Biden: Stimulus Spending Wasn’t Sold On Keeping Unemployment Low

Here’s an interesting exchange between Vice President Biden and MSNBC’s Dick Gregory, who is showing a rather shocking (for an MSNBC employee) lack of deference. Pay particular attention at the beginning to Biden’s assertion that the “stimulus” spending spree wasn’t sold on keeping unemployment low:


Biden claims that the “stimulus” spending spree was never sold on keeping unemployment under 8%. Yet here’s a (now-infamous) graph from a report issued by chief Obama economist Christine Romer indicating what unemployment would be without the “stimulus” spending spree (light blue line) and what it would be with the “stimulus” spending spree (dark blue line). Note that the latter curve peaks out just under 8%:
image

Clearly, the Obama administration was trying to give the impression that the “stimulus” spending spree would keep unemployment under 8%. And now, because they’ve failed miserably per the updates in red on the graph which indicate where unemployment has actually gone, they’re trying to revise history.
Because Obama and his people think we’re stupid.

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  • http://www.kenmccracken.blogspot.com/ Ken McCracken

    Heheheh I was HOPING there was a video out there of this trainwreck.

    Didn't find it though.

  • isit2012yet?

    Revise History ?
    You are surprised?

    This is the OBAMA MO !

    Get used to it until 2010 …..

  • Mickey

    Take Back America

  • http://ndgoon.blogspot.com/ goon

    Plugs Biden is a moron and I love watching him making all of these gaffs.

  • http://sayanythingblog.com/entry/america_is_back/#c397018 DINO

    I recall Obama saying things were likely to get worse and not turn around for a while. But you stems think he can work miracles to repair the damage done by your side. That 4 months will reverse the second worst recession (depression) in a century. Ironically, republicans/conservative greedbags caused the first one, too.

    Classic asshole behavior. Republicans/conservatives fail at governing and then do nothing but criticize their replacement. Offer no ideas, no support except to hope for failure. Haven't we all worked with assholes like that?

    We hate them, too.

  • pparets

    We hate them, too.

    No, ignorant STD. You speak for no one but yourself.

    You love the word 'we' because you think it empowers you. It doesn't.

    You are just one silly little man bleating the same mantra day after day, hoping desperately that it will be true. It won't, because it isn't.

    Your rhetoric has become empty… a parody of itself.. sorta like you.

    worthless STD

  • http://sayanythingblog.com/entry/america_is_back/#c397018 DINO

    "We" meaning most people.

    What possess an otherwise thoughtful man to go with an ideology that is all about destroying the government then blaming someone else for trying to fix it? is it greed? Do you think someone is going to come for your pile of gold? Driven by fear of being ask to pay your bills to live here? Afraid that a penny or two won't benefit you directly and the mere thought of that keeps you up at night?

    See, that's why you're stems. You haven't the higher level brain functioning to understand what it means to live in a civilized society.

    Now that's worthless.

  • pparets

    Do you think someone is going to come for your pile of gold? Driven by fear of being ask to pay your bills to live here? Afraid that a penny or two won't benefit you directly and the mere thought of that keeps you up at night?

    Believe me, I have no pot of gold to worry about.

    I pay all my taxes annually and on time and hope they will be wisely used. To the extent that they protect our nation, improve our infrastructure, provide student financial aid and help folks genuinely in need, I am grateful.

    Like you, I recieve certain benefits. I'm not beholden because I earned them.

    I read a portion of a good book every night and sleep quietly, without fear. How about you?

    Your view of those not like you is so skewed that you practically live in a dream world. And you don't speak for 'the people' any more than you speak for 'we'. Get over yourself.

    sad, silly STD

  • http://www.dartemis.net/blog/ sayanything-42

    Well, the Obama voters certainly are stupid… Just look at their local representatives!

  • http://sayanythingblog.com/entry/america_is_back/#c397018 DINO

    Your view of those not like you is so skewed that you practically live in a dream world.

    I only go by what I read, the things that they believe, and the things that the support. Why wouldn't I take them at their word and deed?

  • pparets

    I stand by my statement.

  • robert108

    One of Obama's selling points for his political payoff debt multiplying bill was that it would keep unemployment at 8%; he lied, and Biden is lying, as well.
    Of course, if you know economics, you know that no amount of govt spending can create economic growth. That takes putting privately owned and controlled capital at risk at a profit. There is no other way. That creates the real jobs, the real economic growth, and is the only cure for this Dem social engineering-caused recession.
    Obama is going in the wrong direction, so of course things are getting worse. Nothing he is doing will make things better.
    All wealth is generated by the private sector, and the more money the greedy govt drains from the private sector through taxes, the less prosperity we have.
    Wasteful Dem social spending has been draining capital from the private sector since FDR in the Thirties. That's over seventy years of going in the wrong direction.

  • http://insanereindeer.blogspot.com/ Kenny

    Republicans/conservatives fail at governing and then do nothing but criticize their replacement. Offer no ideas, no support except to hope for failure. Haven't we all worked with assholes like that?

    Under Bush we were tld we didn't HAVE to offer alternative opions. Only criticism. Shove it.

  • HG

    Offer no ideas, no support except to hope for failure.

    I see you remember the democrats behaior during the Bush years. And hope for failure you all did very consistently.

  • 2Hotel9

    Hahahahahahahahahaha!!!! Someone needs to explain to Joe that the past does not just disappear because he forgets about it. A good laugh for this AM!!

  • SigFan

    Obama, Biden and company are like the little kid playing with matches who sobs and says "I didn't mean that to happen" when the house burns down. They are burning down the house all around us and they lie through their teeth when people call them on it. The amazing thing is that there are still some of the useful idiots who think they are doing the right thing. When they're sitting on a pile of ashes they created they'll still be trying to say it was someone else's fault.

  • 2Hotel9

    Sig, dinothefakehomo WANTS them to burn it all down. It keeps telling us so. And it ain't alone.

  • SigFan

    2Hotel9

    Yep – I've been saying all along that these guys are not the bumblers that some are trying to say they are. They are accomplishing exactly what they want, the destruction of our country one freedom at a time. As for Dino, it's just an attention whore who will say whatever it thinks will get someone to engage with it. Not worth the effort.

  • http://Array mplsbob

    I agree with sigfan. I stopped reading Dino's posts long ago. Why waste your time arguing with him. He cuts and pastes that it is the repubs fault when he isn't wishing for someones death or imprisonment. Dino's relevance, zero.

  • http://sayanythingblog.com/entry/america_is_back/#c397018 DINO

    That's because DINO shows you how wrong you are and challenges your misguided beliefs.

    Remain ignorant. It's what conservatives do best.

  • http://suitepotato.blogspot.com/ sayanything-4808

    Why is anyone continuing to actually discuss and argue points with Dino? He's repeatedly shown himself incapable of contiguous argument, incapable of rationality, and pathologically given to non-sequitur responses and behaviors. On top of this he regularly refers to himself in the third person. Hannah does the same thing quite often. Both derail threads entirely by dragging people into arguments against them when they are not actually arguing back.

    He's an intellectually and emotionally retarded troll doing his idea of Internet Performance Art. Insult him every so often, refer people to the block script, move on. I recommend the same specifically for Hannah and RBB as well given that the former is dead set on dragging every thread to be about him, and the latter is a cut and paste non-sequitur response machine.

    Better that the conservatives argue amongst themselves than with the liberal retards we already know aren't actually intellectually in favor of their side, but merely doing it to get attention at the expense of the rest of the world if necessary.

  • 2Hotel9

    Sorry. I guess it is time for a refresher. I am not "engaging" dinothefakehomo. I am heaping derision upon its pointy head. With my Shovel;Derision Heaping, unit of issue; 1 ea. And laughing like hell at its anti-human, anti-freedom, pro-Islamic terrorist shit.

    I don't care who you are, that right there is some funny shit.

  • http://suitepotato.blogspot.com/ sayanything-4808

    2H9, only until you've said it so many times. Dino is not paying any attention. You're heaping your words upon someone who is functionally no different than RACTER.

    Or as Lewis said, "you're reading Miranda to a corpse, Murphy!"

    Same thing really.

  • Pingback: Obama Puts His Foot Down While Stepping In It | Political News and Opinion from a Multicultural Point of View

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