Posted on 06/26/2010 8:02:51 AM PDT by Zakeet
Vice President Joe Biden gave a stark assessment of the economy today, telling an audience of supporters, "there's no possibility to restore 8 million jobs lost in the Great Recession."
Appearing at a fundraiser with Sen. Russ Feingold (D-Wisc.) in Milwaukee, the vice president remarked that by the time he and President Obama took office in 2008, the gross domestic product had shrunk and hundreds of thousands of jobs had been lost.
"We inherited a godawful mess," he said, adding there was "no way to regenerate $3 trillion that was lost. Not misplaced, lost."
(Excerpt) Read more at cbsnews.com ...
If you can't handle it, resign.
But . . . But . . . http://www.freerepublic.com/focus/f-news/2499438/posts
But . . . But . . . http://www.freerepublic.com/focus/f-news/2499438/posts
When we investigate your private slush fund; Joe; you will be lucky to see the light of day from your jail cell.
The Obama Administration and the Nancy Pelosi and Harry Reid crowds in the Congress are now in the very process of fixing the economy to their liking, which they consider the unconscious desire of the American people. Economic growth rates should fluctuate around negative four percent per year. The government share of the economy, now already 62%, nevertheless should increase until it practically swallows the last vestige of the remnant private economy, which in decades and centuries past once built and sustained the American middle class.
Such creature comforts as heating, air conditioning, electricity, fuel, motor vehicles, and broadband communications should be increasingly concentrated in the homes of the wealthy (and of high-ranking government bureaucrats and elected officials) and in government offices at the expense of access thereto for ordinary people.
Government will acquire large portions of the economy, entire sectors, effectively forbid private competition, and drive these sectors inevitably toward oblivion, especially in their capacity to provide goods and services to ordinary Americans.
Jobs will be few with new openings overwhelmingly in government and most Americans starving in the streets for want of some economic opportunity to pay their mandated taxes. Demographics will support population decline to comport with the shrinking economy. Food availability even may decline for large segments of the population.
I hate it when that happens!
He’s a real A Hole, isn’t he?
If the government would get out of the way, we could do this.
God help us in our day, in Jesus name, amen.
They have been charge for the last 18 months and they are still blaming Bush. Pathetic.
I can see their 2012 campaign. It is Bush’s fault even though he hasn’t been President.
Speaking of stupidity and Czars, Dick Turban is requesting OBOZO appoint a “Carp Czar”! Really!!!
http://www.chicagobreakingnews.com/2010/06/durbin-asks-obama-to-appoint-carp-czar.html
Since the Dems took over Congress and Senate in 2007 the nation has slipped downward economically. In the late 90”s Clinton rode the tech gravy train and also signed on to the GOP congress budget measures. GWB tried to play footsies with Dems and spent like a drunken liberal.
Now we have the real new deal with those drunken wild liberals spending us into oblivion.
INSANE! Because they can!!!!!!!
“Reagan could have!”
Reagan inherited a “mess” about as large as Obama did (except that both inflation and interest rates were at double-digit levels). He turned the economy around MUCH faster than this president, creating 16 million jobs in the process. Reagan was a “can-do” president who had faith in private enterprise and knew that if tax and regulatory barriers were removed, the economy could and would grow like topsy. It did.
Obama-Biden is a “no we can’t” administration whose contemptuous attitude towards private enterprise and profit-making have been unmistakable. Biden is right when he says “we” can’t recover all the jobs lost. He and his partner are not up to the task, as that would require policies that are the polar opposite of what has been put into place. These guys are clueless.
I concur with another poster that Michael Steele now has a terrific quote around which to create a devastating campaign that contrasts the records of a Republican and Democrat presidents when confronted with similar economic challenges.
This has to be an intentional effort to destroy the country, because nobody can be that stupid!
Bingo.
Except, back on the 1970's, it was at least somewhat understandable that many people actually believed that.
But now, in 2010, we're just a few years passed the longest period (1983-2007) of continuous economic growth, and the greatest creation of wealth, not just in American history, but possibly in all of human history.
And yet, we have elected leaders claiming what was so recently demonstrated and proven, can't possibly be done.
It's maddening. It's the economic equivalent of holocaust denial. Hell, it's like denying the holocaust while standing in front of the just cooled ovens, surrounded by piles of empty Zyklon B canisters.
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