Thursday, March 3, 2011
Republicans admit that their jobs "plan" is to destroy jobs
The Republicans were elected by a landslide last November on a promise to create jobs. Just the other day John Boehner's spokesman, Michael Steele, said that House Republcians' top priority is helping to create jobs."
Well, what exactly is their plan to create these jobs?
A number of economists (including myself) have recently pointed out that the proposed GOP spending cuts could result in the loss of up to 700,000 jobs. Even Fed Chairman Bernanke, trying to be conservative, estimated that at least 200,000 jobs are likely to be lost as a result of the spending cuts.
And what did Speaker of the House Boehner say when he was questioned about these job losses? "If that happens, so be it. We're broke."
That's right, he's now ADMITTING that there is no plan in place to create jobs and making a pathetically ignorant comment about the country being "broke."
At least we can say that the truth is out in the open. It's really not about creating jobs and it never was about creating jobs. All of this is just about one thing: a misguided ideological zeal to cut spending at any cost, even if that means destroying jobs in the process.
The fact is, a majority of Americans are against these spending cuts. This is the same party that castigated president Obama for "ramming" health care down the throats of American and now they're doing the exact same thing with their spending ideology.
It's time to say, enough is enough.