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Most Job Losses From GOP Spending Plan Will Be In Private Sector

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Most Job Losses From GOP Spending Plan Will Be In Private Sector

Post by Quiethawk on Wed Mar 02, 2011 4:53 pm

http://www.huffingtonpost.com/2011/03/01/gop-spending-plan_n_829595.html

Cantor remains unmoved by the report. "What kind of jobs is he talking about? Is he talking about government jobs? If so, why is the government hiring people it can't afford to pay?" Cantor asked. "This is obviously an unsustainable solution and something we're trying to correct in our CR."

He doesn't give a crap on what kinds of jobs, they just want to destroy as much of the economy under Obama's presidency as they can. Blame it on the Alcohol oops I meant Blame it on the Dems....
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Quiethawk
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Re: Most Job Losses From GOP Spending Plan Will Be In Private Sector

Post by JaneWI on Wed Mar 02, 2011 6:04 pm

Playing politics with this many people's lives is sick.

That plan could eliminate 700,000 jobs, largely concentrated in the private sector, according to a report by a Moody's economist.

700,000 lost jobs = less demand
less demand = more job losses

This doesn't even begin to count the exhaustees who have $0 coming in.

Where will the demand come from for goods and services if more and more people have no money?
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