Quote:
Originally Posted by Vendor
It was all predicted, but the unanimous decision by Senate Republicans on Tuesday to filibuster and thus kill President Obama***8217;s jobs bill was still a breathtaking act of economic vandalism. There are 14 million people out of work, wages are falling, poverty is rising, and a second recession may be blowing in, but not a single Republican would even allow debate on a sound plan to cut middle-class taxes and increase public-works spending. The bill the Republicans shot down is not a panacea, but independent economists say it would have a significant and swift effect on the current stagnation. Macroeconomic Advisers, whose forecasts are often used by the Federal Reserve, said it could raise economic growth by 1.25 percentage points and create 1.3 million jobs in 2012. Moody***8217;s Analytics estimated new growth at 2 percentage points and 1.9 million jobs. Those economists say that Republican ideas for increasing growth would have no measurable effects in the next year. The Republicans offer no actual economic plans, only tired slogans about cutting regulations and spending, and ending health care reform. The party seems content to run out the clock on Mr. Obama***8217;s term while doing very little. On Tuesday, Mr. Obama***8217;s campaign manager, Jim Messina, accused Republicans of trying to ***8220;suffocate the economy***8221; in hopes that the pain would work to their political advantage. They are doing little to refute that charge.
http://www.nytimes.com/2011/10/13/op...ml?ref=opinion
Note: October 12, 2011
As a side note,this is a opinion page,so you are aware of this so no misunderstandings arise! |
The jobs bills stinks. I won't go into it here, I'm trying to behave.
I just wish the repubs riddled it with holes rather than start the filibustering mess again. Congresess approval rate is at an all time low. And we got downgraded because of partisan crap (I won't get into my opinions on the "rating agencies" either), and trying to put our economy so far down the toilet that they can get Obama out.
There's better ways Repubs. Convince the country you are a better fit. Instead they use legislative loopsholes to avoid, and delay. We aren't stupid and we see it. Why do you think enthusiasm for the Republican field is so low? Obama will win by default, and the in office repubs are handing to him.
It's a mess. We need some kind of unity now more than ever. And our elected officials want to play ego games with a large country.