Wow. Our experiment is off to a great start—let's see if we can finish it off sooner than expected.
Rep. Eric Cantor, to the surprise of exactly no one, announced today that Republicans had summarily rejected President Obama's jobs bill. But all is not lost:
Mr. Cantor announced the House would consider elements of Mr. Obama’s jobs agenda in the coming month, including trade agreements the White House sent to Congress Monday and a tax break for government contractors.
So there you have it. The sum total of what the GOP is willing to consider is a trade pact with South Korea and a tax break for government contractors. Hold on a second while I perform a sophisticated econometric analysis of how many jobs this will create.
[Hold music playing.....]
OK, I've got it. None. This will have no noticeable impact on the economy at all. But then, that's the plan, isn't it?