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"Among competing jobs plans, it's not even close" By Steve Benen at the Maddow Blog
Among competing jobs plans, it's not even closeBy Steve Benen at the Maddow Blog
http://maddowblog.msnbc.com/_news/2012/07/25/12948731-among-competing-jobs-plans-its-not-even-close?lite
"SNIP.........................................
A tentative thumbs-up. That was the assessment Thursday night from economists who offered mainly positive reviews of President Barack Obama's $450 billion plan to stimulate job creation. [...]
Mark Zandi, chief economist at Moody's Analytics, estimated that the president's plan would boost economic growth by 2 percentage points, add 2 million jobs and reduce unemployment by a full percentage point next year compared with existing law.
Macroeconomic Advisers wasn't quite as optimistic, but its analysis projected that the White House plan "would give a significant boost to GDP and employment over the near-term." The firm would expect to see the proposal create at least 1.3 million jobs.
On the other hand, we have the 32 bills passed by House Republicans -- the GOP did not subject their measures to independent economists for some reason -- which we now see wouldn't make much of a difference at all.
..........................................SNIP"
