...BUMP!
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Posted on 07/06/2009 5:11:02 PM PDT by Kaslin
Stimulus: "The truth is, there was a misreading of just how bad an economy we inherited," Vice President Joe Biden told ABC News. Really? What about the "worst economy since the Great Depression"?
That was the pretense for not only the stimulus, but for the federal takeover of the U.S. auto industry and the quasi-takeover of the U.S. financial industry. It's also the underlying premise for both nationalized health care and massive new taxes to cut CO2 emissions.
If the stimulus passed, the White House vowed, unemployment would peak at 8%. Today, it's 9.5% — and rising.
"The truth is, we and everyone else misread the economy," said Biden. He used that phrase — "the truth is," or something similar — at least three times in a talk with ABC's George Stephanopolous. But the "truth is" something quite different.
Many voices — including ours — were raised in opposition to the stimulus when it was debated. We didn't "misread" the economy. We knew from history that, left alone, it would get better without government meddling.
(Excerpt) Read more at ibdeditorials.com ...
He still managed to blame ‘the previous administration’. What a bunch of weasels.
This is what criminals do, always blame the victim
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If Bush and the republicans been fiscally responsible or even if Bush had fought Pelosi and Reid when they took over from the big spending republicans, we might have the credibility to blame our current situation on the congressional dems and their big spending and for ruining the Bush economic boom.
The economic and political stupidity of signing the demonrat budget and the damage done since truly was/is Bush's fault.
Our government is absoluty corrupt, treason is what has been commited by most democrat members of congress and our media, and yes even some republicans in congress too.
“When in the course of human events......”
“A people unwilling to use extreme violent force to defend liberty deserves the tyrant that rules them.” SP 2009
Our government is absoluty corrupt, treason is what has been commited by most democrat members of congress and our media, and yes even some republicans in congress too.
“When in the course of human events......”
“A people unwilling to use extreme violent force to defend liberty deserves the tyrant that rules them.” SP 2009
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