The Republican goal to wreck the economy is right on plan
Thursday, December 2, 2010 at 07:13AM From Slate:
"Prematurely ending the federal unemployment insurance benefits program would drain the economy of $80 billion in purchasing power and result in the loss of over one million jobs over the next year," a Joint Economic Committee report on the matter notes. "Economic growth will be reduced by as much as 0.4 percentage points between December 2010 and February 2011. In short, a failure to extend the unemployment insurance program could hamper the fragile recovery."
Wow! The millionaires going to need every dollar of their tax cut.
GOP sucks,
economy,
obstructionism in
Politics