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Economic Policy Institute: The JOBS Act will result in fewer, not more jobs

 :: Unemployment Discussion :: Pending Bills & Legislation

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Economic Policy Institute: The JOBS Act will result in fewer, not more jobs Empty Economic Policy Institute: The JOBS Act will result in fewer, not more jobs

Post by Guest Wed May 11, 2011 4:05 pm

Needless to say, any combination of these alternative spending paths
would lead to the creation of fewer jobs than under current law. If,
for example, half of the funds nationwide were spent on continuing to
provide EUC and EB, while the other half was divided between employer
payroll tax deductions and reemployment services, then about 257,000
jobs would be created, a loss of about 65,000 jobs compared to current
law.

In summary, the JOBS Act is a job loser, not a creator.

http://www.epi.org/publications/entry/the_jobs_act_will_result_in_fewer_not_more_jobs/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+epi+Economic+Policy+Institute#When:16:43:14Z

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