« Say Anything Is Back | Main | Krugman: Senate Compromise Cuts Most Needed Parts Of Plan »

February 7, 2009

Senate Compromise Costs 1.25 Million Jobs

-- by Dave Johnson

Go read Firedoglake » Senate 'Moderates;€ Cut 1 1/4 Million Jobs from Stimulus Bill,

Using the CBO ratio of one job per $140,000 GDP, that means that "compromising" Senators managed to cut 1,271,000 jobs from the Senate stimulus package. In other words, the Gang of Four would lose even more jobs than the country has lost in the last two months, two of the highest job loss months on record.

Posted by Dave Johnson at February 7, 2009 2:43 PM


Post a comment

Thanks for signing in, . Now you can comment. (sign out)

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)

Remember me?

Email this entry to:

Your email address:

Message (optional):

Return to main page