ON TUESDAY NIGHT, EVERY SINGLE REPUBLICAN SENATOR SCREWED OUR ECONOMY when they “overwhelmingly blocked The American Jobs Act from even coming to a vote on the floor of the U.S. Senate”:
What would the American Jobs Act have accomplished?
The bill would have reduced the deficit by $6 billion over ten years, according to the Congressional Budget Office. The Republicans filibustered deficit reduction.
The bill would have created nearly two million new jobs. The Republicans filibustered the creation of two million new jobs.
The bill would have increased the gross domestic product (GDP) by two points. The Republicans filibustered increasing the GDP.
The bill would have cut taxes for 98 percent of businesses. The Republicans filibustered a tax cut for businesses.
The bill would have offered a tax credit for military veterans returning from war. The Republicans filibustered a tax credit for the troops.
The bill would have reduced unemployment by a full percentage point. The Republicans filibustered a reduction in unemployment.
The bill would have been paid for by a 5.6 percent surtax on millionaires — a surtax that, again, a majority of Republican voters support. The Republicans filibustered paying for the bill.
MEANWHILE ANOTHER ‘VERY SERIOUS’ REPUBLICAN, SEN. MARCO RUBIO (R-FL), wants to eliminate 1 out of every 10 federal employees over the next four years — eliminating almost half a million jobs during an ongoing unemployment crisis:
Since the federal workforce is 4.4 million people, Rubio’s bill would leave 440,000 Americans out of work at a time when unemployment is still about 9 percent nationally. Although the title of the bill misleadingly suggests that the elimination of 10 percent of the federal workforce would occur “through attrition,” the language of the bill, and its short timeline, make it clear that Rubio has mass layoffs in mind.
Occupy Wall Street now, but you might want to occupy the voting booth in 2012.