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UCmeNdc

(9,600 posts)
Mon Oct 1, 2012, 12:44 PM Oct 2012

Mitt Romney's Real Agenda

Republicans in Congress have repeatedly put ideology before creating jobs. For more than a year, they've refused to put President Obama's jobs bill up for a vote, even though projections show it would create nearly 2 million jobs without adding a penny to the deficit. The reason? The $447 billion bill would be entirely paid for through a surtax on millionaires.

In addition, the Republicans' signature initiative last year – the debt-ceiling standoff – was a jobs-killer, applying the brakes to the economic recovery. From February through April 2011, the economy had been adding 200,000 jobs a month. But during the uncertainty created by the congressional impasse, job creation was cut in half for every month the standoffcontinued. And according to the Economic Policy Institute, the immediate spending cuts required by the debt-ceiling compromise are likely to shrink the economy by $43 billion this year, killing nearly 323,000 jobs.


Read more: http://www.rollingstone.com/politics/news/mitt-romneys-real-agenda-20120928#ixzz28435lZgn

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Mitt Romney's Real Agenda (Original Post) UCmeNdc Oct 2012 OP
I thought bongbong Oct 2012 #1
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