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Biden: We Can't Recover All the Jobs Lost
CBS ^
| Saturday June 26, 2010
| Stephanie Condon
Posted on 06/26/2010 2:45:15 PM PDT by Bigtigermike
Vice President Joe Biden gave a stark assessment of the economy today, telling an audience of supporters, "there's no possibility to restore 8 million jobs lost in the Great Recession."
Appearing at a fundraiser with Sen. Russ Feingold (D-Wisc.) in Milwaukee, the vice president remarked that by the time he and President Obama took office in 2008, the gross domestic product had shrunk and hundreds of thousands of jobs had been lost.
"We inherited a godawful mess," he said, adding there was "no way to regenerate $3 trillion that was lost. Not misplaced, lost."
(Excerpt) Read more at cbsnews.com ...
TOPICS: News/Current Events; Politics/Elections
KEYWORDS: bho44; biden; biteme; democrats; economy; elections; obama; vpbiteme
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To: FormerACLUmember
The vast stimulus bills were a total hoax.The stimulus has succeeded brilliantly. It and other "emergency" spending bills have lined the pockets of democrat constituencies with over a trillion dollars. That was the purpose. Nothing else.
These people are looters. Grab as much as you can as fast as you can, and the devil with tomorrow. Given the chance they will do to America what the UAW did to GM.
61
posted on
06/26/2010 5:53:04 PM PDT
by
sphinx
To: Bigtigermike
Attn: Vice President Biden
Reagan: Jan 81 to Dec 88, 16.3 million jobs
Tremendous tax cuts and deregulation.
Clinton: Jan 93 to Dec. 2000, 22.8 million jobs
Relatively tax neutral, large spending cuts and entitlement reform after 94.
Bush 43: Jan 2000 to Oct. 2008, 4.4 million jobs
Tax cuts early. Even with 9/11, the ensuing 2 wars, Katrina, and the mortgage meltdown, even Bush created jobs.
62
posted on
06/26/2010 5:58:43 PM PDT
by
Bryan24
(When in doubt, move to the right..........)
To: FrankR
Great picture and message.
63
posted on
06/26/2010 7:50:54 PM PDT
by
RedMDer
(Throw them all out in 2010... Forward with Confidence! Forward!)
To: sphinx
The stimulus has succeeded brilliantly. It and other "emergency" spending bills have lined the pockets of democrat constituencies with over a trillion dollars. That was the purpose. Nothing else. These people are looters. Grab as much as you can as fast as you can, and the devil with tomorrow. Given the chance they will do to America what the UAW did to GM. 100% dead on accurate.
Tge "detoxification" is going to be hard as these parasites are defunded.
64
posted on
06/26/2010 8:11:19 PM PDT
by
FormerACLUmember
("Subtlety is not going to win this fight": NJ Governor Chris Christie)
To: Bigtigermike
Oh, Joe, go drink yourself into a stupor and shut up.
To: Bigtigermike
Didn't V.P. Joe Bidet, at one point, say:
"The stimulus is working better than expected."
To: Bigtigermike
We Can't Recover All the Jobs Lost
What he meant to say is that:
We, the liberals, progressives, socialists, don't know how to recover all the jobs lost.
Which just means what we've known to be true historically: socialism just kills jobs and has no way of restoring whatever was lost.
If the government just got out of the way of the free market, we no doubt would be well on the way into a full recovery within five years and then some.
67
posted on
06/27/2010 7:13:17 AM PDT
by
adorno
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