GOP Budget - One step forward and two steps back
I know I talk a lot about the GOP Budget that Cory Gardner cosponsored. Gardner hates the health insurance exchanges that promote choice and competition. Gardner hates community health centers. And with his votes, Gardner back big oil company profits over senior citizens.
What else is there to say about the GOP spending bill? As it turns out, not only does the bill cripple services that the entire nation depends on, ruin our future chances of success as a nation (infrastructure, research, innovation all gone), and roll back a lot of progress from the past few years, the GOP budget Gardner supported will slow our precarious economic growth and will increase the unemployment rate.
[iframe http://www.youtube.com/embed/i4G4tFINFL0 480 390]
According to the LA Times, an economic analysis of the budget, prepared by Goldman Sachs for its clients, indicates that the budget cuts passed by the House will reduce the economic growth of the U.S. GDP by approximately 2% for 2011. According to the analysts, that "essentially cut(s) in half the nation's projected economic growth for 2011."
Further, Democratic leadership is saying that the budget will destroy about 800,000 jobs across the nation. Some are in the public sector, but a lot are construction jobs, education jobs, health jobs, and public safety jobs. It's not all bureaucrats and the like.
Now, sure that may be a bit exaggerated, but using January 2011 numbers from the Bureau of Labor Statistics that would be an increase in the unemployment rte from 9.0 percent to nearly 9.6 percent.
That's what Cory Gardner wants to do as part of the first major bill to head through this Congress? He wants to obliterate our chances at economic recovery while simultaneously increasing the unemployment rate? What happened to creating jobs and fixing the economy? Or has being in Congress already distracted you from those ideas?