was a lot of demand without a corresponding rise in the supply. It’s really a supply and demand connection.”

It was certainly not local gas stations artificially raising prices, despite Biden’s claims. Most gas stations in New Hampshire are small, locally-owned businesses like Abirached’s store in Derry. Far from pushing higher prices, according to Jeff Lenard at the National Association of Convenience Stores (NACS), higher gas prices drive down local businesses’ profits. That is because stations cut into their own profits in an attempt to soften the price-hike blow.

And gasoline has never been the primary profit center for these businesses.

“Convenience stores, which sell an estimated 80 percent of the fuel purchased in the U.S., rely on in-store sales, not fuel sales, to drive profits,” according to a statement from the NACS. “But high gas prices are hurting customer traffic in stores and ‘basket’ size: Nearly half of all retailers (49 percent) say that customers coming inside the store are buying less compared to three months ago when gas prices were $1.50 a gallon lower.”

And yet New Hampshire elected officials continue to point the finger at the petroleum industry and local retailers. Both U.S. Reps. Annie Kuster and Chris Pappas are still pushing a so-called “anti-price-gouging” bill that would allow the federal government to declare an energy emergency and set prices for fuel.

Multiple investigations by both Republican and Democratic administrations have found no evidence of widespread price fixing for gasoline.

Meanwhile, The Washington Post reports economists fear another gas price spike could be coming this fall.

“Economists across the ideological spectrum warn that the measures the White House is promoting— allowing Russian oil into the global market at reduced prices, taxing oil company “windfall” profits, cutting the federal gas tax—could ultimately aggravate the energy crunch in the United States rather than ease it,” the paper reported. And, it said, when the most serious sanctions on Russian oil take effect later this year, the price of gasoline could surge above $6 a gallon.

Could the U.S. offset the impact by adding to global supplies? According to Reuters, the U.S. does not have the capacity to increase the supply by drilling more oil and gas.

“Capacity for U.S. oil refiners fell in 2021 for the second year in a row, the most recent government data showed (last month), as plant shutdowns kept whittling away on their ability to produce gasoline and diesel,” the news agency reports.

In the end, the price at the pump both reflects and influences the overall economy. Abirached said.

“We all became very aware of where we’re going and where [the economy] is heading. People are asking if it’s worth even turning the car on.”

First “Big Pharma.” Then “Big Oil.” Now…”Big Tampon?”

On Monday, U.S. Sen. Maggie Hassan sent a press release headlined, “Following Reports of Tampon Shortage, Senator Hassan Calls on Major Tampon Producers to Increase Supply.” It’s part of her “work to hold corporations accountable for unfair price increases and address shortages.”

Except, like her allegations about oil companies manipulating gas prices, Hassan’s claim of price-gouging by the feminine hygiene industry is unfounded.

“Access to menstrual products should be treated like every other essential good. At the beginning of the pandemic, price gouging of essentials like toilet paper, cleaning supplies, and hand sanitizer was rightly criticized as an exploitation of an emergency for financial gain. Menstrual products should receive that same consideration,” Hassan wrote in a letter to the CEOs of Procter & Gamble, Edgewell Personal Care, Kimberly-Clark, and Johnson & Johnson.

Hassan’s accusation of “unfair price increases” does not appear to be supported by the facts. Instead, “supply chain issues and historically high inflation have affected all manner of goods,” Axios reports, including tampons. COVID drove up demand for plastic and cotton to make personal protective equipment, both key materials for making feminine hygiene products.

And, like much of the shortages seen over the past couple of years, COVID-related supply chain issues are having an impact as well. Shipping costs to move material and products have also gone up as diesel fuel prices continue to climb. Add to that the ongoing labor shortage many companies are experiencing.

Then there is the impact of Russia’s invasion into Ukraine, constraining the normal supply of fertilizer used to grow cotton, further exacerbating supply issues. The price of raw cotton is up more than 70 percent.

And there is another twist Hassan doesn’t mention: Amy Schumer.

Procter and Gamble spokeswoman Cheri McMaster told Time that part of the blame belongs to comic Amy Schumer. She stars in a series of commercials for their products that have been wildly successful. “(R)etail sales growth has exploded,” McMaster told Time.

As the demand went up more than 7 percent, Procter and Gamble started running its Maine plant 24/7 to try and keep up. The industry says it is looking for ways to increase production.

“While the tampon shortage is part of a larger supply chain issue, price-gouging essential products is an unacceptable response,” Hassan said — without providing any effort of gouging.

“We understand it is frustrating for consumers when they can’t find what they need,” a P&G spokesperson told CNN. “We can assure you this is a temporary situation.”

In her tampon shortage press release, Hassan also pointed out she “led legislation to require a federal investigation into reports that Big Oil was artificially raising gas prices, and follows Senator Hassan’s previous calls for additional actions and updates regarding the FTC’s oversight of anti-consumer trade practices in the oil and gas industry.”

Hassan’s claim that oil companies have manipulated gas prices has been repeatedly investigated and dismissed by both Democratic and Republican administrations.

Political observers say what’s really at play is giving Hassan another way to motivate women voters, particularly young women who tend to vote Democrat and also tend not to show up in midterm elections. Hassan had campaigned aggressively on the abortion issue, which she refers to as a “women’s health” issue, advocating abortion without limits up to the time of birth.

Interestingly, one word that doesn’t appear anywhere in Hassan’s “tampon shortage” letter or press release?

“Women.”

(To be fair, the progressive phrase “people who menstruate” didn’t appear, either.)

Hassan said she is giving the CEOs of personal hygiene manufacturers until June 17 to come up with a solution.

Voters are giving Hassan until Election Day.

Well, well, well, look who finally figured out how to have babies. 

Granite Staters have been gettin’ busy, with the highest birth rate increase in the entire nation according to new data from the Pew Trusts. The Granite State saw a seven percent increase in babies born in 2021 compared to 2019.

Lockdowns, amirite?

Let me be the first to say to all you new parents out there, from the bottom of my heart: Ha. Ha.

Your life is over. Kaput.

Some starry-eyed optimists might see all those little rug rats as good news. Take Gov. Chris Sununu, for example.

“We’ve long known New Hampshire is the best state in the country to live, work, and raise a family,” said Sununu. “This latest study reinforces that, highlighting that people are moving to New Hampshire to start a family because of our low taxes, high quality of life, and safe communities.”

So says the amateur with three kids.

As a father of 10 (Yes, I’m Catholic. Why do you ask?), let me tell you that being a new parent in 2022 is gonna be terrible.

I don’t feel bad for any of you. I’ve been doing my part for years to keep up the state’s population while the rest of you slacked off. You were all getting dogs and going hiking and starting microbreweries and binge-watching Bridgerton, blah, blah, blah. We were the schmoes changing diapers and pushing double strollers and driving vans with four car seats crammed in them.

Then, because you ran out of shows on Netflix, you decide to have a kid.

Suckers.

The pandemic/inflation/Ukraine/supply chain/BigFoot issues have made regular life hard enough, but parenting? I mean, I can buy dog food. Maybe not my guy’s regular brand all the time, but he eats. You poor saps with infants have to stand in the Costco parking lot in the middle of the night to meet your black-market baby formula dealers.

And it’s not like it gets easier when they get older. They keep eating! Their whole lives! And you’re supposed to pay for it for some reason!

Get to a grocery store and see. You’re paying $8 bucks a pound for bologna — and not the good kind. Milk might as well be diesel. And bananas are what? $10?

Forget the visions you might have of being a soccer mom or a Little League dad. Gas is $5 a gallon now. Imagine how much you’ll be paying in seven or eight years. How are you going to get to all of those practices? Hopes and dreams? Heck, by then you’ll be willing to sell the kid just to afford to get to work.

Maybe you can shell out $80,000 for an imaginary electric minivan. You know, one of those green cars that magically reduces carbon by getting all its energy from the electric grid that runs off coal and oil. Hope it’s not one of the exploding models.

New Hampshire does have lots of affordable housing options for young families, though. Just head to the nearest state liquor store and you can pick up all the cardboard you’ll need for the night.

But what about schools when your little tyke is ready? The good news is New Hampshire has some of the best public schools in the country. When they’re open. Otherwise, you can get free Wi-Fi at your public library with the Chromebook your teacher will hand out for remote learning. You’ll need it for the next monkeypox outbreak.

I bet you thought you were done doing fractions, huh. Think again. You’re the teacher now, and it somehow pays worse than a real teacher’s salary.

Maybe you’re ok doing all the educating of the kids while simultaneously paying property tax on your cardboard shack. Maybe you’ve heard how politically radical our teachers have become. Well, relax. No more than half of the members of the NH NEA are Marxists.

The rest are committed Trotskyites.

But don’t worry, the good folks in the House Freedom Caucus have a plan to fix education. They are going to secede everything in New Hampshire from the Union except for the public schools. Those will become part of Massachusetts. I don’t know what that will fix, but then again I never read Ayn Rand, so what do I know?

All kidding aside, New Hampshire’s baby boom is great news for every new parent, and it’s pretty good news for the rest of the Granite State, too. Choosing to have children is a bet on the future, a sign of your belief that living here is pretty good and it can get even better.

Which may explain why the birth rate in New York fell by 5.5 percent.

Live free or die!