Steve Benen: About a year ago, the job market looked a lot like it does now – after a strong winter, the economy stumbled badly in May and job growth stalled. Once the Republicans’ debt-ceiling crisis was resolved, President Obama shifted gears, refocused his agenda, and unveiled the American Jobs Act.
…. Despite public clamoring for action on jobs, congressional Republicans reflexively killed the AJA, saying it was unnecessary … For GOP policymakers, this was a time when Washington should stop investing in job creation and start focusing on austerity – lower the deficit, take capital out of the economy, and everything would work out fine.
As panic sets in after this morning’s brutal jobs report, take a moment to consider a hypothetical: what would the economy look like today if Congress had followed Obama’s lead, responded to public-opinion polls, and passed the American Jobs Act? In 2012, do you think the nation could use those 1.3 million jobs or not?
Are we better off now as a result of Republican obstructionism and intransigence, or would we have been better off if popular and effective job-creation measures had been approved?
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