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.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.