Joe Biden, Vice President and Cheerleader
From the AP via Sweetness & Light:
By Ben Feller, Associated Press Writer
WASHINGTON – Defending a costly plan to revitalize the economy, Vice President Joe Biden on Thursday said the government’s sweeping stimulus effort “is in fact working” despite steady Republican criticism and public skepticism.
“The recovery act has played a significant role in changing the trajectory of our economy, and changing the conversation in this country,” Biden said. “Instead of talking about the beginning of a depression, we are talking about the end of a recession.”
Nearly 200 days into the effort, Biden delivered an upbeat report card about the $787 billion rescue effort that President Barack Obama pushed through Congress. He quoted estimates by private analysts that the plan has created or saved 500,000 to 750,000 jobs so far. But many million people remain out of work…
Obama’s Council of Economic Advisers on Sept. 10 will report an updated projection of the number of jobs created or saved because of the stimulus plan. Biden said he expected it will back up his predictions of 150,000 jobs in the first 100 days and another 600,000 formed or saved over the second 100 days of the act.
Biden warned that the recovery will be uneven. But he said so far, the law is “doing more, faster, more efficiently, and more effectively than most expected.” …
Um okay Joe, whatever you say.