Posted on 07/05/2009 11:04:22 AM PDT by Danae
Big admission from Vice President Joe Biden today.
"The truth is, we and everyone else misread the economy," Biden told me during our exclusive "This Week" interview in Iraq.
Biden acknowledged administration officials were too optimistic earlier this year when they predicted the unemployment rate would peak at 8 percent as part of their effort to sell the stimulus package. The national unemployment rate has ballooned to 9.5 percent in June -- the worst in 26 years.
(Excerpt) Read more at blogs.abcnews.com ...
“The truth is, we and everyone else misread the economy,”
You wouldn’t know the truth if it bit you on the butt.
Right now, you are misreading the ‘will’ and ‘intentions’ of the patriots of our country... We ‘intend’ to take our country back and we ‘will’ do that by whatever means necessary.
Did anyone ask how many ways their stimulus, budgets, bills have hurt the economy?
One of the best comments on that blog observes that when Bush ‘misread’ intelligence on Iraq, it turned quickly into ‘Bush lied.’ So I think it is now safe to begin to repeat the same talking point about this bunch of idiots.
OBAMA LIED ABOUT EVERYTHING...
>Millions of people have become convinced that the Democrats are the equivalent of an invading army intent on destroying the nation.<
.
Like the rats care — they know that they have the country by the b*lls and will continue squeezing them.
They’re not misreading anything, they are misleading the country as part of their intentionional scheme to destroy this nation. People had better remember this time in our history and realize what the democrats are really all about.
>They might accidentially start letting little slivers of the truth out occasionally.<
.
The MSM will just paraphrase Pilate — Truth? What is truth?
Since Biden appears to have nailed the problem with the 0bama administration I now have an important question for him (actually many of the same design)...Have you misread the Iran threat like you misread the Economy, Have you misread the Terrorist threat, the issues of the American Medical Industry, the Banking problems ALL like you have misread the Economy?
Basically Biden admits they have been wrong from the start.
You actually need to fix it thusly:
“The truth is, we have no idea what the hell we are doing.”
Fingertip to nose. I think you are right.
W. Churchill said (paraphrased) - trying to spend your way to prosperity is like a man standing in a bucket trying to lift himself up by the handle.
HAHA! That works for me. I think I have me a new bumper sticker!
OBAMA LIED ABOUT EVERYTHING!
Cap and trade.
“Misreading” sounds better than “We have been lying.”
Everybody else? Bullshit, Joe. I saw this a mile away. Stevie Wonder could see it. Only you fools in Washington could not see it.
It isn’t all Bush’s fault, but he isn’t blameless either. Obama’s insanity (and I mean INSANITY) doesn’t vindicate Bush.
And the “quantitative easing” will ensure more malinvestments are made in the economy, further distorting any real recovery. GDP and unemployment statistics mean nothing without qualification.
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