Posted on 07/05/2009 9:11:46 AM PDT by blueyon
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.
(Excerpt) Read more at foxnews.com ...
We are being led by Dumb and Dumber...if they just left it alone maybe we would have been out of this by now with out all the added debt.
We aren’t even through year 1....oh my America...what have you done?
“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.
What a moron!
It’s the government spending that is making it worse and NOT creating any new jobs.
b.s.
this POS clueless cretin couldn’t find his a$$ with his hands tied behind his back
Every time I see Christina Romer, I think we are in more trouble that we realize.
Biden: I and Obama are just stupid idiots.
I just don’t understand how the administration thinks that being completely wrong about the economy somehow warrants continued trust in their ideas.
Hey, I know “stimulus” was never really about improving the economy, and this latest is just a talking point. I’m just saying, it’s a stupid talking point.
Their solution is the same wrong headed solution as was FDR's,
shalom b'SHEM Yah'shua HaMashiach
which led to a world-wide depression and the ascent of Hitler.
Perhaps their stimulus was not so stimulating???
Help me to see something RATIONAL in that Biden statement.
Obama is literally destroying America, right before our eyes. Do they really believe ALL can work for the government? The private sector is DYING.
two things...
1)Just gives proof to the fact that these so called smart libs aren’t so smart and don’t know jack...
2) they were fully aware of how BAD things were but thought their failed liberal policies and smoke and mirrors would do the trick as they claimed it would during the election and after. They were partly right. Their policies did work but in the wrong direction and made the economy worse. History has shown that moves like they have made make economies worse.
OF course, #2 is the right answer and Biden knows that. Now they are spinning it and will most likely claim the Bush Administration “mislead” them...
he misread the cold war and iraq. he’s been wrong on everything.
Please don’t ticket me, officer, for going 95mph in the school zone... I misread my speedometer. :o]
Joe and Barry could misread a red and white octagonal sign saying "STOP".
The stimulus package is creating a lot of new jobs.....if your chosen profession is “Government Bureaucrat”.
Socialism is dying everywhere. Just read this on Breaking news on Twitter:BreakingNewsExit poll: Bulgaria’s GERB party gets 117 seats while Socialists get 39 out of 240 in parliamentary election.
What did we get more of cabinet Czars or policeman?
A lame statement substituting for “We have an agenda and we really don’t care about you.”
I guess the good news here is that they are feeling compelled to acknowledge this. They must be under pressure to do something or they would have just kept quiet.
Policemen are not government bureaucrats. They have a legitimate function. Obama’s new and varied czars do not.
They spent a year saying it was the worst since the depression while things were rolling good....so they just said that and didn’t mean it I guess.
There will be no recovery until we start producing. We have been trying out the sell only economic model with Walmarts, Shopping Centers and strip malls. The consumer lack of earning money is obscured by the government providing consumer stimulus to keep goosing up the sale only economy.
That well is now running dry. We have to restore the economy the old fashioned way - produce it here. MAKE HERE MAKE NOW.
“Biden: ‘We Misread How Bad the Economy Was’ (OR MAYBE YOU WERE JUST PLAIN WRONG!)”
Or other options:
Intentionally trying to destroy the country.
Just plain fools.
This isn't acknowledging anything except a backhanded way of trying to say,
"America is beginning to realize how much we've ruined the economy, trashed the Constitution, and implemented socialism, so now we're trying to back into another way of keeping the 'crisis' alive while pointing the finger at Bush, and hoping you don't realize that it was a Democrat congress that $crewed you."
Add to that, cap and trade, Honduras, Iran, North Korea, defense spending, Venezuela, Israel, Niger, auto maker bailouts, bank bailouts, Supreme Court nominees, selecting a wife, what else am I missing?
"Misread"? Weren't these the two who kept telling us this was the worst economy since the great depression?
They didn't misread anything . . . they made it worse.
I'm emphasizing your point.
We most likely have more czars placed then new police in Columbus OH via the stimulus farce.
Then at the 9AM Newsbreak they led in with the same soundbite BUT they cut off the "that they inherited" part.
I did not watch (or will not for that matter) the show on ABC that it came from so I don't know the exact qoute from Biden BUT if ABC Radio News ad libed the "that they inherited" part then I would consider that a nice little "Blame Bush astroturfing" trick.
Anyone else catch this?
ex-snook is exactly right when he said:
Biden doesn’t get it. Nor does Obama. Nor did Bush and Cheney. It’s the exported jobs, stupids.
There will be no recovery until we start producing. We have been trying out the sell only economic model with Walmarts, Shopping Centers and strip malls. The consumer lack of earning money is obscured by the government providing consumer stimulus to keep goosing up the sale only economy.
That well is now running dry. We have to restore the economy the old fashioned way - produce it here. MAKE HERE MAKE NOW.
The problem is that the ENTIRE 0zer0 agenda is to PENALIZE the private sector, or better yet, to socialize it and make it a part of the government. 0zer0 has no idea for jobs, except his utopian “green” jobs that will never happen.
If a ‘pubbie said this, the headline would be “’Misread’ or
‘Mislead’?” and they’d be chanting “-—— lied, the economy died”.
Evil
There is nothing "wrong" or "accidental" or "mis-calculated" about it. Their evil actions are destroying the American nation, Constitution, people, and chances of survival, exactly as they planned, exactly as we announced they would beforehand.
Slow-Joe needs to stay out of the deep end of the Think Tank.
“We are being led by Dumb and Dumber”
I refer to them as Junior and the Joker.
“Vice President Joe Biden said the Obama administration “misread how bad the economy was” “
Ok, do what you insisted the CEO of GM do and STEP DOWN NOW!!!!
Partly right, they were just wrong, but they did not misread anything because they KNEW FULL WELL how bad it was and that it is getting worse. That was the plan from the onset.
“Never let a good crisis go to waste”, stated by Rahm and Hillery!
Obama - The spoiled arrogant lying child with the parents, the U.S. tax payers credit card with no credit limits, and his clueless friends, elected officials in Washington, on an endless spending spree with no concern about paying the bill.
BINGO!!!!!
Agree 100%
Translation: “We’re still not sure how we will blame this one on Bush.”
Fixed your headline for you...
THANKS
We are being led by Dumb and Dumber...
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We are in the early stages of a monumental depression, the thirties depression will soon look like the good old days. It might not need to be that way but the communist in the white house will make certain that it goes on until we are completely ruined, all the while telling us that prosperity is just around the corner. The government is doing NOTHING, ABSOLUTELY NOTHING but worsening a bad situation. Anything that might actually help will be shouted down as if it were the ravings of a lunatic.
I’m just saying, it’s a stupid talking point.
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The election of the jugeared communist is proof to them that it is best to use stupid talking points to address stupid voters. He was not elected by people who are filled with wisdom.
“The figures we worked off of in January were the consensus figures and most of the blue chip indexes out there,” Biden said.
WTF is he talking about? Obama doesn’t even know what a P/E ratio is.
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