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Former McCain adviser: GOP budget cuts would cost 700,000 jobs

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Former McCain adviser: GOP budget cuts would cost 700,000 jobs

Post by Guest on Mon Feb 28, 2011 11:30 pm

Mark Zandi, an architect of the 2009 stimulus package who has advised both political parties, predicts that the GOP package would reduce economic growth by 0.5 percentage points this year, and by 0.2 percentage points in 2012, resulting in 700,000 fewer jobs by the end of next year. Evil or Very Mad

http://www.dailykos.com/story/2011/02/28/950991/-Former-McCain-adviser:-GOP-budget-cuts-would-cost-700,000-jobs

Guest
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Re: Former McCain adviser: GOP budget cuts would cost 700,000 jobs

Post by Guest on Mon Feb 28, 2011 11:39 pm

I saw this at Huffington Post and the GOP is saying that the report is incorrect. This coming from Eric Cantor, I believe ... there is a big write up about this over at Huffington.

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Re: Former McCain adviser: GOP budget cuts would cost 700,000 jobs

Post by Guest on Mon Feb 28, 2011 11:47 pm

I have more faith in Mark Zandi. Here is the article in HuffPo:

http://www.huffingtonpost.com/2011/02/28/eric-cantor-dismisses-job-loss-report_n_829336.html

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Re: Former McCain adviser: GOP budget cuts would cost 700,000 jobs

Post by Guest on Tue Mar 01, 2011 9:04 am

"So be it" - Speaker John Boehner on job creation and job losses.

BLeep

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Re: Former McCain adviser: GOP budget cuts would cost 700,000 jobs

Post by Guest on Tue Mar 01, 2011 10:15 am

DesperateInRI wrote:"So be it" - Speaker John Boehner on job creation and job losses.

BLeep

It's amazing how cavalier people can be when it doesn't impact them. MAD

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Re: Former McCain adviser: GOP budget cuts would cost 700,000 jobs

Post by tristen303 on Tue Mar 01, 2011 12:05 pm

My party believes that those public sector jobs are no more then entitlements and a waste and should have never been to begin with. They fully understand the impact of it but are more concerned with reducing the debt limits and spending. Most of America sadly will see it their way and go along with it.
They are starving the beast of revenue and employees; they are who wants to see a government breakdown.

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Re: Former McCain adviser: GOP budget cuts would cost 700,000 jobs

Post by Guest on Tue Mar 01, 2011 12:40 pm

It's not just a Republican thing ... Democrats seemed to have that same thought, as well. While I do support Democrats, I thought it was cavalier of their party how they acted toward passing a Tier 5 in early 2010. I seem to recall there was a lot of resistance among Democrats, which may explain why Nancy Pelosi was so dead set against it.

That was, until the run up to the elections in September. Then, they turned a quick 180. However, I thought it was too late for them to change the minds of voters.

I think I remember telling everyone back on the old UFF forums that the Democrats would end up losing the November elections if they didn't pass a Tier 5 level of unemployment benefits and judging by the outcome, I was correct. While I don't believe it was the single catalyst for the elections, I think it played a major part.

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Re: Former McCain adviser: GOP budget cuts would cost 700,000 jobs

Post by gettheminNOVEMBER on Tue Mar 01, 2011 12:46 pm

kemcha wrote:I saw this at Huffington Post and the GOP is saying that the report is incorrect. This coming from Eric Cantor, I believe ... there is a big write up about this over at Huffington.

The GOP mantra NEVER LET THE TRUTH GET IN THE WAY OF A GOOD STORY!

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Re: Former McCain adviser: GOP budget cuts would cost 700,000 jobs

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