VP Biden Defends Democrats’ Economic Policies

Less than a month left of “Recovery Summer 2010″.
Soon we will be in “Wonder What Happened Fall”.

Joe can’t seem to remember that the swamp lady got the gavel in 2006.

The VP and Pres Barry is coming up on two years in office but the democrats are near four years with the super majority (House and Senate). They could have passed anything they wanted to but Obama’s priorities came first.
Barry insisted on Bailouts and Healh Care overhaul which is going to cost all of us for years to come. Also don’t forget the 2009 stimulus that Barry insisted on would save jobs..
2007 was the year that the Democrats took over the Senate and the Congress:
At the time:
The DOW Jones closed at 12,621.77
The GDP for the previous quarter was 3.5%
The Unemployment rate was 4.6%
George Bush’s Economic policies and tax cuts SET A RECORD of 52 STRAIGHT MONTHS of JOB CREATION!
2007 was the year that Barney Frank took over the House Financial Services Committee and Chris Dodd took over the Senate Banking Committee.

Hey Joey!! Go ahead game on.!! Blame Bush and the Republicans. Don’t man up and take responsibility for anything. You begged people for this job you knew the economy was bad. Stop your wimpering, complaining and the Blame Game. While George and Laura Bush have the grace and dignity not to respond to the attacks.

Ol Joe is nothing but Obama’s token white boy. And he’s working out just like every other stupid idea Obama has come up with.

From the NYT, August 6, 2010:
Over all, the nation lost 131,000 jobs last month, according to the Department of Labor, which also said that June was far weaker than previously indicated.
Private employers added 71,000 jobs last month, but those figures were overtaken by the 143,000 cut as the Census wound down. It is also about half the number that economists say is needed to simply accommodate population growth, so the tepid job increases cannot begin to plug the hole created by the loss of more than eight million jobs during the recession. The unemployment rate, in fact, remained stuck at 9.5 percent in July.
“The private sector is still hobbled,” said Robert A. Dye, senior economist at PNC Financial Services Group in Pittsburgh, “and certainly is not nearly strong enough to overcome the drain on the government side.”
Many economists were surprised by the scale of layoffs by state and local governments, which cut 48,000 jobs in July. In the last three months, they have shed 102,000 jobs. The Senate voted earlier this week to approve a $26 billion package of aid to states and school districts, and the House is expected to vote on the measure on Tuesday. Economists pointed out that even if the bill passed, it would only stem additional layoffs, not induce hiring.
Government jobs are usually viewed as more stable than those in business, but severe budget shortfalls have hobbled state and local agencies.
Although the nation’s unemployment rate did not worsen, that was in part because people continued to leave the labor force, which means they simply stopped looking for work during the month.
The Labor Department greatly revised its headline number for June, widening the job loss figure for that month to 221,000 jobs, from 125,000. Private sector hiring in June, originally reported at 83,000, was lowered to 31,000.

From CNBC, August 24, 2010:
Existing Home Sales Hit 15-Year Low; Housing Market Weakens
Sales of previously owned U.S. homes dropped more steeply than expected in July to their lowest pace in 15 years, an industry group said Tuesday, implying further loss of momentum in the economic recovery.
The National Association of Realtors said sales dropped a record 27.2 percent from June to an annual rate of 3.83 million units, the lowest level since May 1995. June’s sales pace was revised down to a 5.26 million-unit pace.
The record drop in existing U.S. home sales in July showed that the country must still do more to improve the economy, White House spokesman Bill Burton said Tuesday.
Analysts polled by Reuters expected existing home sales to tumble 12 percent to a 4.70 million-unit pace from the previously reported 5.37 million units in June.
——-
“More steeply than expected.” (rolls eyes) Not to those of us who predicted it, in these very blogs in fact.

Do you think this is likely the worst VP & Presidential appointment ever??
Pres Barry is not a leader; he is a Partisan hack(biased – with emotional allegiance to liberals and muslims),
a Community Organizer and a Campaigner.
Biden is simply a career politician.
This is the change we were told we could believe:
March 2010, the roll call for the health care reform bill came in at 219 votes for and 212 votes against the bill in the House. Every Republican and 34 Democrats voted no to the expensive health care bill..
At least the Iraq war vote back in 2002 was “Bipartisan” – It passed the Senate with 77 votes and the House of Representatives with 296 votes.
The drive by major media elitist then used the difficult years of the Iraq war to claim that Bush lied about wmd and the war should have only been in Afghanistan. Now we are to believe VP Biden when he says Iraq “Could Be One of the Great Achievements of This Administration” !!!!! Simply amazing.

“All in all we’re going to be creating somewhere between 100[,000] and 200,000 jobs next month, I predict.
—
I think the brackets were a natural assumption made by the writer. Joe really meant it when he said “between 100 and 200,000 jobs…”

“The private sector is still hobbled,”
—
The private sector may or not be in hobbles, it doesn’t matter. The problem is the post it’s tied to, ie Barak Obama.

The economy is hobbled and Joe Biden is Kathy Bates with a hammer and 2×4.

“then used the difficult years of the Iraq war to claim that Bush lied about wmd and the war should have only been in Afghanistan.”
Bush did lie about WMDs and we should have focused on Afghanistan.

Can I have some more Kool-Aid Uncle Biden, and not that yucky grape kind that smells like cyanide.

“Mr. Boehner is nostalgic for those good old days, but the American people are not, they don’t want to go back, they want to move forward, and so folks, I’m still waiting for what it is that they are for,” Biden said.”
I’m part of the “American people” and I’d prefer to go back to the Bush economy. Hands down.
“[Republicans] think that the policies that they had in place during the eight years of the Bush administration, the ones that Mr. Boehner and his party helped craft themselves were the right ones.”
Well, Joe, you’ve been in DC for almost 40 years. Seems perhaps you are part of the problem, no?

Posted by: tjp612 | Aug 24, 2010 10:13:51 PM
You ought not to be barking so loudly after the Republican administration policies shepherded in the collapse of major banks and financial institutions, the crash of the stock market, 700,000 people a month losing their jobs, bankruptcies and foreclosures skyrocketing, the collapse of American automotive companies, the shipping of hundreds of thousands of jobs overseas, etc, etc, etc.
The Republicans created the mess! And they have no new approaches to offer.

Posted by: tjp612 | Aug 25, 2010 12:00:21 AM
You ought not to be barking so loudly after the Republican administration policies shepherded in the collapse of major banks and financial institutions, the crash of the stock market, 700,000 people a month losing their jobs, bankruptcies and foreclosures skyrocketing, the collapse of American automotive companies, the shipping of hundreds of thousands of jobs overseas, etc, etc, etc.
The Republicans created the mess! And they have no new approaches to offer.
Do they?

“The majority of experienced Al Qaida operatives went to Iraq where we killed them.”
ROFLMAO!
Oh the lies right wingers tell themselves.
“You need to speak with Afghan and Iraq veterans to find the truth.”
Oh I don’t think you would like to hear what Iraq veterans have to say about going there.
Have you sent money to Orly Taitz to help her pay her sanctions?