Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

TomCADem

(17,390 posts)
Mon Jul 30, 2012, 11:08 AM Jul 2012

"Republican Jobs Bills Won't Actually Create Jobs, Say Economists"

Republicans are once again going to try to pass a whole bunch of corporate sweet heart deals and call them jobs bills even though they do not actually create jobs. Hey, why not increase Ann Romney's tax deductions for her horse, and call it a jobs bill? Of course, the corporate media will give House Republicans a free pass on this.

http://www.huffingtonpost.com/2012/07/24/republican-jobs-bills_n_1687647.html

In interviews conducted by The Huffington Post with five economists, most said the GOP jobs package would have no meaningful impact on job creation in the near term. Some said it was not likely to do much in the long term, either.

"A lot of these things are laughable in terms of a jobs plan that would produce noticeable improvements across the country in the availability of employment in the next four or five years," said Gary Burtless, a senior economist at Brookings. "Even in the long run, if they have any effect all, it would be extremely marginal, relative to the jobs deficit we currently have."

Mark Zandi, the chief economist at Moody's Analytics, agreed that the bills would have almost no effect on job creation in the short term, though he was slightly more optimistic about their long-term prospects.

"These kind of changes will matter over a period of three to five years," Zandi said. "It takes that long before businesses can digest changes and respond to them."
2 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
"Republican Jobs Bills Won't Actually Create Jobs, Say Economists" (Original Post) TomCADem Jul 2012 OP
I believe this is about the 35th Jobs bill they will have produced 1-Old-Man Jul 2012 #1
Of course, Republicans Call All Their Bills Job Bills... TomCADem Jul 2012 #2

1-Old-Man

(2,667 posts)
1. I believe this is about the 35th Jobs bill they will have produced
Mon Jul 30, 2012, 11:51 AM
Jul 2012

and Harry shrugs his shoulders and tosses them. None will ever come up for a vote in the Senate. So like a fart in the wind, here today, gone tomorrow.

TomCADem

(17,390 posts)
2. Of course, Republicans Call All Their Bills Job Bills...
Mon Jul 30, 2012, 02:45 PM
Jul 2012

...even though none of the bills have anything to do with promoting jobs, so don't you agree that its a good thing that Harry Reid does not allow such non-sense to go through the Senate.

Latest Discussions»General Discussion»"Republican Jobs Bil...