PDA

View Full Version : Republicans: a party of unemployment



Qtec
07-12-2010, 06:42 AM
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">
<span style='font-size: 17pt'>Republicans: a party of unemployment

It may seem bad taste to accuse Republicans of wanting a rise in unemployment but their actions leave no other explanation</span>


From now until 2 November, the Republican party will be the party of unemployment. <u>The logic is straightforward: the more people who are unemployed on election day, the better the prospects for Republicans in the fall election.</u> They expect, with good cause, that voters will hold the Democrats responsible for the state of the economy. Therefore, anything that the Republicans can do to make the economy worse between now and then will help their election prospects.

While it may be bad taste to accuse a major national political party of deliberately wanting to throw people out of jobs, there is no other plausible explanation for the Republicans' behaviour. They have balked at supporting nearly every bill that had any serious hope of creating or keeping jobs, most recently filibustering on bills that provided aid to state and local governments and extending unemployment benefits. The result of the Republicans' actions, unless they are reversed quickly, is that hundreds of thousands more workers will be thrown out of work by the mid-terms.

The story is straightforward. Nearly every state and local government across the country is looking at large budget shortfalls for their 2011 fiscal years, most of which begin on 1 July 2010. Since they are generally required by state constitutions or local charters to balance their budgets, they will have no choice except to raise taxes and/or make large cutbacks and lay off workers to bring spending and revenue into line.

State and local governments have cut their workforce by an average of 65,000 a month over the last three months. Without substantial aid from the federal government, this pace is likely to accelerate. The Republican agenda in blocking aid to the states may add another 300,000 people to the unemployment rolls by early November.

The blocking of extended unemployment benefits promises similar dividends. As Paul Krugman rightly notes this week, unemployment benefits are not just about providing income support to those who are out of work, they also provide a boost to the economy. Since unemployed workers generally have little other than their benefits to support themselves, this is money that will almost immediately be spent. The benefits paid to workers are income to food stores and other retail outlets.

Unemployment insurance provides the sort of boost to demand that the economy desperately needs. That is why neutral parties such as the congressional budget office or economist Mark Zandi, a top adviser to John McCain's presidential bid, always list unemployment benefits as one of the best forms of stimulus.








<span style='font-size: 14pt'>...It is possible <u>that Congressional Republicans, who were willing to vote for hundreds of billions of dollars of war expenditures without paying for them, or trillions of dollars of tax cuts without paying for them, </u>are actually concerned about this sort of increase in the national debt. It is possible that this is true, but not very plausible.

The more likely explanation is that the Republicans want to block anything that can boost the economy and create jobs. Throwing people out of work may not be pretty, but politics was never pretty, and it is getting less so by the day.</span> </div></div>

link (http://www.guardian.co.uk/commentisfree/cifamerica/2010/jul/06/republicans-party-of-unemployment/print)

Correct.

Q

Gayle in MD
07-12-2010, 10:12 AM
Republicans truly do repulse me. They made the mess, then walked away.
It's quite a message to Americans: Republicans believe $30 billion for unemployment benefits don't even deserve a vote because the money would be added to the deficit, but Republicans also believe that adding the cost of $678 billion in tax cuts for the wealthy to the deficit is just fine.
Disgusting!

G.

eg8r
07-12-2010, 11:23 AM
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">From now until 2 November, the Republican party will be the party of unemployment.</div></div>This has been the media's plan of attack once they noticed that the healthcare bill was not going to be a plus in pushing the agenda of the Dems. So they revert to attacking with lies and ignorance. If I did not know better I woudl think our resident granny was orchestrating it all.

eg8r