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August 19th, 2010

Ringgold County: $17,655 in I-JOBS projects… And $2.8 million in I-JOBS debt

Yesterday, the Culver/Judge campaign launched its “Demand an Answer” campaign with a release highlighting the $17,655 in I-JOBS funding Ringgold County received – on the very day Terry Branstad was there listening to the concerns of its residents.

Find the Culver/Judge release here: http://www.iowapolitics.com/index.iml?Article=207026

However, the total share of actual I-JOBS debt Ringgold County is shackled with equals $2.8 million.

“It’s disingenuous for the Culver campaign to claim Terry Branstad is ‘against’ Ringgold County on a day he is there, meeting with residents of the county, during the exact time when Chet Culver shackles them with a $2.8 million debt mandate from Des Moines.” said Branstad 2010 campaign manager Jeff Boeyink. “This is a continuing pattern of deception and misinformation in which this administration continues to engage. Lobbing press releases and debt from Des Moines is not real leadership.”

Here are the figures:

I-JOBS debt: $1,700,000,000

Iowa Population: 3,007,856 (US Census Bureau, 2009: http://quickfacts.census.gov/qfd/states/19000.html)

Per person I-JOBS debt: $565.18

Ringgold County Population: 4,944 (http://quickfacts.census.gov/qfd/states/19/19159.html)

$565.18 x 4,944 = $2,794,249.92 (approximately $2.8 million)

“Ringgold County residents’ share of the IJOBs debt is approximately $2.8 million over the next 23 years. A high price to pay for $17,655 in road repairs,” concluded Boeyink.

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