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Republican Debt Crises Have Killed 900,000 Jobs: Study
Republican Debt Crises Have Killed 900,000 Jobs: Study
The republicans are anti-jobs!
Republican Debt Crises Have Killed 900,000 Jobs: Study
For the past few years, the Republican approach to governance has been to cause a series of Breaking-Bad-like cliffhangers, with ever-more destructive consequences. It has gotten so ridiculous that even the Peter G. Peterson Foundation, one of the tireless deficit scolds encouraging Republican behavior, has finally gotten tired of it.
This government-by-crisis approach has cost the U.S. economy about 900,000 jobs and raised the unemployment rate by about 0.6 percent, according to a study by private forecasting firm Macroeconomic Advisers, commissioned by the Peterson Foundation, of all things. Peterson continues to wax apocalyptic about America's long-term debt, but appears to finally have gotten disgusted with Republican tactics in dealing with it. (Story continues below chart.)
The republicans are anti-jobs!