Heath Shuler ready to kill jobs bill

Politico reports Heath Shuler and the rest of the Blue Dogs are ready to kill the jobs bill because it requires a waver of the pay-go rules and would slightly increase the deficit. I guess Heath thinks that a decade of double digit unemployment is better than growing the deficit. He must have flunked Macro Econ in college. The Blue Dogs and the rest of the neo-Hooverites are determined to replay the Great Depression.

P.S. There are plenty of economist who are saying that a short term increase of the deficit by a jobs bill will actually decrease the deficit in the long run, by putting people back to work and returning tax revenues back to normal. Don't forget that 1/3 to 1/2 of the existing deficit is from decreased tax revenues caused by the economy cratering.

Comments

Shuler

Definitely not the sharpest tack in the carpet.

On the other hand Bob

On the other hand Bob Etheridge is working very hard in the house on the jobs bill.

I'm a moderate Democrat.

A voice of reason...

P.S. There are plenty of economist who are saying that a short term increase of the deficit by a jobs bill will actually decrease the deficit in the long run, by putting people back to work and returning tax revenues back to normal. Don't forget that 1/3 to 1/2 of the existing deficit is from decreased tax revenues caused by the economy cratering.

When you decide to run for office, cutter, I am on board, my friend.