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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


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