The Ed Show   |  September 28, 2011

34 economists say Jobs Act will fend off double-dip recession

The President's jobs plan calls for some sacrifice by the ultra-rich. We already know the American people agree with him. Now we know leading economists are on board, too.

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This content comes from Closed Captioning that was broadcast along with this program.

>>> in my playbook tonight, republicans continue to bash president obama 's jobs plan. they're calling it a second stimulus. mitch mcconnell says it's not serious. john boehner says it will not help the economy.

>> the president's proposals are a poor substitute for the pro-growth policies that are needed to remove barriers to job creation in america.

>> republicans say you can't tax the wealthy and create jobs at the same time. well, there's a new report out there that says republicans , that they are very, very wrong on this issue. president barack obama 's $447 billion jobs plan would help avoid a return to recession by maintaining growth and pushing down the unemployment rate next year, according to economists surveyed by bloomberg news. the survey of 34 economists says the american jobs act will increase the country's gross domestic product by .6%. it will add or keep 275,000 workers on payrolls, and it will lower the unemployment rate by .2% in 2012 . all good stuff. all of these factors will help prevent a double dip recession. so while the president criss-crosses the country making the pitch for his jobs bill, republicans are telling voters they would rather keep taxes low for millionaires than pass a bill to help the economy. there is the overwhelming support from voters for taxing those who make more than $1 million a year at a rate equal to everyone else. that includes tax on income, tax on investments. but take a look at this. even republicans agree with higher taxes on the rich. 66% of republicans want the wealthiest americans to pay more compared to 17%? and a majority of the anti-tax tea party members, well, look at this. they think the same way. they want higher taxes on the rich by a margin of 52% to 29%. the american people agree with this plan. economists agree with this plan. and the republicans ? they know it. stay strong, mr. president. the people are with you on this.

>>> chris christie goes after rick perry and now rick perry is changing his tune. we'll ask jim moore why perry seems to be answering to the governor of new jersey . that's next. when your chain