Brad DeLong: The 7% of GDP That America Totally Wastes
Today's War on Nate Silver: November 5, 2012

Doing Absolutely Nothing Over the Next Four Years Would Create 12 Million Jobs

That is the forecast baseline off of which effects of policies are estimated. All Mitt Romney is claiming with:

My plan will create 12 million new jobs over the next four years — helping lift families out of poverty and strengthening the middle class…

is that at the margin his nonexistent economic plan will not be positively harmful to employment growth.

Is that a good enough economic plan--barring its nonexistence--to win an election in America in 2012?

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