Chart of the Day: How Not to Create Jobs

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Chuck Marr of CBPP notes that the CBO recently studied a laundry list of job creation proposals and concluded that higher unemployment benefits had the biggest bang for the buck. “That’s not surprising,” he says, “given that jobless people are severely cash constrained and would quickly spend most of any incremental increase in cash and that, in turn, would lead to higher demand and job creation.”

But which proposal came in last? You’ll have to scroll wa-a-a-a-y down to the bottom of this chart to see it, but the answer is: a tax repatriation holiday for big multinational corporations. So riddle me this: What is Congress more likely to pass? A program that benefits the 99% and creates lots of jobs? Or a program that benefits the 1% and creates hardly any jobs at all? Hmmm….

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BEFORE YOU CLICK AWAY!

“Lying.” “Disgusting.” “Scum.” “Slime.” “Corrupt.” “Enemy of the people.” Donald Trump has always made clear what he thinks of journalists. And it’s plain now that his administration intends to do everything it can to stop journalists from reporting things they don’t like—which is most things that are true.

No one gets to tell Mother Jones what to publish or not publish, because no one owns our fiercely independent newsroom. But that also means we need to directly raise the resources it takes to keep our journalism alive. There’s only one way for that to happen, and it’s readers like you stepping up. Please help with a donation today if you can—even a few bucks will make a real difference. A monthly gift would be incredible.

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