Sunday, September 11, 2011

Romney’s Jobs Plan: Punts Short, Goes Long on Supply-Side Tax Cuts and Fiscal Austerity

Jared Bernstein has an excellent analysis of the Romney jobs plan -- it's generally more of the same ideas that were proven wrong in the 2000-2008 Bush administration. Supply-side economics benefit the wealthy more than the middle class -- how many times are we going to go down this road expecting a different answer!?

"I pored through Mitt Romeny’s jobs plan last night—it’s a comprehensive piece of work, worth a look. Unfortunately, Mr. Romney offers no solutions for our most pressing short-term problem: high unemployment and the weak job growth. And his long term strategy is based on supply-side measures that have long been associated more with budget deficits and upward wealth redistribution than with job creation."

http://jaredbernsteinblog.com/romney%E2%80%99s-jobs-plan-punts-short-goes-long-on-supply-side-tax-cuts-and-fiscal-austerity/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+JaredBernstein+%28Jared+Bernstein%29

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