How Many Jobs Will Be Lost Because Of The Debt Deal?

Playinghardball

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Mon Aug-08-11 01:36 PM
Original message

How Many Jobs Will Be Lost Because Of The Debt Deal?

Source: MoveOn.com

http://front.moveon.org/how-many-jobs-will-be-lost-because-of-the-debt-deal/

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Enrique

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Mon Aug-08-11 01:38 PM
Response to Original message

1. Geither said no jobs would be lost

Edited on Mon Aug-08-11 01:41 PM by Enrique

said it to George Stephanopoulos yesterday.

link to the lie:

http://blogs.abcnews.com/george/2011/08/full-transcript-my-interview-tim-geithner.html

(...)

GEORGE STEPHANOPOULOS: So this won't cost us jobs?

TIM GEITHNER: No, it will not. Now, ...

(...)

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valerief

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Mon Aug-08-11 01:39 PM
Response to Reply #1

3. He was talking about his, I guess. nt

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aquart

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Mon Aug-08-11 01:39 PM
Response to Reply #1

4. Geithner ....

Was not hanged. Regrettably.

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Starry Messenger

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Mon Aug-08-11 01:40 PM
Response to Reply #1

5. Didn't he also say last week that our debt would never be downgraded?

Geitner's about as smart as a bag of hair.

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FreakinDJ

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Mon Aug-08-11 01:38 PM
Response to Original message

2. .5 - 1 Million

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abelenkpe

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Mon Aug-08-11 01:47 PM
Response to Reply #2

6. Yeah I heard it projected as one million

but can't remember where I heard that. Do you know who was projecting that?

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truedelphi

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Mon Aug-08-11 02:07 PM
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7. Problem is: PTB do not care.

The people behind the curtain are deliberately flushing this nation down the toilet.

Why? Because they can make a good deal of money betting against the American people's economy.

When Obama avoided putting Glass Steagall back in place, because he loves listening to little Timmy, I knew we were up the creek without a paddle. And Congress people are equally corrupt/clueless.

GS kept our economy in working order for over 60 years. When we lost that, due to the "Bank Reform Act" of 1999, we lost everything (in terms of protections.)

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mmonk

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Mon Aug-08-11 02:09 PM
Response to Original message

8. Almost double the amount attributable to the cuts so far which is about a million.

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SheilaT

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Mon Aug-08-11 02:23 PM
Response to Original message

9. Lots. It's hard to be more

specific than that, although some experts are actually stating numbers. The loss of jobs will snowball as spending is reduced. It's why the Great Depression was as bad as it was, until the government finally started pumping money into the economy and creating jobs. If they were to do it again we could be out of this in, oh I don't know, a year or so I'm guessing.

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