Republican jobs 'plan': More of the same old voodoo economics nonsense

Jed Lewison for Daily Kos

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Friday May 27, 2011 · 7:40 AM PDT

2011/05/27 · 07:40

no image description available — Yes, the GOP really said its economics plan is for 'job creators'

Yes, the GOP really said its economics plan is for 'job creators'

Ezra Klein:

Academic books pack about 600 words to a page. Normal books clock in around 400. Large-print books — you know, the ones for kids or the visually impaired — fit about 250. The House GOP’s jobs plan, however, gets about 200 words to a page. The typeface is fit for giants, and the document’s 10 pages are mostly taken up by pictures. It looks like the staffer in charge forgot the assignment was due on Thursday rather than Friday, and so cranked the font up to 24 and began dumping clip art to pad out the plan.
Which is odd, because there’s nothing in this plan that hasn’t been in a thousand other plans.

There isn't a single new idea in the GOP jobs plan, and its biggest idea of all—cutting taxes on wealthy individuals and corporations—is just an amplified version of the same tax policies that helped get us into our current mess. Perhaps most telling of all, Republicans say their plan is a plan for "jobs creators," as if current economic policy is too heavily focused on job seekers. They fundamentally believe that the only thing that matters is the supply-side and that Keynesian economics is fraud, and nothing, not even the fact that time after time their ideas are debunked by reality, they keep on coming back for more of the same. It never changes.

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Republican jobs 'plan': More of the same old voodoo economics nonsense

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