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Economics

Republicans’ Job-Growth Supply-Side Time Warp: Ramesh Ponnuru

June 7 (Bloomberg) -- Republicans are trying to change the subject from deficits and entitlements to the economy and jobs. In recent weeks, House Majority Leader Eric Cantor and Senator Rob Portman have each introduced jobs plans. This new focus is in part a reaction to polls saying that the Republican Medicare plan is unpopular and that the weak economy remains voters’ top concern.

But it also reflects an old division among Republicans -- and reveals the inadequacy of the party’s recent approach to reviving the economy.