The Obama administration 'misread' the economy, says Joe Biden

YOU ARE SOOOOOOOOOOOOO RIGHT, JOE TELLS IT LIKE IT IS--WE CAN ALWAYS COUNT ON HIM TO SET THE RECORD STRAIGHT.........IN OTHER WORDS , WE'RE F***ED

Hussein Obama administration NOW will use the term misread in place of ~> it was the last 8 years that put us in this mess. ROFLMFAO!!! And who misread??? Sec of Treasury who didn't know how to use turbo tax?? LOL!!! Or was Hussein Obama not experienced enough to be president??? Still in first term as senator but QUALIFIED to be president? We will never know if he would have been a good senator?? He wasn't one long enought to get re-elected. ROFL!!!! GO HUSSEIN!!!

So if BO and Joe "misread" the economy when they took office, we can take from that that they can continue to blame republicans for a longer period of time. They are all about blaming Bush for the bad and taking their own credit for the good.

Why would anyone be surprised the economy is still struggling? It has been stated for many months, in fact, for the past couple of years, that unemployment would still be high. It was mentioned only a few months ago the rate would rise a bit during the summer months, especially for the construction and housing. The ship is not going to right itself in a manner of months, it will take some time. And yes, this problem started under the last regime. Now is no the time to worry about who created the mess, it's time to fix it, and it will take patience as the country tries to rebuild.
My worry is job creation. All of the jobs sent overseas created this fiasco, ok at least was/is a huge cause of the current economic crisis. All you have to do is look at your local fast food place, look at the age of the employees. This started at least 5-6 years ago. It used to be, fast food jobs were for teenagers, highschool students, now look at the employees. Retirees, men and women in the 30's, 40's and 50's. For all the jobs that have been lost, there hasn't been enough new job with the same pay scale. This is the problem that has trickled down and it keeps getting swept under the rug. There's suppose to be another 15-20 million jobs sent overseas within the next 5-10 years. That's going to create a bigger mess, unless we find another means of income, equal of those jobs being taken away.

Of coures the recession was missjudged. All anyone had to rely on was economists. And they all dissagree on everyrhing. If President Obama had relied on reading tea leaves, the accuracy of predictions may have improved.

the people need to take the power back from Congress....join ENDTHEFED.us and join FairTax.org.

Biden is finally correct (even a blind squirrel finds an acorn now and then)... the left wing liberal loons misread their impact on the economy.... what a freakin's surprise! Since the left wing took control of the congress in 2007... the economy has LOST MORE THAN 34% OF ITS VALUE... and since the soros puppet was coronated in Grant Park... its lost 14%.... yep... lets all stand back and watch as the left wing and their gimme gimme gimme actions totally ruin the country!

Joe Biden seems to speak things he should not say according to Washington political rules of play, however, it is refreshing to me for someone to tell the truth. Honestly, I think Joe just slips and tells the truth sometimes, and has such an inclination toward honesty that sometimes he says the truth before he thinks. It would be wonderful if all politicians had a case of this political disease.

OxBaker50 said...
You hit it right on the head...but....no body want to hear that after all we only live here "they" are up there in the glass palace and "know" what is best for all of us. LOL
Buy the way did all of you get your $20k salery increase this year - I am sure that that everyone in the congress did.

"Misread".....no shitte Joe. I understand when you are making milllions of $$$$$$, things like that can happen...what a jerk

HELLO

mr. biden is right......and that is saying alot for someone like me who is highly cynical of anything any polictician has to say.
the problem as I see it is are we the public going to allow the out of control spending to upsize the government or not?
a bigger government does not mean a healthy economy. what it means is higher taxes!
it is time for the government to stop thinking that it is the cure......it never has been or will be. Obama needs to cut his losses and focus on what needs being done rather than his pie in the sky health plan that will have us all paying 45% in taxes for what will amount to rationed healthcare.
Obama needs to focus on trade and putting us up at number one again rather than allowing china to be the world export leader. More trade means more jobs!!!
More money for government programs is a waste of time, money and effort. Maybe the best thing to do is to cut all social spending programs to zero and return the money to we the people. The economic stimulus that it will create will far out do anything the government can ever do......it is called free will and not control!

What an absolute moron to say the least! Obama didn't misread the economy...he just spent ours, our children's and our great children's last dime all in 3 months! Now what's he going to do? Ask ding-dong Oprah to bail us out! She should since she endorsed is inexperienced, cocky butt!

washington said we are doing better--the economy was picking up-what happened to the shovel ready jobs? we must vote out this administration in 2010 and 2012. and pray to god its not to late. pray the senate does not pass this cap and trade bill--and this climate change is a scam and leave health care along.obama you need to step down and get out of town with the rest of the crooks.

OBAMA AND HIS GANG OF THIEVES AND PERVERTS DID NOT HAVE A CLUE ABOUT THE ECONOMY TO START WITH AND NOW THEY ARE BLAMING BUSH AS USUAL--LETS FACE IT OBAMA WAS A MISREAD BY THE VOTERS UNLESS YOU ARE A PERVERT,ILLGAL, OR BELONG TO ACORN=========

How is it possible Obama could misread anything since he is the all knowing saviour?

BIDEN IS SOOOO DUMB OR STUPID WHICH EVER -I CAN SEE HOW HE WOULD SAY THE ECONOMY WAS A MIS READ

Now we know what this administration will do when they are 100% wrong. They will let Biden "the idiot" speak and give excuses. I'm not willing to risk any more money on this administrations blunders. We spent BILLIONS and Obama wants to spend TRILLIONS more. When Obama took office, unemployment was at 7.2% and he guaranteed it wouldn't go over 8% if the stimulus passed. Unemployment is now 9.5% and he says it's certain to go above 10% They lye for personal and political gain and I'm sick of it. Fock this administration. CAP and TRADE may push this country into a depression and Universal Health Care will ruin us!!! Wake up America!!!

joe biden just admitted that democrats are dumber than dirt, of course the economy was misread, democrats are the ultimate clueless fools. and nobama is the head moron.

I WOULD NOT LISTEN TO A THING JOE BIDEN HAS TO SAY BECAUSE OBAMA AND FAMILY ARE IN RUSSIA TODAY AND IM SURE HE DOES NOT HAVE PERMISSION TO BE TALKING WHILE HE IS AWAY UNLESS HE HAS A PERMISSION NOTE THAT IS SIGNED PLEASE IGNORE EVERYTHING THANK YOU