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Did Biden “Misread” Those 150,000 Jobs Created Too?

Spinning the ever-more-embarrassing gap between their economic stimulus job promises and economic reality, Vice President Joe Biden told ABC’s George Stephanopolous this Sunday:

The truth is, we and everyone else misread the economy. The figures we worked off of in January were the consensus figures and most of the blue chip indexes out there.

But if the Obama White House so terribly “misread the economy,” then why was VP Biden touring the country just last month claiming that Obama’s stimulus “has already created 150,000 jobs around the country”? That 150,000 number is entirely based off the same economic model Biden now admits was terribly wrong. If the White House’s economic model failed to predict the number of jobs lost, why should anyone believe how many jobs the White House claims they created?

  • Author: Conn Carroll
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30 Comments

July 6, 2009 Jim Horstman, Ohio writes:

HEY Mr. PRESIDENT !!!!!!! ARE YOU EVEN AWARE THAT
A HUGE NUMBER OF AMERICAN CITIZENS ARE HAVING TEA
PARTIES TO LET YOU KNOW THAT WE ARE NOT HAPPY WITH
YOU AND YOUR ADMINISTRATION. YOU ARE HANDILY
KILLING AMERICA, AND I THINK IT’S BY DESIGN. I WISH YOU WOULD COME TO A TOWN HALL MEETING HERE &
LET “UN-SCRIPTED” QUESTIONS BE ASKED OF YOU.

July 6, 2009 Brian, Kirkland WA writes:

Has the White House been able to give any specific examples of jobs created? Maybe they’re just citing the number of ACORN temps hired for the Census?

July 6, 2009 Barb -mn writes:

Where’s our money, THIEF? Where did every penny go, THIEF?
You’re a liar and cheat! Your administration are all liars and cheats! Directly lying and cheating the WORLD!
Let’s not let a crisis go to waste. Let’s distort it to trillion dollars of more money to waste. You inherited NOTHING we are going through.

You are directly or indirectly involved with ALL CRISIS IN THIS COUNTRY. LIAR!

July 6, 2009 Lathan B. Godfrey, Winnemucca Nv. writes:

Blame Game, apparent throughout this fledgling administration, that had all of the right answers during the campaign. Somehow this entire economic situation was inherited from the previous administration. Looking at Biden’s statement in part “we and everyone else misread the economy”. I think “we” says it all when two years ago, the democratic party assumed control of the house and senate. Americans on a whole will see trough to truth because of the unique opportunity only afforded us through our Constitution and the dillegence of our Forefathers. Americans who have any question, should not question the genius that is our Constitution “We the People”.

July 6, 2009 Jeff Brodhead, WA (state) writes:

Last month, America lost three times that many jobs AND that was the good news. So was the 150K figure the number of jobs created in June? (retorical)

If it looks like ACORN job and smells like ACORN job, what are the odds against it being ACORN job…

Can anyone follow the money?

July 6, 2009 Barb -mn writes:

Obama said it himself in present tense. “we’ve either saved or created 150,000 jobs.” Yet, at the time he couldn’t SPECIFY which had been done. Created or saved? Where are the jobs, Mr. Obama? In your back pockets? How beneficial to the country are they, Mr. Obama? Who SPECIFICALLY, are they benefiting, Mr. Obama?

July 6, 2009 Bob Phillips, Ohio writes:

I am stunned by the unchallenged assertion that “everyone else” misread the state of the economy. It is further confirmation of the “inside the beltway” thinking that is the hallmark of this administration. Mr. Biden might spend an hour or two a week reading the words of Thomas Sowell, George Will or Walter Williams. If he had he would have seen that not “everyone else” was fooled by what was coming and therefore would not have been so foolish in the remedy they pursued.

July 6, 2009 TURTLE, TUCSON AZ. writes:

IF THEY ACTUALLY DID CREATE 150,000 JOBS THEY ARE ALL GOVERNMENT JOBS SURE NOT IN THE PRIVATE SECTOR WELL NO UNLESS YOU HAPPEN TO BE A DEMOCRAT OR WANTING TO START A GREEN JOB THEN JUST MAYBE THEY DID
OUR ECONOMY WAS DOING FINE TILL 2006 WHEN THE DEMOCRATS TOOK BACK CONTROL OF BOTH HOUSES OF CONGRESS, BUT FOR SOME REASON ONLY BUSH GETS THE BLAME, WHY IS THAT

July 6, 2009 Spiritof76 writes:

Obama, Biden and the socialists and commies of the Democrat Party, your gig is up. Your policies have failed as predcited by many. You may claim to have misread the economy. We didn’t misread the failure of your policies. How many time do we have to prove that socilaism and its cousin Communism don’t work? They are failures.
People, we must take a hard stand, the one similar to what we witnessed in Iran to make this country worthwhile for our children and their children. We have to throw these bums out along with their socialist failures. Stop looking for government to solve anything.

July 6, 2009 Jack Snyder, Spring Branch, TX. writes:

More taxes = less freedom !
This is a religious war we are battling in the U.S.A.
As socialism gains more control of the uninformed masses and a willinly ignorant media sides with the devil on every issue we must be stedfast in our prayers and belief in our God given rights.
The media will be trying to put persons in the White House and in Congress in the future, as well as the past that they (the media) have wanted to be there.
This is a pattern and needs to be stopped.
The media has become the eneny of our country !
From the time when Dan Rather called the Florida election until this day, we have been fighting a religious battle… Pray for our country.

July 6, 2009 Steve M, Michigan writes:

Once again, whatever the administration says, it seems the opposite is true. Obama and Biden spent months overestimating the problem with the economy. Does the phrase “Worse than anything since the great depression” ring a bell with anybody. Biden has once again walked straight into a bold faced lie; in actuality they overestimated the effect that their lame brained policies would have on the economy. Biden’s comments were simply misdirection and back peddling, something their party has taken to a high art form.

July 7, 2009 Craig L, Detroit Michigan writes:

They “misread” the economy, but they knew enough to call it the worse economic situation since the Great Depression? Did they misread it to be worse or better than the Great Depression? This country desperately needs political reform or better yet, the Constitution needs to be better understood and enforced!

July 7, 2009 Charles-Odessa, Texas writes:

The government does not create jobs-it creates more government to interfere with business as normal. The government doles out millions to outsource and takes the credit and has estimators, bean counters and inspectors all on the take.
Perhaps, the 150,000 is the number of illegals who crossed the border to do the stimulous jobs.

July 7, 2009 Steve, Ohio writes:

I agree. How can you “mis-read” how bad it is when all along you were telling everyone we had the “worst economy since the great depression”. They failed to mention that FDR took a mild recession and formed the great depression with his “stimulus spending” and governemnt regulation.
I, unlike others here, am very excited about the future and the opportunities for me and my children. Some will be “left standing” at the end of this thing and hopefully I am one with a few bucks left. Osama Obama (per Teddy), is reducing this economy and the price of homes and businesses everywhere…I plan to be there to pick up a few pieces at a far reduced price than today. Gather your savings and wait. You will have great opportunities when Obama is done killing our economy. We’ll be able to get in on the ground floor again. Those who voted for him will be hurt worst which is a wonderful irony.

July 7, 2009 Roy Reed, Las Vegas NV 89131 writes:

Obama and the Democrats are trying to grow the government as big as they can before Obama’s term is up! If they pass this healthcare bill we are all in trouble, plus the fake energy bill, plus the cap and trade bill. Something must be done to stop this mess from happening!! I think ALL of the media is not helping. I don’t believe anyone of them give you the actual truth. They are so worried about their rateings!!! How about not reporting until you have the truth??? Get so sick of it all!!!

July 7, 2009 Pat Droney, Enfield, Ct writes:

These people are pathological liars. It is tine to tahe our country back and save our childrens future.

July 7, 2009 Grace, Florida writes:

I am sure Biden misspoke about the faux 150,000 jobs created. The fact is he made up that number. Get these people out.

I do think JB might be telling a truth when he said “they misjudged the economy” - shame on them for not doing their homework. And this was the party that promised to fix the economy. THEY HAVE DONE NOTHING AND DON’T KNOW WHAT THE HECK TO DO.

July 7, 2009 Normca writes:

The democrats were in control of the congress in both chambers from January 2007 through the ‘08 elections. For that matter the Bush Administration never really had a majority in the congress in the eight years of its existence. The numbers were too close and consider the three Rinos. Biden says they misread it or were once again fooled by Bush.If this was Reagan or either Bush, the media would be screaming about the jobs lost. Now bring on a second stimulus when 90% of the 1st one has not been spent [as if the earmarks will be of value]. Do these idiots [the democrats and the media] ever take responsibility for their own actions ?

July 7, 2009 rich weirton, wv writes:

Imagine that! A liberal “misread” the state of the economy. and of course it is George Bush’s fault, not theirs….
What ever happened to the buck stops here? We have no leadership. Obama will never take the blame for the damage he has caused. It’s easier for him and all liberals everywhere to blame Bush.

July 7, 2009 Lloyd Scallan - New Orleans writes:

What most people don’t understand is that Obama and Biden are nothing but puppets for a much more
destructive power that’s controling the entire Democratis Party. In it true form, it’s SOCIALISM!
Regardless to what party your belong or if an independent, we all must understand this. One day we will learn the truth. I pray it will not be to late to recover.

July 7, 2009 Barb mn writes:

What an admittance of their incompetence and lack of intelligence! Being paid top dollar. It has to stop!

Seems the government needs their hands held more then the people that get government hand-outs.

Another example of needed specifics as the president announced saving or creating “jobs?” In the private sector, Mr. President or GOVERNMENT SECTOR?

No words spoken by the president or any member of government can be assumed interpretation. Specifics must be asked on the spot! Whatever the government’s true intention, is spoken broad, so we assume it’s interpretation. Cover-up for government.

July 7, 2009 JAMI MITCHELL California writes:

If Biden said that a mistake had been made. Do you think he might admit that there’s been a lot more mistakes made a long the way. They have been in office 7 mo look how mess up the economy is. What is happening to the foundation of our gov There is such an uneven play field. Who is looking after our Nations interest?
It looks like a lot of special interest is trying to run our country to ruin and they are doing that in the name of czars.
How about a Rule of law czar. And a get out of my personal life
mind your of bees wax czar. How about all these nut jobs that like this kind of life style go to country that already have a Dictator! Oh there staying hear for the Power they wouldn’t get there. The fire works are not even cold and the president left has left our late great nation.

July 7, 2009 Jerry from Chicago writes:

The media (specifically NBC, CNN, MSNBC, ABC, the N.Y. Times, L.A. Times, Washington Post and Newsweek)and the American public in general having been giving the three stooges (Obama, Pelosi and Reid) a free pass since Obama took office. Obama says we have created “or saved” _____,000 (fill in the blank) jobs, and no one challenges him to prove it. He makes all sorts of campaign promises and turns them all into lies. He signs the biggest giveaway program in U.S. history, called “Stimulous” legislation (1,100 pages and including 8,500 earmarks) into law within 24 hours of receiving it without having read it. It could have included anything and neither he that signed it, nor the Congress that proposed it, bothered to read it. That is the height of irresponsibility and what does the media have to say aqbout it?

July 7, 2009 Gary, soon to be from TEXAS writes:

The only “stimulus” has been for emergency food supplies and ammuntion, and ACORN.

July 7, 2009 David E Aldridge, Dayton, OH writes:

No one in the media will ever say anything about this dunce of a president(small on purpose), they are too afraid of being called racist, or of being shut out by the “PIT BULL RON”. This government is going socialist, I just hope we can pull it back from the pit of self destruction with the 2010 elections. What we really need is a landslide conservative victory in 2010. Maybe, just maybe, we can reverse most of the damage done by this rubber stamp Congress and what’s his name.

July 7, 2009 Jim, Houston writes:

It is time for Biden & Obama to look in the mirror. You guys are in control of the entire federal government.
Please, tell us at what point will the Keynsians begin to question their economic beliefs? (remember, economics is not a true science - it’s really more like a religion since it is based on faith)

Will it take 20% unemployment? Failure to turnaround in 4 years? 10 years? Will the entire country have to go bankrupt before you begin to have doubts or will it always be “If only we could have done a bigger stimulus package”.

2 Trillion in bailouts & stimulus should have been enough to employ 8 million people for 4 years. If only we had tried 20 Trillion…

But wait, we’ve only seen about 150,000 jobs by their best estimate from the stimulus. Is it really even possible the government has wasted 80% of the money they rushed into the hands of their patrons?

Stimulus is supposed to generate short term jobs and pay for it later - hopefully from revenues produced from the new industries created from these short term jobs. But the short term jobs are minimal - how are we going to ever pay back 2 trillion on top of the shaky foundation of 150,000 census workers?

A small, constitutionally restrained government is not a new idea but it’s horrifying that neither party has tried it in my lifetime.

These goons really seem to think that the economy will miraculously recover based on some cycle on a chart - they might as well run up some debts now and pay it back later when the magic economic cycle makes everyone rich again. It never occurred to them that the economy actually only “recovers” when private enterprise innovates and finds new ways to get around previous limitations.

It’s entirely possible it will never recover if power mad government officials keep dragging us down.

July 7, 2009 Bj, Ft Myers, Fl writes:

Isn’t it interesting that the Stimulis I hasn’t been spent yet and will not be until the middle of next year (I believe that Biden stated this). And isn’t it interestng that in 2010 is an election year and that is when the money from Stimulis 1 will be spent! And now congress is talking about Stimulis II as there wasn’t enough money in Stimulis I. They have only spent 10% of Stimulis I, how do they know that it wasn’t enough?
I do believe that the stimulis I & II will be to purchase votes for the 2010 election so as to keep the irresponsible leadership in place to completely destroy the American way of life.

July 7, 2009 Katy, Delaware writes:

The point is, collapse of the economy is deliberate. It’s in the Rules, “Rules for Radicals”, that is. Create an emergency or a disaster, then “remedy” it with government intervention and control. By the way, it’s more than “socialism” - we are now in a “soft tyranny”. Let’s not let it become a hard tyranny.

July 8, 2009 Mike Mancuso, San Jose, CA writes:

Democrat politicians in Washington are thrilled to tell other Americans that California, as usual, is taking the lead. We definitely are leaders in cost of housing, unemployment, income taxes, sales taxes, auto fees, emissions laws choking business, anti second amendment laws, prohibition of new and offshore oil drilling, environmentalist intrusions in the economy and fish & game issues, control of water distribution, welfare expenses including probably millions of illegal aliens, etc.

Only the left wingers in every walk of life are proud of this dismal record. It’s Obama’s plan for the country and you don’t have to wait to see if it works. The Great State of California is broke!

July 17, 2009 Cathy Amelio, New Jersey writes:

Poor Joe, he is the White House Joker! He is the token! And he was the brilliant one in The Senate! We are in such trouble here. The citizens of this country need to stand up and be heard! Write, email, and call these so called represenatives in Congress and Senate and don’t stop! I would love to see who is taking these polls that have the crazy man in the White House so high in the ratings. I would love to take a poll in regard to this mans performance.
He as was Roosevelt has sights on being a dictator for life! I we all leave this country he can dictate to the illegals and the loosers.

Joe Biden is just a dumb fool who has fulfilled what he reason for being on the ticket!

Let’s stand up and be heard America! Let them know how you feel! We can’t let them destroy this great country! Believe nothing of what you hear, judge on what is done!

Senate and Congress are unethical thugs who think they have jobs for life! Let’s get them out! We the people!
In God we only trust!

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