Sunday, June 27, 2010

Biden: We Can't Recover All the Jobs Lost

(CBS News) Vice President Joe Biden gave a stark assessment of the economy today, telling an audience of supporters, "there's no possibility to restore 8 million jobs lost in the Great Recession."

Appearing at a fundraiser with Sen. Russ Feingold (D-Wisc.) in Milwaukee, the vice president remarked that by the time he and President Obama took office in 2008, the gross domestic product had shrunk and hundreds of thousands of jobs had been lost.

"We inherited a godawful mess," he said, adding there was "no way to regenerate $3 trillion that was lost. Not misplaced, lost."

Claims for jobless benefits fell by the largest number in two months last week, but were still high enough to signal weak job growth. Meanwhile, the Senate on Thursday failed to pass an extension of unemployment benefits.

Biden said today the economy is improving and noted that in the past four quarters, there has been 4 percent growth in the economy. Over the last five months, more than 500,000 private sector jobs were created. "We know that's not enough," the vice president said. . . Entire Column

Joe "Plugs" Biden and the entire Obama regime will continue to lay the blame for whatever is wrong with our country on George W. Bush. The Obama regime has created most of the economic problems we now have, including the bulk of the lost jobs.

"We inherited a god-awful mess," Biden said, adding there was "no way to regenerate $3 trillion that was lost. Not misplaced, lost."

This is a lie VP-Biden! But are the 'thinkers' in this country buying this story? Are most of the people still tuning in to the MSM for their political information? Let's hope not.

Obama has been on a spending and power grabbing binge since he took office and this will not slow down unless the Republicans can gain many seats in the House and some in the Senate.

Even if they do, it is way past time for the Republican office holders to do the job which is required and put a stop to what has happened in less than two years.The Democrats know how to play the political game. This is something the Republicans have still not seemed to learn.

For those people who care, you have to vote for the right candidates in November's mid-term election. This could well be the last chance to save our country from the "Hope & Change" gang.

No comments:

Post a Comment