Skip to main content

Speaker John Boehner, Rep. Paul Ryan, Rep. Jeb Hensarling, Rep. Eric Cantor and Rep. Cathy McMorris Rodgers. (Jonathan Ernst/Reuters)
These are not would-be job creators. (Jonathan Ernst/Reuters)
It might surprise you to remember, what with all their repeal votes and abortion votes and proposals to rename the ocean after Ronald Reagan, not to mention their obstruction of actual jobs bills, but Republicans insist they have a jobs plan that's being blocked by Senate Democrats. The small problem with the Republican jobs plan, though, is that economists say it wouldn't actually create jobs.

The Huffington Post's Erin Mershon writes that Gary Burtless, of the Brookings Institution, says that "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." According to Carl Riccadonna of Deutsche Bank:

"They are very narrowly targeted, and it gives the impression that maybe some of this is special interest really pursuing these, not really taking a macro view but a very, very micro focus in what the impact would be," Riccadonna said. For most of the bills in the package, "jobs are a second- or third-order effect, not the main priority."
With most of the Republican "jobs bills" focused on gutting environmental and other regulations,
Joel Prakken, chairman of Macroeconomic Advisers, warned that any potential job creation from environmental deregulation could be offset by health concerns.

"If you increase employment but you have a lot more sick people, you have to ask yourself, 'What's the trade-off?'" he said. "The highest level of GDP is not necessarily the highest level of national satisfaction or national health."

Ah, but is it the highest level of corporate profit and CEO pay? Those are the measures the Republicans care about, after all.

Republicans do realize that people want Congress to work on jobs, so they'll be reminding voters of this amazing jobs plan they've passed through the House, trying to pretend it's been as big a focus as repealing the Affordable Care Act or getting all up in our lady parts. Now if only their "jobs plan" would include at least a reasonable pretense of being intended to create jobs.

Originally posted to Daily Kos Labor on Tue Jul 24, 2012 at 07:44 AM PDT.

Also republished by Daily Kos.

EMAIL TO A FRIEND X
Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags

?

More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site