It’s a long way out of the Bush Hole, but you can almost see daylight. The February job report shows 220,000 private sector jobs were created, despite the job-killing Obamacare albatross. A long, long way to go and not as fast as anyone would like (excluding the GOP), but the trend and the number “8″ in front of the unemployment rate are at least somewhat promising:
(Net private sector jobs lost/gained, Red is Bush, Blue is Obama)
Rep. John Yarmuth, D-3rd District, said that one small provision in the GOP measure, if passed, could halt construction in areas such as Louisville where emissions permits are required.
He said the area’s construction would be endangered by a section in the bill that would bar the U.S. Environmental Protection Agency from approving or denying emission-related permits for such projects. Instead, that authority would be given to local officials.
However, Jefferson County does not yet have an EPA-approved regulatory process, and the EPA would be stopped from approving that as well under the Republican bill, he said.
In effect, the measure “would impose a de facto construction ban in Jefferson County,” Yarmuth wrote in a letter to Rep. Ed Whitfield, R-1st District, the chairman of the House Energy and Commerce Committee’s energy and power subcommittee.
Sure, we’ll lose jobs, but what will we gain in terms of Liberty?
Don’t get him wrong, Rand Paul likes the idea of borrowing money from China to give to American millionaires. He just doesn’t like the idea of preventing unemployed people from losing their home, not paying their gas bill, or not having enough for their children to eat this holiday season. Liberty!
“The most important thing government can do right now for the economy is to extend the Bush tax cuts. I would be for extending them permanently…If you’re going to extend and add new tax cuts, you should couple them with cuts in spending. Instead, we’re coupling them with increases in spending and I think that’s the wrong thing to do.
“So I’d be leaning against voting for it.”
That’s right, even though Kentucky ranks in the top 5 states in the country in percentage of children with an unemployed parent (1 in 8), it’s new Senator-elect wants to stick it to them, even though he’s getting his “most important thing” (borrowing from China to give to rich Americans).
In non-dinosaur riding news, here’s word from the White House on what it will mean for Kentucky if Republicans and the Blue Dogs continue to block the extension of unemployment insurance:
WASHINGTON—Failure by Congress to act on extending unemployment benefits will have stark consequences for Kentucky residents, according to a new report from the White House Council of Economic Advisers.
Over the course of the next year, nearly seven million workers across the country – including 81,005 in Kentucky – will lose the temporary support that helps them keep food on the table and make ends meet while they search for a job if Congress fails to act.
“Extending this support to those hardest hit by this crisis is not only the right thing to do, it’s the right economic policy,” said CEA Chairman Austan Goolsbee. “Letting millions more Americans fall into hardship will hurt our economy at this critical point in our recovery and immediately undermine consumer spending.”
Without extended benefits, Kentucky would have had 9,723 fewer jobs as of September 2010, and failure to act to extend benefits again could cost the state 7,146 jobs by the end of next year.
Benefits for the jobless are particularly important during the holiday season. In addition to providing support for families when they need it most, the positive effects of the program on the economy are likely to be greater since American families tend to spend more during the holiday season. In December alone, two million Americans will lose their coverage if Congress fails to act, the report finds.
Sorry, Kentucky. We only spend money on things that matter, like giving $37.5 million in tax breaks to a group that teaches children that Jesus rode on the back of a saddled dinosaur. Bah Humbug, I guess.