OOps! “We Misread How Bad the Economy Was” – Joseph Biden, VPOTUS


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The unabated destruction of the Middle Class continues in California.  Middle Class workers are losing it all.

Joseph Biden, Chair of the White House’s Middle Class Task Force,  says, “We Misread How Bad the Economy Was”, according to the Huffington Post, LINK

No s!ht, Sherlock! And California, ESPECIALLY, doesn’t get it.

Homework for ALL Teachers and ALL Classifieds:   Submit your ideas to Joseph Biden Directly.   If your public job is being threatened, the least you can do is go register your concerns and comments at the Middle Class Task Force site  LINK The SAUSD is destroying your community and lifestyle.  SAUSD policies and practices are a direct threat to middle class workers and working class families who have long supported the school district.  The VERY LEAST you should do is send VP Biden a link to this blog and tell him to read how lives and careers are being thrown away by the reckless management that runs the show at SAUSD.  Maybe throw in a few bad words about how your unions have colluded  with the school district to ensure incredibly high job losses for multiple years, while YOU paid MONTHLY DUES to the union to do this to you.  These Riffs MUST be rescinded. 

WASHINGTON — Vice President Joe Biden said the Obama administration “misread how bad the economy was” but stands by its stimulus package and believes the plan will create more jobs as the pace of its spending picks up.

Biden, in an interview airing Sunday on ABC’s “This Week,” said the nation’s 9.5 percent unemployment rate is “much too high.”

Biden said it’s premature to say whether the country will need a second stimulus package.

“The figures we worked off of in January were the consensus figures and most of the blue chip indexes out there,” Biden said.

“We misread how bad the economy was, but we are now only about 120 days into the recovery package,” Biden added. More jobs will be created in coming months, he said.

Biden noted that the $787 billion economic stimulus package was set up to spend the money over 18 months. Major programs will take effect in September, including $7.5 billion for broadband Internet service, plus new money for high-speed rail and the nation’s electrical grid, he said.


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