SAN FRANCISCO, CA – On the fifth stop of her statewide jobs tour, U.S. Senate candidate Carly Fiorina today held a press conference at a vacant office building in San Francisco to highlight the devastating effects California’s unemployment crisis is having on individuals, businesses and communities all across the state.
“As part of her Election Year rhetoric, Barbara Boxer has spent a lot of time touting the effectiveness of the economic ‘stimulus’ plan she championed. Meanwhile, more than 2.27 million Californians are out of work and unemployment has increased both statewide and here in San Francisco since the plan’s passage,” said Fiorina. “The increasing amount of vacant office space in San Francisco is symptomatic of the jobs lost as a result of bad government policy championed by Barbara Boxer, and it underscores the economic stimulus plan’s abject failure to meet its stated goal: job creation.”
Since the passage of the economic stimulus plan, unemployment in California has risen from 10.2 percent in February 2009 to 12.4 percent in the most recent report released by the California Employment Development Department. According to research conducted by Jones Lang La Salle, San Francisco’s total office vacancy rate has increased to 17.7 percent in the first quarter of 2010 from 13.2 percent during the first quarter of 2009.
“I come from the real world, and I know that in the real world, economic growth starts with unleashing the talents and energies of California’s workers, small-business owners, innovators and entrepreneurs – not with bigger government,” Fiorina added. “It’s clear Barbara Boxer will not fight for policies that will stimulate real economic growth and private-sector job creation, and that’s why we must replace her this November.”
Fiorina kicked off her statewide jobs tour earlier this month in San Diego to highlight the devastating effects of the job-killing policies Barbara Boxer has supported over the course of her 28 years in Washington. In recent days, Fiorina has made stops in Clovis, Sacramento and Los Angeles to discuss Boxer’s failed leadership and to present to voters her own ideas for supporting real job creation through tax cuts, less regulation and government policies that support small businesses, innovators and entrepreneurs.