Stolen from: http://curmudgeonlyskeptical.blogspot.com/
Posted on 07/05/2009 2:48:02 PM PDT by IbJensen
WASHINGTON - Vice President Joe Biden said the Obama administration "misread how bad the economy was" but stands by its stimulus package and believes the plan will create more jobs as the pace of its spending picks up.
Biden, in an interview airing Sunday on ABC's "This Week," said the nation's 9.5 percent unemployment rate is "much too high."
"The figures we worked off of in January were the consensus figures and most of the blue chip indexes out there," Biden said.
"We misread how bad the economy was, but we are now only about 120 days into the recovery package," Biden added. More jobs will be created in coming months, he said.
Biden noted that the $787 billion economic stimulus package was set up to spend the money over 18 months. Major programs will take effect in September, including $7.5 billion for broadband Internet service, plus new money for high-speed rail and the nation's electrical grid, he said.
Biden said it's premature to say whether the country will need a second stimulus package.
(Excerpt) Read more at msnbc.msn.com ...
Who’s “we” kimosabe?
The best thing that could be done with the porkulus is to stop it and keep what’s left.
Frontal Lobe damaged, confabulatory, verbal diarrhea mouth, neurologically impaired, certifiable lunatic, heartbeat away Biden can read?
Wow, that is news!
He misread whether a massive one trillion dollar porkulus bill would fix the problem.
I’ll bet Sarah Palin knew how bad it was getting.
Oh puh_leeze! You were telling us the was the worst economy since the Great Depression throughout the campaign. You told us we had to bailout the banks and spent $800 billion on a stimulus package. You did not misread how bad the economy was, you provided a stupid stimulus package that did not thing for the economy. $800 billion could have bought 15 million jobs if left to the private sector. But instead the stimulus did nothing but made things worse.
They didn’t “misread” a damned thing! They outright ignored every bit of advice that was contrary to the result they wanted to achieve. They are still doing it to this very moment.
Nancy Pelosi and Harry Reid have completely excluded the Republicans in their plans and remedies since The One was declared the winner, and Biden has nobody to blame but his Boss...
That's the old Clinton line.
Translation: “We misread how bad BUSH screwed up the economy. Nevermind we’re over 1/8 of the way through our term...”
Oh Plugs! Is this what you are reduced to??? Defending the policies of the man who you said a year ago wasn’t qualified to be POTUS because the office was no place for “on the job training”.
Boy, how far you have fallen! I bet you pray each night for Barry’s death so you can finally obtain the job you so desperately covet.
Ron Paul sure easily predicted the meltdown.
Come on Joe, you didn’t “misread”, you “misunderestimated”.
Stolen from: http://curmudgeonlyskeptical.blogspot.com/
Washington needs another fix to stay alive.Get the addicts out of Washington and get rid of o.These people will destroy America.
Joe, didn't you initially say you guys "guessed wrong?" Misread does sound a bit more professional.
I’ve gotta admit, I misjudged Hussein, too.
He’s an even bigger assclown than my initial estimate.
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