Headzup: Joe Biden "Misreads" The Economy

http://headzup.tv

Despite warnings from Paul Krugman, Joe Stiglitz, and other liberal columnists and economists, Joe Biden claims in an interview that "we and everyone else misread the economy."

Read more about it here--
http://www.huffingtonpost.com/2009/07/05/biden-ignores-warnings-of_n_225888.html

Download daily Catch and Release Comedy™ political cartoons to your mobile phone or iPod at http://www.headzup.tv

Category:

News & Politics

Tags:

• joe
• biden
• economy
• barack
• obama
• misread
• krugman
• stiglitz
• stimuls
• gaffe
• matthew
• filipowicz
• mms
• messaging
• parody
• mobisode

[cheeseaura]

Those liberal "economists" are just as wrong.

The bailout wasn't big enough? It never should have happened.

[Zile77]

Like the Bush administration, Obama's is pinning its hope for economic recovery on "stimulus". Despite the fact that Bush's $168 billion stimulus package in early 2008 had no impact at all, Obama rammed a $787 billion stimulus bill through Congress without thinking. Now Obama is waiting anxiously for the "stimulus" to take effect. HA!

"Stimulus" is based upon the superstition that government borrowing and spending creates "demand". In reality, it does no such thing.

B.O. blew it outrageously!

[thexrayman50]

Obama has said all along, no lobbyists in the WH. As of this week, we learn that the meetings with lobbyists have been taking place across the street from the WH. That's no joke.

[testodude]

@Neuromancer1970 This I buy. Lobbyists have WAY too much influence in Washington, and many Senators / Reps do "buy" a retirement plan with their support. I'm with you here.

[testodude]

@Neuromancer1970 Another point-- many Presidents are way more concerned with their LEGACY than with current problems. I guess that depends on their view of their role-- are they administrators or idealogues. A talented administrator gets things done within the system, and an idealogue tries to remake the system. Obama is no administrator, but a committed idealogue. I think a blend would be best.

[testodude]

@Neuromancer1970 I agree on some points. Most of the name calling is childish nonsense, except for the socialist label. That I buy.

[testodude]

@Neuromancer1970 Been a lot more than 6 months now.. Where's the recovery? "ReThuglican" Ronald Reagan inherited 16 percent inflation, 22 percent interest rates, and 70 percent marginal tax rates. He didn't twist and moan and fingerpoint like Obama. He understood that capitlism only succeeds when gov't gets the hell out of the way. Krugman is a tool, and Obama's motivators aren't related to recovery, but control... period.

[afferch]

Right! Left! Right! do your facist idealogical goose-step's and blame our problem's on your percieved enemy's. You arm chair economists, know exactly what's wrong, but really don't have a clue. And that's what the power people count on.

[mrfunbro]

Joe and Barack crack me up. Their both a couple of silly little boys.

[whoo689]

Have the people who trot this "deregulation" or "more regulations, please" mantra ever stopped to think "Hmm, maybe we already have enough regulations. Perhaps we can't solve every little problem and create a utopia where no one is injured on the job EVER, and there's never a crisis, with more laws and red tape? Perhaps shit just happens"? No! And I bet you almost half the people who screamed "deregulation" don't even know what deregulations to point to! It was just a scapegoat.

[PerfectionObsessive]

Here's the thing, people are fools for believing actions are always better than inaction. What a bunch of fools.