Predictably, the senate republicans unanimously agreed to filibuster and kill Obama's jobs bill. According to Macroeconomic Advisers, this bill could have created 1.3 million jobs in 2012 and raise economic growth by 1.25 percentage points. While this bill would not have been the solution for the crisis; it most certainly would have helped, according to the article, many economists were predicting some positive effects coming from this.
I have a lot of mixed feelings about this jobs bill. I don't know whether it would work as Obama has not really sent job policies that have had amazing results yet. But, I have yet to see any action from the republicans. To me, it seems that a lot of the republicans are just hiding behind pledges and motives. I could be wrong in saying that though, if I am, please correct me. In all, democrats are just going to rally that this plan had potential and that the republicans put it down and are impeding success; the republicans are going to say that they stopped a disaster, and in the end, there ends up being no plan whatsoever.
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