Biden claims stimulus which won't help until next year has already exceeded expectations

Sep 03, 2009 13:14

Yes, you read that right. Vice President Joe Biden is claiming that the stimulus has created a whopping 140,000 jobs and is doing more "than we hoped".

Talk about being out of touch with reality! Biden did not explain how the stimulus was doing more even though the economy is much worse than the Obama administration had predicted it would be if the stimulus bill passed.

Even more disconnected is the brewing claim from the Obama administration that passing a multi-trillion dollar health care spending bill will improve the economy (or that not passing it will make the economy worse).

And we're still waiting for liberal economists to explain why a debt situation at least twice as bad as that during the Bush years (even after adjusting for inflation) is not a problem while the debt situation during the Bush years was labeled a calamity by those same economists.

The American people know snake oil when they see it! The Obamanation spend-all cure-all proposal is being seen for what it really is: a sub-prime offering that will bankrupt the country.

joe biden, federal spending, hypocrisy, economy

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