Posted on 07/07/2009 7:36:36 AM PDT by maggief
On Biden's comment that the administration "misread" the economy:
"No, no, no, no, no. Well, I would actually ... rather than say misread, we had incomplete information."
"What I would say is that in some areas you're seeing the economic engine turn but what we always knew was that A -- this recession was going to be deep, B -- it was going to last for a while."
(Excerpt) Read more at thepage.time.com ...
Don’t really want to watch it, but at what point did he finally get around to blaming everything on Bush?
Wait'll I get my Maalox.
Oops, “incomplete data” should not be in quotes.
He blamed in on the “incomplete information” they had.
More BS, basically.
“”No, no, no, no, no. Well, I would actually ... rather than say misread, we had incomplete information.””
LIAR!
Again, the Democrats definitively state, “We don’t know what the problem is, but trust us to fix it.”

“Obama lied, the economy died”
One - it wasn't the worst economy since the great depression - Carter's mess was bigger by almost every measurement. Two - The President only signs the budget. Congress drafts it and the Senate reconciles and approves it. Since Congress was controlled by the Democrats during the whole downward trend, Obama inherited his own party's economy. Bush shares some blame for signing the budget, but Congress and the Senate should get an equal share of the blame.
Is he saying his "Office of President Elect" was incompetent? I really don't think anyone was hiding economic information. Perhaps his aides were clueless from the start?
Or just maybe, it is impossible to spend one's way out of a recession and Obama has failed!
BTT!
This whole friggin government has got to go.They have gotten us into the biggest mess.These guys are addicts that need to get help in a nutward.Throw all of these loser sleazbags OUT!
A second economic stimulus package could still be on the table, President Obama suggested Tuesday as the unemployment rate hovered close to 10 percent.
In an interview with FOX News in Moscow, Obama defended the roll-out so far of the stimulus package passed in February, saying he knew the scope of the economic crisis would make recovery difficult no matter what.
“I think it’s important to understand that we’ve got a short-term challenge which, no matter how big our stimulus was, was going to be a challenge — partly because we’ve got fiscal constraints,” Obama said.
http://www.foxnews.com/politics/2009/07/07/obama-wont-second-stimulus-option-table/
Did Reagan know Gorbachev would tear down the wall?
Did General Bradley know he could take Omaha Beach?
What Obama is admitting to is that he is a failure as a leader.
Is Biden only now realizing that you truly cannot spend yourself out of crushing debt? That printing more and more dollars must ultimately reduce the value of each?
Wow, I feel so much better with him and Obama in charge.
“So based on incomplete information we decided to spend $1.8 trillion. We not completely stupid we’re brain dead morons.”
FLASHBACK:
http://www.washingtonpost.com/wp-dyn/content/article/2009/01/31/AR2009013101484.html
8 Questions on the Stimulus Package
Michael A. Fletcher
Washington Post Staff Writer
Saturday, January 31, 2009
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