Posted on 06/14/2009 1:26:26 PM PDT by BP2
Biden tells "Meet the Press" that "everyone guessed wrong" on the impact of the stimulus, economy was worse off than anyone thought. Backs away from the estimate that the funds could create or save 3.5 million jobs, instead promises 600,000 by the end of the summer.
(Excerpt) Read more at thepage.time.com ...
They’re “guessing” on a lot of things. I wonder if the press will ask them if their health care proposal is a “guess” too? Or the nationalizing of banks? Or taking over GM? etc....
I won’t hold my breath.
No “guessing” going on here at all. This stimulus crap wasn’t meant to make things better, that was not a factor in the least.
Biden is so dumb. He should have just stuck with the origional lie. That way, when unemployment reaches 15% by the end of summer, he could say it could have been worse, but we saved 3.5 million jobs. it's just that the economy was worse than we thought.
Best bet for all of us is that the Government Step Down. The economy needs this clownshow out of the way or we’ll just keep on losing jobs until everybody is unemployed.
Actually "everyone" didn't "guess wrong" Most of us, including the American public opposed this crap.
You and your merry band of incompetent morons need to stop the spending immediately, return the banks and automakers to private ownership, and reverse any changes to the nations defense posture.
Other than that, y'all need to crawl under a rock, shut up, and lawyer-up...big time.
You are right, it’s not a guess at all, it’s a planned strategy for the demise of America as we know it:
http://www.americanthinker.com/2008/09/barack_obama_and_the_strategy.html
Biden is an idiot. That giant toilet in Washington needs a double flush.
What mendacious and deceitful blame shifting.
The Dems did everything they could to scuttle our economy so as to give them an election issue.
The problem is that, while the Dems are whizzes at undermining things, it's in their DNA that they are not able to grow an economy out of a recession.
They started by encumbering trillions in debt, for nothing other than political payoffs and taking over the companies that THEY weakened.
They all seem to believe in a mysterious "multiplier" effect, that says giving away money at the lower end of the economic spectrum stimulates more economic growth than it costs.
It turns out that the "multiplier effects" are (IIRC) in the order of 0.8, meaning that they are "guesses" are based on the success of what must be the economic equivalent to cold fusion.
.
I thought the ruling elite were the smartest people in the room and that the Presidents charm and charisma would create jobs.
I didn’t... I knew it would kill the economy and it is.
“Guessed”
One more reason to oust these morons.
So did they/he.
No, Biden. YOU guessed wrong!! We who opposed you knew this all along. If you think it’s getting any better soon, you’re even more of a moron than we all thought.
The Administration should have known this because that was one of the chief complaints about the bill. A small fraction of the money going to job creation and much of that money will take years to get out of Washington.
A huge whopping pricetag for a crappy product. Sort of like a GM car on a trillion dollar scale.
The RATs are just like the Mohammedans; they're real good at destroying thing, but they couldn't prosper their way out of a wet paper bag.
Not “everyone” guessed wrong about the effect of the “stimulous” package.
Those of us receiving a passing grade in Econ 101, from other than a leftist professor, predicted correctly that it would fail.
Largely because those implementing it had no intention of “fixing” the economy. Rather the intent was to maximize the basis for Federal control.
“Everyone” meaning you and Barrack?
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