Biden: ‘We misread how bad the economy was’

This doesn't surprise me as the first stimulus package under the Obama administration basically went to pay off his union allies. Most of the money won't be shelled out until 2010 and later. This is the same stimulus package that had to be voted on so quickly without even reading it because there was such a "crisis." WTF?
Could the reason be that he doesn't want all the debt on the books before his "Cap & Trade", and "Healthcare Reform," gets pushed through?

Now they are looking for a '2nd' stimulus, I mean the first one has done so much! Now we keep hearing that those 'shovel ready' projects weren't quite as ready as claimed. So where did they spend what they did? Bailing out failing states Links at site:

James Pethokoukis » Blog Archive » Maybe this is why the stimulus isn’t creating tons of jobs yet | Blogs |

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"We are fighting today for our life, for our liberty, for our all, we cannot go on being led as we are. Somehow or other, we must get into the Government men who can match our enemies in fighting spirit, in daring, in resolution and in thirst for victory."~Leo Amery 1940, while staring at Chamberlain

NJ is getting 17 billion and only 9 percent is for "infrastructure and energy" Haven't seen one friggin road project going on despite the fact that a majority if our bridges are falling down. I don't know anyone that would have a problem with the bridges being fixed. But that's not what they plan to do with the money. We were lied to.

Casting blame on the dead party is easy. They did nothing to protect the safegards in our financial markets. Then they offered no plan to correct the situation, again doing nothing. Nobody knows what the stimulus plan is going to do precisely, but at least Democrats met with experts, and came up with a reasonable plan.

Republicans had no plan, and did nothing. Now the Repubs sit in their offices taking pot shots at the guy who tried to do something! It is time for some hangings, Republicans are UnAmerican.

that is a complete LIE
but then thats all you ever do

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Wait a minute....Those two bitched and moaned all during their campaign run about "the worst economy since the Depression", yet still "misread" how bad it was???

Someone please make sense out of that.

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That's easy. It was worse than they thought it was..

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"Religion attacks us in our deepest integrity by saying we wouldn't be able to make a moral decision without it, and that a supernatural dictatorship is our only hope. That makes us all into serfs. And chess and Tantric sex and Chinese food are pointless if you must enjoy them as a serf.'' Christopher Hitchens.

You need to get over this partisan shit son, the Dems are just as bad as the GoP, and this escalating mess is 100% IN THEIR LAP, because they have controlled ALL of the gov the last half year, and 2/3 of it the previous 2 years.

Trying to blame chimp and the GoP won't help you explain to people why Obama is the bigest fuckup the whitehouse ever seen, and that INCLUDES captain chimptastic.

So far all you have posted is lame assed attempts to shift blame and make this seem as if its politics as usual, well boy, it sin't.

The country is hurting big time and the current admin is making things worse, not better.

So why are they doing shit to make it worse?

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That would require thinking in the first place.

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Are they?

How?

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"Religion attacks us in our deepest integrity by saying we wouldn't be able to make a moral decision without it, and that a supernatural dictatorship is our only hope. That makes us all into serfs. And chess and Tantric sex and Chinese food are pointless if you must enjoy them as a serf.'' Christopher Hitchens.

Talk about easy....

If the "stimulus" spending was of such a high priority, why was most of it back-loaded to late 2009 and early 2010 (oddly enough, an election cycle)??

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that doesnt make sense
how can it already be "the worst since the great depression"(it wasnt, they were lying)
yet be worse than they though it was

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You guys are apparently the ones with all the answers, why don't you tell me..

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"Religion attacks us in our deepest integrity by saying we wouldn't be able to make a moral decision without it, and that a supernatural dictatorship is our only hope. That makes us all into serfs. And chess and Tantric sex and Chinese food are pointless if you must enjoy them as a serf.'' Christopher Hitchens.

Lame dodge.

What if a guy with an (R) by his name had back-loaded a supposed "stimulus" spending bill to a date in time when there were political campaigns going on??

I'll tell you what would happen....The guys with the (D) by their names would be shitting their pants and crying foul.

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