I've been known to inadvertently publish an occasional typo, so I'm the last guy to condemn others for their own slipups, but there's a larger significance to this amusing story.
A typo in the House's latest jobs bill would freeze all major regulations until nearly everyone is out of a job.
A version of H.R. 4078 posted on the House Rules Committee website would put a freeze on significant regulatory actions until the "average of monthly employment rates for any quarter ... is equal to or less than 6.0 percent."
The glitch -- "employment" instead of "unemployment" -- would mean no more major regulations until unemployment hits 94 percent.
Now that they're aware of the typo, House Republicans are seeking unanimous consent to replace the existing legislation with an identical bill that fixes the error. But they're not going to get it -- House Democrats said overnight that they'll object to the change, effectively derailing the GOP's regulatory bill for a while.
Keep in mind, this is hardly a must-pass bill; it's one of those election-season measures House Republicans are pushing as a political stunt. House Dems don't see the need to play along, so they won't.
I mention this, though, not to point and laugh at legislative incompetence, but to highlight the larger significance of the underlying point: GOP lawmakers are convinced that regulations are standing in the way of job growth, so regulations should be halted until the jobs crisis passes. The problem is that the Republican argument doesn't make any sense -- and policymakers can't be expected to address problems they don't understand.
When the right first started pushing this line, there were detailed analyses from CNN, the New York Times, the AP, the Economic Policy Institute, the Wall Street Journal, and McClatchy newspapers -- relying on, among other things, BLS data, surveys from the National Federation of Independent Business, and Brookings research -- which all said the same thing: government regulations are not responsible for holding back the economy.
Arguably the most comprehensive report came by way of the Washington Post's Jia Lynn Yang, who concluded the government regulations the right complains about just don't have much of an impact.
Data from the Bureau of Labor Statistics show that very few layoffs are caused principally by tougher rules. Whenever a firm lays off workers, the bureau asks executives the biggest reason for the job cuts.
In 2010, 0.3 percent of the people who lost their jobs in layoffs were let go because of "government regulations/intervention." By comparison, 25 percent were laid off because of a drop in business demand. [...]
Economists who have studied the matter say that there is little evidence that regulations cause massive job loss in the economy, and that rolling them back would not lead to a boom in job creation.
GOP officials simply refuse to believe this, because their ideology tells them otherwise, but supply and demand still matter. Businesses aren't hiring more because they need more customers, not fewer regulations. Republicans are confronted with these pesky details and respond with an agenda that undermines demand and targets regulations anyway.
The typo is embarrassing, but the policy ignorance is worse.





http://www.facebook.com/photo.php?fbid=10150977714302875&set=p.10150977714302875&type=1&theater
Transparency stops a lot of corruption problems.
I'm thinking a lot of Mexico's problems have Socialist answers,, so the U.S. will never help...
Always nice to have the morons out early, demonstrating to we members of the human race (which you morons aren't) just how stupid you have to be to pass the IQ test low enough to be a member of the species Homo Sap.
Some regulations create jobs e.g. clean up your own mess.
Barney Frank was demanding of McConnel, "name one regulation you want to get rid of, name one".. McConnel wouldn't.
Republicans want big biz to be able to commit and get away with fraud and pollution...
Good for the Dems. They are finally starting to fight back by obstructing Republican efforts. This should be a warning to the Republicans and any future Republican president. Payback is a bitch.
You know your last line there is one reason so many people are absolutely @!$%# scared of liberals having power.... there's no interest in the country... just payback is a bitch. WOW.
David James: like all bullies, you scum are scared to death of the day coming where you'll actually have to own up to your crimes. 140 years worth of Repuclican crap, to be specific. You people have ALWAYS been the problem.
@David James
Right. Liberals are only interested in payback. That is why they enacted Social Security, Medicare and the Civil Rights Act. Just to get even with conservatives -- sarcasm intended.
To be fair, the Republicans have really only been the Party of Unalloyed Evil since about 1992. Nixon put them on the path when he sucked all of the racists out of the Democratic Party, but it was really Bill Clinton's defeat of a Republican president they despised and only weakly supported that sent them irrevocably around the bend.
The "job creator" is the consumer. Demand, not supply, has always been the economic driving force. If there is no buyer, there is no sale.
Consumers will happily play the game, even go into debt, as long as they feel they're not being screwed too hard. Lately, consumers have been sitting out the deal. They suspect that , maybe, the cards are marked. No-one knows what will happen if trust in the system is totally lost. We know what happened last time, in the '30's, the world was plunged into WWII. (I contend the war was a result of economic chaos)
I don't believe that GOP lawmakers believe any such thing. Maybe a few of the TeaPubnicants who are ignorant of most facts do, but real GOP (if there is any such person anymore) - NO. They are just wasting time pretending to work on Jobs, Jobs, Jobs and the Dems are obstructing them. Boo Hoo Waa Waa.
Unfortunately, their audience believes it because they want to. Hopefully, there are more people than not who have an attention span beyond a paragraph or sound bite who are paying attention.
I have to believe this or I will be depressed for the rest of my life!
I have an idea, instead of fluff & nonsense that the GOP's been doing since they took over - hey Bonehead what about those JOBS, JOBS, JOBS that you promised Americans would start popping up once the GOP took back the Congress?!
It's real JOBS not regulations! Of course regulations requires that people get hired to inspect the roads/chicken farms/bridges/water quality/air quality/etc. which would mean more people get hired which puts money into the economy & people's pockets which in turn they would spend thereby stimulating the demand for more goods and services.
Oops wait, that's logic & common sense a level that is far too difficult for GOTP'ers!
The problem is that the Republican argument doesn't make any sense
The problem is that any Republican argument doesn't make any sense.
There, fixed it.
The Democrats should put this in an ad, and let the GOP explain that it was a typo. REPUBLICANS VOTE FOR 94% UNEMPLOYMENT!
Anything the teapubs do is the result of big brain pharts. I've never been impressed because they all stink.