Posted on 07/07/2009 4:13:20 PM PDT by Shellybenoit
Joe Biden's weekend statement that the administration misread how bad the economy really was, had been celebrated as just another gaffe by Obama's "Minister of LOL." Fact is that it was not another screw-up by Joe six-pack, it was part of a clearly orchestrated campaign by the Obama administration to make an excuse for the failure of the President's economic policy of high taxes, government control of major industry, and over spending.
The basic contention of the administration is that the estimates were made before they knew the economy was contracting at a annual rate of 6%. Not only were the administration projections made well after the rate of contraction was known, but for months before the numbers were released, economists were making doom and gloom predictions that the economy was much worse than assumed:
(Excerpt) Read more at yidwithlid.blogspot.com ...
“it was part of a clearly orchestrated campaign by the Obama administration to make an excuse for the failure of the President’s economic policy of high taxes, government control of major industry, and over spending.”
Ya think??
Biden and Zer0 are too dumb to know if they were lying or not!
They didn’t misread anything. They KNEW the stimulus would fail.
Obama lied the economy died.
lulz, I was waiting for someone to mention such given how the Dems, and antiwar Libs played the same exact tune against Bush on Iraq. *thumbsup*
I seem to recall that both Biden and -3bama were members of the senate. Do they admit that as members of this esteemed group they were totally unaware that the economy was tanking as they fiddled around? “I know nothing.”
As we all know it wasn’t as stimulus package. It was a payback to his supporters with taxpayer money.
The Gaffe Czar, or
The Czar of Barry's Woodshed
Not only were they Senators, they were in the majority. They didn’t inherit a mess, they helped create it, and in every campaign speech they declared “the worst economy since the Great Depression”. They are lying pukes and the media are star struck enablers.
I have said it Before and it is proven again this was NOT a stimulus plan It was Reparations To Acorn and the Unions.
For once Just dont accept the definition of this issue that the media and Obama are Peddling, this guy has been about getting even his whole life,if that it not obvious now to everyone you are all idiots
I have said it Before and it is proven again this was NOT a stimulus plan It was Reparations To Acorn and the Unions.
For once Just dont accept the premise of this issue that the media and Obama are Peddling, this guy has been about getting even his whole life,if that it not obvious now to everyone you are all idiots
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.