Home Budget, Economy As Cantor Moves to Kill Jobs, Is McDonnell Even Paying Attention?

As Cantor Moves to Kill Jobs, Is McDonnell Even Paying Attention?

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Moody's says the Republican Continuing Resolution plan would cost the jobs of 700,000 Americans. Considering how many federal workers live in Virginia, such a move would be sure to hit Virginia families especially hard. That staggering figure would go on top of the already mind-blowing jobless numbers:

  • There are 7.7 million fewer payroll jobs now than before the recession started in December 2007.
  • Almost 14 million Americans are unemployed.
  • Of those unemployed, 6.2 million have been unemployed for six months or more.
  • Another 8.4 million are working part time for economic reasons,
  • About 4 million more have left the labor force since the start of the recession (we can see this in the dramatic drop in the labor force participation rate),
  • of those who have left the labor force, about 1 million are available for work, but are discouraged and have given up.

It's the second independent economic analysis in recent days showing the Republican budget stopgap would be an economic disaster. Meanwhile, from his lazily misinformed comments on the massive cut in Metro funding in the House Continuing Resolution, it’s not clear Gov. Bob McDonnell is even fully engaged on the issue. Too busy trying to manage women’s bodies to govern Virginia’s economy?

  • pontoon

    The Repubs won the election saying they would focus on JOBS, JOBS, JOBS. Actually, you could say that is true.  Their Jobs, Jobs, Jobs rallying cry during the campaign has proven to be about destroying jobs instead of creating them.  The collective “So be it” attitude toward job loss, in the end, is going to be the Repubs Waterloo.

    Case in point is the Public Policy Polling that has been done in Wisconsin which shows how Republicans are turning against Scott Walker because he has over-reached with unions.  It won’t be long before the tide turns against Republicans in Washington for their job killing tactics and “So Be It” arrogance.

  • Jim B

    Cantor has had a couple of job fairs and the only jobs have been from the stimulus which he opposes. Those jobs that have come to Northern Va. which may be good for the area except for the tax giveaways have come from the expense of some other area. The dude talks about growth, but nothing he proposes promote growth.

  • VADEM

    is way to busy climbing his way up the national rethug ladder to worry about his constituents.

    He wants to be a star don’t ya know. And the morons in his district just keep electing him. I bet if you asked a regular working person what has he done for them, they would have no answer.