Moody's: GOP Budget Would Cost 700,000 Jobs
The Republican plan to cut government spending by more than $60 billion dollars will cost the unemployment rate dearly, according to a new report from Moody's Analytics.
According to Moody's chief economist Mark Zandi -- who the Washington Post reports "has advised both political parties" -- Republican plans to slash government spending will impact the GDP in such a way that would eliminate hundreds of thousands of jobs this year and the next.
Read the full article here. Discuss below.
|
1 readers like this.
Like it!
|
Comments
Post a Comment
Hello, .
