Thanks, Moderates!

The Nelson-Collins “centrist” cuts to the recovery bill mean 1 million to 2.5 million fewer jobs created.

Like I wrote in the previous post, if they insisted on trimming the Republicans-hate-this-so-we-better-cave-and-cut items from the bill, they should’ve added the savings to the acceptable line items, or created new programs that were more acceptable. Instead, they’re sabotaging job creation.

By the way, in Jed’s post, notice the CBO multiplier chart and, specifically, which sorts of items have a lesser effect on the economy. That’s right. Tax cuts have the least impact on GDP. Government spending has the highest. The current Senate bill is 42 percent tax cuts. Heckuva job, Senators!

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  • GIthePotato

    I think there is a filibuster coming.

  • Chris

    So you’re not satisfied with this bill that will end up cost One trillion + w/ interest? Trust me, I want the Democrats to own this bill competely..So the more the merrier..I guess.

  • GIthePotato

    $2 trillion in just infrastructure would be a nice start.

  • kansasdem

    I can’t wait to hear what Obama has to say about this.

  • http://www.bobcesca.com Bob Cesca

    >>>So you’re not satisfied with this bill that will end up cost One trillion + w/ interest?Nope. I’m not. Did you even look at the CBO multipliers? FACT: more government spending equals more economic growth.

  • GIthePotato

    I want him to say, “EVERYONE SIT THE FUCK DOWN, I GOT THIS”We need to start over. No debate just push the biggest Bill possible through and without GOP support because there is none.

  • SillyGit

    Chris, your blind faith in your ideology is going to kill us all.How many times do you have to have abject failure demonstrated before you realize that it just doesn’t work the way your ideologues have said?George H.W. had a good reason for calling it Voodoo Economics.

  • Chris

    wtf are you talking about “abject failure”? Our government has been doing nothing but spending money…We’re not overtaxed..they just spend too much money, and it never stops.I prefer the lower taxes/balanced budget approach. But that can never happen with the ever growing entitlements and decaying urban areas/welfare state.

  • GIthePotato

    Chris,Got a grandparents the lives off of Social Security? NO? Then shut the fuck up. If we eliminate “entitlement” programs Americans will die of starvation. Maybe we should just waterboard all of our senior citizens to death because it is cheaper and you can have $12 more in your paycheck.

  • Chris

    Nobody said eliminate entitlements…It’s pretty obvious they need to be reformed…

  • jane from The Hague

    I volunteer to waterboard Stupidchris.

  • Chris

    Why is the OP stating that this will kill between 1-2.5 million jobs. You have NO way of knowing that. The so called “experts” have been wrong about a lot of shit lately.

  • jane from The Hague

    Stupidchris: Job? Jesus? I NEED ANSWERS!!!!!!!

  • GIthePotato

    Entitlement Reform?I will help you out:No SS for minorities(urban area)No Medicaid for minoritiesNO SCHIP for minoritiesBuild an alligator mote between the US and MexicoDeport all illegal immigrant based on racial profiling not with any real evidence

  • Chris

    GIthepotata…..Jesus Christ….What do minorities have to do with anything?

  • theghostsong

    A trill on infrastructure sounds great. We need a gold power grid, modern roads, faster communications and about a billion more things. The earth is nearing the end of multiple resources critical to our industry and progress, this is a problem only an entity with the raw appropriations power of a government can approach. Oil, aluminum, tungsten, hell even fresh water is rapidly dwindling.This bill is as much about our future as a species as it is about our wallets. We must stand as one, le’st we perish alone.

  • Chris

    Yeah, our future as an unemployed species with worthless currency. :-)

  • JG

    and what is even more f’d up is this is a HUGE problem. Obama needs all the big guns here–to hinder what he wanted even in the slightest could allow the right wing to turn around in 2010 and blame him for the economy Bush gave us. I still think things will turn around, but what is so aggravating is that the MSM has already drawn up the rules. Unless Obama gets us out of the MESS Bush gave us, then we will need to go back to the very policies that CREATED the MESS.Thanks MSM!!!

  • Theghostsong

    Chris-An easy fix, nationalize the federal reserve, execute every living Rockefeller and Rothschild for high treason.

  • JG

    Bob–What are your thoughts on a 1-2 year payroll tax holiday? Just curious–

  • fry1laurie

    Republicans are like a doctor who began to take care of a healthy patient (the economy) in 2001. They prescribed medicine that wasn’t needed (tax cuts), then kept using the same medicine on the patient until the patient was near death. But, when a new doctor comes to town with a mandate to make the patient well again, the only thing people seem to think will work is what made the patient sick in the first place!

  • emsique

    I would expect nothing less from our Senate and Congress than a giant clusterfuck that will do little to actually alleviate the crisis our country is in. Spineless leadership. Clueless bunch of rich weasels. Toss this bullshit bill in the dumpster and get our best economists writing something that will actually put people to work.

  • William S. Daniel

    The “negotiations” for bi-partisan support ought to be very, very simple after the November 8, 2008national election:1. President Obama to any sensible, non-idealogue,Republicans: “What revisions in this legislationdo you need in order to support it? If thosechanges are made, will you support and vote for it?”2. Moderate Republicans who want any chance ofbeing re-elected in 2010 or 2012: “Yes, Mr.President. With these changes, we will supportand vote for this legislation. We will notdouble-cross you and the American People by lyingabout promising to support forward movement andchange in America and then voting against you onstrict party lines when it comes to a vote.”3. President Obamna: “Thank you, you few wiseRepublicans who care about America. If you do notvote for this legislation, with the revisions init that you say you will support and vote for,then the next time and from now own we will passour legislation without you. You are either partof the solution or still part of the problem!”End of negotiations.

  • SillyGit

    William S. Daniel -You and think alike. Very nice comment sir.

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