Boehner's Spending Cuts Would Kill 1 Million Jobs

[NJMaverick]

Quote:How many jobs are we talking about? According to federal budget expert Scott Lilly at the Center for American Progress, Boehner's proposed spending cuts could kill almost 1 million jobs.

Lilly ran the numbers for Dana Milbank of the Washington Post:

using the usual multipliers, [Lilly] calculated that the cuts - a net of $59 billion in the last half of fiscal 2011 - would lead to the loss of 650,000 government jobs, and the indirect loss of 325,000 more jobs as fewer government workers travel and buy things. That's nearly 1 million jobs - possibly enough to tip the economy back into recession.

http://tpmdc.talkingpointsmemo.com/2011/...hp?ref=fpb

[Cha]

(02-16-2011 01:58 PM)NJMaverick Wrote:  

Quote:How many jobs are we talking about? According to federal budget expert Scott Lilly at the Center for American Progress, Boehner's proposed spending cuts could kill almost 1 million jobs.

Lilly ran the numbers for Dana Milbank of the Washington Post:

using the usual multipliers, [Lilly] calculated that the cuts - a net of $59 billion in the last half of fiscal 2011 - would lead to the loss of 650,000 government jobs, and the indirect loss of 325,000 more jobs as fewer government workers travel and buy things. That's nearly 1 million jobs - possibly enough to tip the economy back into recession.

http://tpmdc.talkingpointsmemo.com/2011/...hp?ref=fpb

Looks like we were getting the scoop on Boehner's boner about the same time.

[NJMaverick]

Cha,

I don't think this can be repeated too many times. ONE MILLION jobs lost thanks to the GOP

[Cha]

(02-16-2011 02:10 PM)NJMaverick Wrote:  Cha,

I don't think this can be repeated too many times. ONE MILLION jobs lost thanks to the GOP

Let's keep it front and center as long as need be. I'm still pissed at Boehner screaming "Hell No, We Can't" from the House Floor. Although that was most certainly the best epitaph he could give on the repub party.

[azmouse]

I wonder if Boner will ever sober up? And if he does, will he be horrified at the crap he spews?