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Fri Sep 7, 2012, 09:50 AM

In September 2011, Republicans blocked the American Jobs Act and up to 2 million jobs

The American Jobs Act -- One Year Later

By Steve Benen

On September 8, 2011 -- exactly one year ago tomorrow -- President Obama delivered an important speech to a joint session of Congress. In it, the president unveiled a proposal he called the American Jobs Act.

You may recall the economic circumstances at the time, and how similar they are to 2012 -- though job growth looked strong in the early months of the year, the summer proved disappointing. Obama sought to shift the national conversation away from austerity and towards job creation, and presented a sensible plan, filled with ideas that have traditionally enjoyed bipartisan support.

Independent analysis projected the American Jobs Act, which was fully paid for, could create as many as 2 million jobs in 2012.

<...>

The American electorate was clamoring for action on jobs; the Obama White House crafted a credible plan that would be helping enormously right now; and congressional Republicans reflexively killed the Americans Jobs Act for partisan and ideological reasons.

- more -

http://maddowblog.msnbc.com/_news/2012/09/07/13726783-the-american-jobs-act-one-year-later


They Blocked that!

by jamess

When it comes to the GOP -- they didn't Build that.

Most times They Blocked that ...







- more -

http://www.dailykos.com/story/2012/08/30/1126128/-They-Blocked-that


Bush/Republicans destroyed the economy, now ask "are you better off?"
http://www.democraticunderground.com/10021293963

8 replies, 1297 views

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Reply In September 2011, Republicans blocked the American Jobs Act and up to 2 million jobs (Original post)
ProSense Sep 2012 OP
Inuca Sep 2012 #1
northoftheborder Sep 2012 #2
ProSense Sep 2012 #3
ProSense Sep 2012 #4
ProSense Sep 2012 #5
ProSense Sep 2012 #6
panader0 Sep 2012 #7
ProSense Sep 2012 #8

Response to ProSense (Original post)

Fri Sep 7, 2012, 09:54 AM

1. So true

I am mad and sad. And quite scared about what will happen...

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Response to ProSense (Original post)

Fri Sep 7, 2012, 09:56 AM

2. Thanks for pointing that out. Sad that the vast majority or people do not know that it was blocked.

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Response to northoftheborder (Reply #2)

Fri Sep 7, 2012, 10:45 AM

3. Pathetic media in action. n/t

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Response to ProSense (Original post)

Fri Sep 7, 2012, 12:00 PM

4. Kick! n/t

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Response to ProSense (Original post)

Fri Sep 7, 2012, 03:51 PM

5. Another. n/t

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Response to ProSense (Original post)

Sat Sep 8, 2012, 11:09 AM

6. Krugman: The Jobs Program That Wasnít

The Jobs Program That Wasnít

Macroeconomic Advisers on the American Jobs Act, proposed a year ago:

We estimate that the American Jobs Act (AJA), if enacted, would give a significant boost to GDP and employment over the near-term.

-The various tax cuts aimed at raising workersí after-tax income and encouraging hiring and investing, combined with the spending increases aimed at maintaining state & local employment and funding infrastructure modernization, would:
-Boost the level of GDP by 1.3% by the end of 2012, and by 0.2% by the end of 2013.
-Raise nonfarm establishment employment by 1.3 million by the end of 2012 and 0.8 million by the end of 2013, relative to the baseline

Of course, it that had happened, Obama would be more or less a lock for reelection. Instead, having blocked the presidentís economic plans, Republicans can point to weak job growth and claim that the presidentís policies have failed.

http://krugman.blogs.nytimes.com/2012/09/08/the-jobs-program-that-wasnt/


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Response to ProSense (Original post)

Sat Sep 8, 2012, 11:12 AM

7. K and R

This fact needs to be repeated over and over.

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Response to panader0 (Reply #7)

Sun Sep 9, 2012, 11:51 AM

8. Yup! n/t

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