When Republicans were running for office in 2010, they called everything Democrats did “job killing” and everything they planned would create jobs. They were lying, of course. That’s what Republicans do best. But some voters believed them. Other voters were mad and stayed home or cast protest votes, and elections do have consequences. We all have to suffer them, even the Republican politicians. They are suffering because they had to come up with a budget, not just say NO over and over again, and the economists are starting to report on that budget. When confronted, Speaker Boehner, AKA Agent Orange, said that, if it costs jobs, SO BE IT! If he repeats it once for each job Republicans kill, he will have to say it 700,000 times.
House Republicans’ $61 billion budget-cutting plan would cost 700,000 jobs, according to a report likely to inflame the debate over the U.S. government deficit.
The measure would reduce real economic growth this year by 0.5 percentage points and by 0.2 percentage points next year, resulting in 700,000 fewer jobs by the end of 2012, said Mark Zandi, chief economist for Moody’s Analytics. He said budget- cutters should wait until the U.S. economy is stronger, saying Republicans “would be taking an unnecessary chance with the recovery.”
“Significant government spending restraint is vital, but given the economy’s halting recovery it would be counterproductive for that restraint to begin until the U.S. is creating enough jobs to lower the unemployment rate,” Zandi said.
The House approved its plan Feb. 19. Democrats who control the Senate have said they wouldn’t accept the reductions.
A spokesman for House Speaker John Boehner, an Ohio Republican, dismissed Zandi’s report… [emphasis added]
Inserted from <Bloomberg>
I does not take rocket science to figure out that, in a demand starved economy, taking away government spending will reduce demand even further. Less demand means leads to less production. Less production results in fewer jobs. Boehner dismisses the report, because he is unable to refute it, and that report does not stand alone as Rachel Maddow reports and discusses with Cornell economist, Robert Frank.
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When Gov. Tom Corbett says “It’s not a conspiracy,” doth he protest too much? Nobody was accusing him of a conspiracy. Why would he even bring it up, were there not something to it? Everything Republicans are doing from Federal to local levels seems designed to make like worse for the American people. They think they can get away with it, because they are counting on the Koch brothers, the US Chamber, and other criminal corporations to buy them the next election by flooding the airwaves with lies that the effects of their own policies are the left’s fault. They will have a huge financial edge. We can’t prevent that. What we can do is to start educating people now so that they know what the Republicans are up to before the blitzkrieg of disinformation next year.
8 Responses to “"So Be It" 700,000 Times”
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And if anyone thinks that this is some biased liberal financial analysis – it should be remembered that Mark Zandi, who warns of the 700,000 job loss, was John McCain’s Chief Economic Adviser during his failed presidential campaign.
And this is the guy Faux Noise describes as a hard core liberal.
The Republicans ARE conspiratorial in their desire to get rid of the President. John Boehner ought to join the ranks of the unemployed, and SOON!
Amen Jack.
Squeeze another 700,000 jobs out of existence and historically they will say “During Obama’s administration X million jobs were lost”…it’s all a part of the plan of attack on this administration and i don’t think it is as much an attack of ideology as i do one of race. The right just flat ass does not like having a black man as president.
Mark that’s an excellent point.
RepubliSpeak Dictionary – Political laundry: separate the whites from the coloreds.
They also are trying to get rid of jobs to put workers in a weaker position in regards to their employers.
Of course, Lib. That’s part of it, and the best way to do that, in their view, is to establish a permanent Republican Regime.