Chronicles Of Depression 2.0: #477: Biden
Can Drudge get any more stupid than that Scrooge crack?
It links to a George Stephanopoulos blog to pimp Sunday’s This Week interview with Biden.
“The economy is in much worse shape than we thought it was in,” Biden told me during an exclusive interview — his first since becoming vice president-elect — to air this Sunday on “This Week with George Stephanopoulos.”
“There is no short run other than keeping the economy from absolutely tanking. That’s the only short run,” Biden told me.
Emphasis added by me.
Well, first, the economy is in worse shape than 99.999% of people realize. And in our government, that figure is even higher for widespread ignorance.
And what’s the prescription from Doctor Obama?
Biden said he has canvassed Republican and Democratic members of Congress about a second “big” and “bold” stimulus package. He said the Obama team is focused on creating jobs and spending on energy and information technology infrastructure.
“Every single person I’ve spoken to agrees with every major economist. There is going to be real significant investment, whether it’s $600 billion or more, or $700 billion, the clear notion is, it’s a number no one thought about a year ago,” he said.
Yeah, well, everyone already knows this.
What no one wants to face is that it won’t work.