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Most Job Losses From GOP Spending Plan Will Be In Private Sector: Mark Zandi

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Most Job Losses From GOP Spending Plan Will Be In Private Sector: Mark Zandi Empty Most Job Losses From GOP Spending Plan Will Be In Private Sector: Mark Zandi

Post by Guest Wed Mar 02, 2011 11:19 am

In a Monday press briefing with reporters, House Majority leader Eric Cantor (R - Ohio) acknowledged that the spending proposal -- known as the continuing resolution or CR -- might increase unemployment. But if the 700,000 lost jobs in Zandi's report are government jobs, Cantor remains unmoved by the report. Evil or Very Mad

http://www.huffingtonpost.com/2011/03/01/gop-spending-plan_n_829595.html

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Post by tristen303 Wed Mar 02, 2011 11:30 am

Of course Wall Street would say that! Municipal Bonds are their bread and butter (read articles especially in Rolling Stone) if the States and Cities start cutting they won't need anymore of Wall Street’s crack. What's even funnier regarding those federal cuts, so in simple terms that 61 billion in spending cuts would cost 700K in jobs…. ok well if that is true then using the same formula the "stimulus" should have added 9.4 Million jobs lol gotta love Keynesian dyslexia! I guess they learned that from public school.

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Post by gettheminNOVEMBER Wed Mar 02, 2011 11:35 am

Does not seem like anyone on the HILL cares about the economy. Why should they we pay them well.

How about this their paychecks depend on the unemployment rate. Watch things change then.
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Post by tristen303 Wed Mar 02, 2011 12:33 pm

Thats a great idea! They get paid based off the number of UE in the system. we need figure out something God knows they are do nothing and now were actually going backwards

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Post by gettheminNOVEMBER Wed Mar 02, 2011 12:35 pm

tristen303 wrote:Thats a great idea! They get paid based off the number of UE in the system. we need figure out something God knows they are do nothing and now were actually going backwards

They will only listen if you take their jobs or paychecks away. Twisted Evil
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