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Leader Cantor Statement on Republicans' FY 2012 Budget Resolution

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Post by Guest Tue Apr 05, 2011 2:51 pm

"In order to increase America's competitiveness, our budget calls for lower tax rates on businesses and families. We must also broaden the tax base and remove special interest loopholes. As such, our budget calls for fundamental tax reform, a key ingredient to get this economy growing and working again. Make no mistake, this budget is a pro-growth budget that will allow Americans to do what they do best - compete and lead. According to an analysis from the Heritage Center for Data Analysis, our budget will create 1 million new private-sector jobs next year and bring the unemployment rate down to 4 percent by 2015."

http://majorityleader.house.gov/newsroom/2011/04/leader-cantor-statement-on-republicans-fy-2012-budget-resolution.html

So this budget may pay off in 2015, but there is something very wrong with the math. Leader Cantor claims the new budget will create 1 million jobs and lower the unemployment rate to 4% in 3 years. I don't get it! There are 15 million unemployed Americans now, not counting the 99ers and the fudged unemployment rate is 8.8%. Adding a million jobs will decrease the number of "counted" unemployed to 14 million. How does that equate to a 4% National Unemployment rate? How many "99ers" will there be 3 years from now? Just doesn't make sense to me, but then again, math wasn't a strong subject for me.
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Post by Angelicrisis Tue Apr 05, 2011 3:00 pm

Ever heard of FEMA camps, and those coffins?....BUDGETED!! Evil or Very Mad

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Post by Guest Tue Apr 05, 2011 3:03 pm

Angelicrisis wrote:Ever heard of FEMA camps, and those coffins?....BUDGETED!! Evil or Very Mad

Looks like that is where we are headed.

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Post by JoanB Tue Apr 05, 2011 3:55 pm

They could always bring back slavery. That would technically lower the unemployment rate. You know, I believe that if they thought they could actually pull it off, they'd try it.

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Post by Angelicrisis Tue Apr 05, 2011 4:20 pm

Looks like they've been working on it for a while. Police state and Martial Law anyone?

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Post by Jobless_in_Ma Tue Apr 05, 2011 4:20 pm

Talk about Fuzzy math! Absurd.
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Post by Jobless_in_Ma Tue Apr 05, 2011 4:22 pm

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Post by Guest Tue Apr 05, 2011 4:34 pm

This is even funnier. The budget was analyzed by the Heritage Foundation.

The Heritage Foundation is a conservative American think tank based in Washington, D.C.

The foundation took a leading role in the conservative movement during the presidency of Ronald Reagan, whose policies drew significantly from Heritage's policy study Mandate for Leadership. Heritage has since continued to have a significant influence in U.S. public policy making, and is considered to be one of the most influential conservative research organizations in the United States.

I see that we will reach 2.8% Unemployment in 2021. Just in time for my retirement. That's good, because the way things are going, I don't have retirement to look forward to.

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Post by wantjob Sun Apr 10, 2011 10:00 pm

http://freakoutnation.com/2011/03/26/john-boehner-justifies-the-jobs-he-promised-by-blaming-obama/

In this video from November 3rd, 2010, Eric Cantor on Fox News, states that job growth must be priority one.

WHERE ARE THE JOBS, CANTOR!!
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Post by Jobless_in_Ma Sun Apr 10, 2011 10:07 pm

That's what we have all been wondering. Take a peek over at out Days counter we have and notice the amount of days and hours without a single bill introduced to create jobs. That should tell the story right now.

It seems they have been too busy making sure women don't get proper cancer screening etc, or poor folks get any help..
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