Posted by
mrs paddy on Tuesday, July 07, 2009 7:49:38 AM
" Unemployment rate much worse than the administration contemplated. July 3rd, 2009
ABC News:
“There are now 14.7 million people unemployed. Since the start of the recession, the unemployment rate has risen 4.6 percentage points. If you account for those who have given up looking for a job but want to work or those working only part-time but want full time employment, the unemployment rate rises to 16.5%.” - The ABC News Business Unit, assessing the dismal numbers in this morning’s Jobs Report
“The fact of the matter is that the unemployment rate is much worse than the administration contemplated or that most people expected,” Economist Paul Krugman, to ABC’s Jennifer Parker
“My rear end is on the line, just like yours. I’m the guy in charge of this deal. So if it doesn’t work, it’s me.” - Vice President Joe Biden, quoted in Time Magazine, on the success or failure of the stimulus package"
THAT'S THE WAY TO FALL ON THE SWORD FOR THE PRESIDENT, JOE. WHEN, DO YOU SUPPOSE, OBAMA WILL ADMIT THAT THE BUCK STOPS WITH HIM AND NOT HIS VP, OR ANY OF THE 23? 'CZARS' HE HAS APPOINTED?