300,000 Jobs

Posted on 05/03/2008 at 9:06 am by Bob Cesca

Don’t know how many blogotubers caught this, but Newsweek‘s Jonathan Alter on Countdown last night reported that the McCain-Clinton gas tax holiday will result in 300,000 lost jobs. 300,000 construction workers without work. Great idea! Senator Clinton is really with the working class.

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  • lnbno13

    I suppose that’s on top of the 457,000 that we’ve already lost since Sept. 06. I’d say I know a lot of people that are going to have to find a new line of work soon, but what are they supposed to do go from making $20-$35 an hour to $8.00, if they’re lucky? Unfortunately, many poor people in this country already have to endure just that, 3 service jobs @ close to minimum wage, just to pay the bills (and sometimes not even being able to do that). I see them get on the bus at 3:00 am and come home after the sun has gone down. Just about every fucking day. How many more service jobs can there be with no one having any money to buy anything? Ohh right, the stimulus package.

  • ceu

    I commented on Huffpo about it the other night:Seriously. Think about it – suppose each one of those 300,000 has a family of 4. That’s 1.2 million people directly affected by unemployment. Those people are not going to be spending money on new clothes, going out to eat, going on vacation, buying anything that isn’t absolutely necessary like new cars, and won’t be getting back-to-school stuff in Aug. They could default on mortgages… The $20 to $40 that each driver could save is totally obliterated (to use a Clinton word) by the massive impact on local economies and lost revenue in taxes – sales, income, and property.Bottom line, it’s a really, really bad ideaThe response I got? Clinton’s going to get a windfall profits tax to pay for it – as though the Republicans in Congress would go along with that & Bush would sign it. A bit of naivete on the part of the Clinton backers.My projected savings is under $18. Let the gov’t keep it and the 300K workers keep their jobs.

  • natashacrk

    I saw that and I wondered if these voters in Indiana and North Carolina could get this informaiton somehow.

  • bajasteve

    Additionally, if Clinton DID manage to get the windfall profits tax passed, she isn’t planning for it to go to replace the lost highway funds, as Alter also pointed out last night.