Remember how Bush was hammered repeatedly for later acknowledging that he should not have declared “mission accomplished” in Iraq?
WASHINGTON — Vice President Joe Biden said the Obama administration “misread how bad the economy was” but stands by its stimulus package and believes the plan will create more jobs as the pace of its spending picks up.
Biden, in an interview airing Sunday on ABC’s “This Week,” said the nation’s 9.5 percent unemployment rate is “much too high.”
“The figures we worked off of in January were the consensus figures and most of the blue chip indexes out there,” Biden said.
“We misread how bad the economy was, but we are now only about 120 days into the recovery package,” Biden added. More jobs will be created in coming months, he said. (more…)
Biden is still drunk on that “Hope” kool-aide. In the meantime, let’s put his theory to a quick reality test.
This is the latest chart comparing what was promised by the stimulus, what would have happened if there was no stimulus and finally what has happened with the stimulus.
But we are still to believe that more stimulus money will LOWER the unemployment rate.
I think someone was standing too close to the fireworks.
I mean, come on people! How much longer can you defend or ignore this nonsense?
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Isn’t this how Bush explained Iraq?
by Duane on July 6th, 2009 at 2:17 amRemember how Bush was hammered repeatedly for later acknowledging that he should not have declared “mission accomplished” in Iraq?
Biden is still drunk on that “Hope” kool-aide. In the meantime, let’s put his theory to a quick reality test.
This is the latest chart comparing what was promised by the stimulus, what would have happened if there was no stimulus and finally what has happened with the stimulus.
But we are still to believe that more stimulus money will LOWER the unemployment rate.
I think someone was standing too close to the fireworks.
I mean, come on people! How much longer can you defend or ignore this nonsense?
Sphere: Related Content