"Obama Has A Jobs Plan, Romney Doesn't" by Ari Berman at the Nation
Obama Has A Jobs Plan, Romney Doesn't
by Ari Berman at the Nation
http://www.thenation.com/blog/168340/obama-has-jobs-plan-romney-doesnt
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Following last months disappointing jobs report, Romney offered six specific ideas to lift the flagging economy. Reported Greg Sargent:
He said he would tap our energy resources to put a lot of people to work in the energy sector. He said hed repeal Obamacare, which is scaring small businesses from hiring. He said hed balance the budget so people know investing in America is going to yield a return in dollars worth something. He vowed to open up new markets in American trade. He said hed revamp the National Labor Relations Board and lower tax rates on employers, both of which would make it easier to hire people.
Sargent asked a few top economists whether Romneys ideas would actually create jobs. On net, all of these policies would do more harm in the short term, responded Mark Hopkins, a senior adviser at Moodys Analytics. If we implemented all of his policies, it would push us deeper into recession and make the recovery slower.
Hopkinss quote might just be the most important one of the campaign so far. Every story about the candidates positions on the economy should mention this essential dynamic: Obama has a jobs plan. Romney doesnt. In fact, according to economists, Romneys prescriptions for the economy would only make a bad situation significantly worse.
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