Archive for July, 2009

WashPo: The "worse" economic crisis since the Great Depression?

July 13, 2009

In West Wing: Grueling Schedules, Bleary Eyes

All West Wings face fatigue at some point, but the Obama team has had a particularly frenetic start, the result of inheriting the worse economic crisis since the Great Depression and the team’s own seemingly chaotic drive to push an agenda that includes the creation of a new health insurance system, auto bailouts, Middle East peace, nuclear nonproliferation, two wars and education reform.

I expect to see the Washington Post mirroring the unsubstantiated and inaccurate talking points of the O-Team, but couldn’t they at least spell-check when they copy and paste them over from the poor, tired, overworked White House staffers?

(screencap here in case they get around to fixing it)

Joe Biden, gift to Republicans

July 5, 2009

If not for Joe Biden there’s be nothing for me to enjoy about the Obama presidency 🙂  Here’s his interview transcript from today’s “This Week”:

The fact that it’s already out means they must not let him do live interviews anymore, which is understandable I suppose.  But even on a pre-recorded interview it’s filled with fun Bidenisms.  Here’s one of my favorite exchanges, including Biden’s new plan now that he’s admitting they “misread the economy“.  That plan: “put more pace on the ball.” What a relief.  🙂

BIDEN: And so the truth is, there was a misreading of just how bad an economy we inherited. Now, that doesn’t — I’m not — it’s now our responsibility. So the second question becomes, did the economic package we put in place, including the Recovery Act, is it the right package given the circumstances we’re in? And we believe it is the right package given the circumstances we’re in.

We misread how bad the economy was, but we are now only about 120 days into the recovery package. The truth of the matter was, no one anticipated, no one expected that that recovery package would in fact be in a position at this point of having to distribute the bulk of money.

STEPHANOPOULOS: No, but a lot of people were saying that you needed to do something bigger and bolder then, including the economist Paul Krugman. He’s saying — right now he’s saying the same thing again — don’t wait. You need a second stimulus, you need it now.

BIDEN: Look, what we have to do now is we have to properly, adequately, transparently and effectively spend out the $787 billion.

STEPHANOPOULOS: That’s your job. You’re in charge of that now.

BIDEN: That is my job, and I think we’re doing it well. If you noticed, George, I mean, there were other predictions. This was going to be wasteful and all these terrible projects were going to be out there, and we’re wasting money. Well, that dog hasn’t barked yet.

STEPHANOPOULOS: Well, Senator Coburn has identified some.

BIDEN: Yes — no, he hasn’t, but he did, he identified one hundred  forty-eight of which we had already killed. And so — and the rest I dispute. So the bottom line though is, I think anybody would say this has been pretty well managed so far.

The question is, how do you now — do we — what we have to do, George, is we have to, as this rolls out, put more pace on the ball. The second hundred days you’re going to see a lot more jobs created.

And the reason you are is now all of these contracts for the over several thousand highway projects that have approved.