The Senate compromise recovery and reinvestment legislation provides for 12 to 15 percent fewer jobs created or saved than the House-passed Recovery and Reinvestment Act despite costing slightly more. The House-passed legislation creates or saves between 430,000 and 538,000 more jobs than the Senate compromise.
… The greater job creation in the House bill is because the balance is more focused on investment programs than on less effective tax cuts.
lots of words to read here, i suggest you all do
this was caused basically by what krugman has begun to refer to as the crazy 36.
I presume — I haven’t checked the roll call — that the 36 Senators who voted against cloture on the stimulus were the same 36 Senators who voted for the DeMint amendment, which would have replaced $800 billion of stimulus with $3.1 trillion of non-stimulative tax cuts. These, by the way, are the same people now accusing Obama of engaging in “generational theft.”
Anyway, this is the starting point for any analysis of the Senate from now on: 36 Senators — 87.8% of the Republican delegation — are irresponsible hypocrites.
