"Jobs Plans"

by Patrick Appel

Weigel finds the economic platforms of congressional candidates wanting:

The new jobs plans consist of ideas the parties always trot out, ideas that repeal unpopular things Obama has done, and, occasionally, numbers. In his plan, [Rep. Roy Blunt, R-Mo] suggests that stopping cap-and-trade legislation will save "more than 32,000 Missouri jobs." Of course, that legislation is stalled in the Senate, so there's nothing to save that hasn't already been saved by the filibustering talents of Mitch McConnell. Blunt also joins candidates like Illinois Democrat Alexi Giannoulias in calling for extensions to the homeowner tax credit. According to the CBO, a dollar spent on this credit adds only 40 cents to the GDP. But voters still like the sound of the homeowner tax credit.