And we're suppose to trust them to nationalize Health Care, oversee the Auto Industry, and save us with Bailouts and "Recovery Plans"?!
Posted on 06/14/2009 1:26:26 PM PDT by BP2
Biden tells "Meet the Press" that "everyone guessed wrong" on the impact of the stimulus, economy was worse off than anyone thought. Backs away from the estimate that the funds could create or save 3.5 million jobs, instead promises 600,000 by the end of the summer.
(Excerpt) Read more at thepage.time.com ...
They’re “guessing” on a lot of things. I wonder if the press will ask them if their health care proposal is a “guess” too? Or the nationalizing of banks? Or taking over GM? etc....
I won’t hold my breath.
No “guessing” going on here at all. This stimulus crap wasn’t meant to make things better, that was not a factor in the least.
Biden is so dumb. He should have just stuck with the origional lie. That way, when unemployment reaches 15% by the end of summer, he could say it could have been worse, but we saved 3.5 million jobs. it's just that the economy was worse than we thought.
Best bet for all of us is that the Government Step Down. The economy needs this clownshow out of the way or we’ll just keep on losing jobs until everybody is unemployed.
Actually "everyone" didn't "guess wrong" Most of us, including the American public opposed this crap.
You and your merry band of incompetent morons need to stop the spending immediately, return the banks and automakers to private ownership, and reverse any changes to the nations defense posture.
Other than that, y'all need to crawl under a rock, shut up, and lawyer-up...big time.
You are right, it’s not a guess at all, it’s a planned strategy for the demise of America as we know it:
http://www.americanthinker.com/2008/09/barack_obama_and_the_strategy.html
Biden is an idiot. That giant toilet in Washington needs a double flush.
What mendacious and deceitful blame shifting.
The Dems did everything they could to scuttle our economy so as to give them an election issue.
The problem is that, while the Dems are whizzes at undermining things, it's in their DNA that they are not able to grow an economy out of a recession.
They started by encumbering trillions in debt, for nothing other than political payoffs and taking over the companies that THEY weakened.
They all seem to believe in a mysterious "multiplier" effect, that says giving away money at the lower end of the economic spectrum stimulates more economic growth than it costs.
It turns out that the "multiplier effects" are (IIRC) in the order of 0.8, meaning that they are "guesses" are based on the success of what must be the economic equivalent to cold fusion.
.
I thought the ruling elite were the smartest people in the room and that the Presidents charm and charisma would create jobs.
I didn’t... I knew it would kill the economy and it is.
“Guessed”
One more reason to oust these morons.
So did they/he.
No, Biden. YOU guessed wrong!! We who opposed you knew this all along. If you think it’s getting any better soon, you’re even more of a moron than we all thought.
The Administration should have known this because that was one of the chief complaints about the bill. A small fraction of the money going to job creation and much of that money will take years to get out of Washington.
A huge whopping pricetag for a crappy product. Sort of like a GM car on a trillion dollar scale.
The RATs are just like the Mohammedans; they're real good at destroying thing, but they couldn't prosper their way out of a wet paper bag.
Not “everyone” guessed wrong about the effect of the “stimulous” package.
Those of us receiving a passing grade in Econ 101, from other than a leftist professor, predicted correctly that it would fail.
Largely because those implementing it had no intention of “fixing” the economy. Rather the intent was to maximize the basis for Federal control.
“Everyone” meaning you and Barrack?
No question there was an agenda here; far from the crisis portrayed. Am wondering, of course; how long, was this on the table. The spring before the Election - when 'Chuck' Shumer first opened his mouth and predicted the failure of Fannie and Freddie?
Or. . .did Axelrod just have it all 'printed out'; 'ready to implement' per Communist Party's (USA) favored financial MO 'Economics for Dummies'. . .
Let's see, opposing the shamulus were Neil Cavuto, me, you, just about every FReeper and thinking conservative in the country, anyone who can actually count...have I left any out?
Can't find a liberal among them, though, so I guess nobody opposed it.
Like Yogi Berra said about a popular restaurant: "Nobody goes there anymore. It's too crowded."
First of all, only Obama and Co. “guessed” anything, and it would seem to me that they should have had something more than a mere “guess” when initiating something as massive as the porkulus.
Of course, anyone who knows anything about economics “knew,” not “guessed,” that the porkulus could only harm the economy.
Doing the mandatory reading between the lines....:
"Biden tells "Meet the Press" that "everyone guessed wrong" on the impact of the stimulus, Bush left us with an economy worse off than anyone thought."
Man up Joe and Obama....your spending spree ain't working!!!
Way too much “reaching across the aisle” by the Bush administration!
Resulted in lefty’s populating critical econ positions, and undermining our strength.
Golly Gee, Joe, does this mean that maybe the Tea Party protesters were and are...right? OUCH.
Are they all as clueless as Obama?
Bush left us alright, but the RATs, with the help of the Banking Queen, Freddie and Fannie, The Fed, Acorn and other leftist criminals created "an economy worse off than anyone thought."
The so-called stimulus is a contrived fraud. We are seeing the largest transfer of wealth from the private sector to the federal govt sector in our history. The private sector jobs will not return and Hussein Mugabe and his henchpukes know it.
You didn’t guess wrong, you deliberately lied thru your teeth.
lol. . .this should become Obama’s TOTUS Assistant. . .he should never travel without it.
No question about it. . .Bush became the 'can't we all get along' poster boy. And always, with the reciprocal 'smackdown'.
Biden, you're an idiot. And your boss is a bigger idiot.
Methinks that is exactly their intention...when we are all beholden to them to feed us and wipe our rear ends (with only two sheets of paper, no less)
Because most of their spending has to be given to Obama’s cronies or it isn’t going to get spent.
Maybe 100 trillion? Maybe a 1000 trillion?
Me ..., I knew it would fail. No guess work for me.
Plugs The Gaffer bump for later..........
Everyone may have guessed wrong but they sure didn’t miss the good crisis, did they?
Stimulus was meant to do something other than bring recovery....It’s part of the seizure program. IT REALLY DID WORK.
Or a triple flush, just like those silly "water saving" toilets the rat congress forced on America.
Either he wants to be a one-term president yet irreversibly change the country toward communism, or he is an idiot and really did think that running up massive debts on spending programs would stimulate the private sector. If the former is the case, he'll alienate many Dems in congress as their states/districts continue to decay. If the latter is the case, the man has no business running a 7/11, let alone the USA.
“...he’ll alienate many Dems in congress...”
Let’s hope you’re right.
We need the REAL Democrats to wake up, see what 0bama’s ilk are doing to this country, and resist with the rest of us freedom-minded Americans.
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