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Biden says economic stimulus meeting its goals
AP via Google News ^ | August 4, 2009 | By DARLENE SUPERVILLE

Posted on 08/04/2009 11:28:23 AM PDT by Oldeconomybuyer

WASHINGTON — Vice President Joe Biden cited more positive economic data on Tuesday, using it to buttress the Obama administration's argument that its $787 billion stimulus program is doing its job and revving up the economy.

"I can tell you today, without reservation, the Recovery Act is working," Biden told reporters after a White House meeting about the stimulus program with members of the administration's economic team. President Barack Obama was not present.

Nearly six months after Obama signed the stimulus program into law, the administration is trying to counter criticism, as well as perceptions, that the program has failed to create thousands of promised jobs.

"Our critics say they don't think this program is helping," he said. "It is helping. I think it would be hard to tell the young family who just bought their first home because of the tax credit or the thousands of people who just traded in gas-guzzlers for more efficient cars that this is having no impact."

Despite signs of progress, Biden cautioned that full economic recovery is still a long way off.

"Less bad is not good," he said.

(Excerpt) Read more at google.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: bhostimulus; hairplugs; obamanomics; porkulus; socialism; third100days; vpbiden


1 posted on 08/04/2009 11:28:24 AM PDT by Oldeconomybuyer
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To: Oldeconomybuyer

BIDEN!!!....YOU’RE AN IDIOT!!!


2 posted on 08/04/2009 11:29:28 AM PDT by AngelesCrestHighway
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To: Oldeconomybuyer

How can it meet its goals if it hasn’t been spent yet?


3 posted on 08/04/2009 11:31:15 AM PDT by RexBeach
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To: Oldeconomybuyer

Biden is mentally challenged for him to steady spout the loud of BS he continually does...


4 posted on 08/04/2009 11:33:08 AM PDT by cranked
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To: Oldeconomybuyer
“Biden says economic stimulus meeting its goals”

Yup. It's goals of ruining the American economy for good.

http://1.bp.blogspot.com/_r1AxIJszWSA/SmzofxuTooI/AAAAAAAABz0/zljTiXef9LM/s1600/job%
http://4.bp.blogspot.com/_r1AxIJszWSA/SmzpewRSmhI/AAAAAAAAB0E/p2Tfxdy0Mok/s320/obama+meet+the+press+graph.JPG

5 posted on 08/04/2009 11:33:41 AM PDT by SmokingJoe
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To: RexBeach

It is. The goal is to not cut government.


6 posted on 08/04/2009 11:34:53 AM PDT by screaminsunshine (!!)
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To: RexBeach
The gift that keeps on giving. 500,000 jobs lost a week was its goal. 2 consecutive quarters of negative growth. Wow I wish you would have told us.
7 posted on 08/04/2009 11:34:58 AM PDT by scooby321
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To: Oldeconomybuyer

We need Obiden art ... How about a Obiden stylized goofy character.


8 posted on 08/04/2009 11:34:58 AM PDT by Tarpon (You relinquish your responsibilities, you surrender your rights.)
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To: Oldeconomybuyer
"Less bad is not good," he said.

The man is a genius!!!

9 posted on 08/04/2009 11:35:29 AM PDT by avacado
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To: Oldeconomybuyer
Biden says economic stimulus meeting its goals

Biden proves once and for all that there is a REASON we call them the "loony left"!! There's also a reason that zero tries to keep him from public view and taking his meds on a regular schedule!!

10 posted on 08/04/2009 11:38:19 AM PDT by DustyMoment (FloriDUH - proud inventors of pregnant/hanging chads and judicide!!)
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To: Oldeconomybuyer

Stand up Joe!


11 posted on 08/04/2009 11:38:19 AM PDT by dainbramaged (If you want a friend, get a dog.)
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To: Oldeconomybuyer

A couple weeks ago he made a gaffe and said it wasn’t meeting it’s goals.


12 posted on 08/04/2009 11:39:39 AM PDT by BigSkyFreeper (Stop meddling in the affairs of countries and individuals Obama!)
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To: Oldeconomybuyer
Biden says economic stimulus meeting its goals

. . .to socialize America.

13 posted on 08/04/2009 12:00:27 PM PDT by MEGoody (Ye shall know the truth, and the truth shall make you free.)
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To: Oldeconomybuyer

Yes, the goal is to establish the first increment of control over the entire U.S. economy.


14 posted on 08/04/2009 12:02:17 PM PDT by G Larry ( Obamacare=Dying in Line!)
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To: RexBeach

I remember when a reporter would have asked that question...

Say Joe, how much of the stimulus money has been spent, and of that, how much actually went for stimulus projects?


15 posted on 08/04/2009 12:37:27 PM PDT by ltc8k6
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To: ltc8k6

By Mr. Obama’s standards, any capital outlay for any reason IS a stimulus. He has said as much.

Thanks for your post, I agree.


16 posted on 08/04/2009 12:41:49 PM PDT by RexBeach
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