Author Topic: Has there been a worse week, economically speaking?  (Read 370 times)

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sirs

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Has there been a worse week, economically speaking?
« on: August 27, 2010, 04:57:47 PM »
....since "the Chosen" took over?  Just asking.  I mena, every day had worse news about our economy, be it stock market, housing sales, GDP, unemployment, consumer confidence, debt, deficit, etc., etc., etc.

How ignorant do you think Biden & Obama really believe the U.S. citizenry is?  Especially with Biden lately running around saying how great things are, and how the Dems and Obama have "turned things around"   Then again, they did elect them.  Boy, are they ruing the day, on that one
"The worst form of inequality is to try to make unequal things equal." -- Aristotle

sirs

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Re: Has there been a worse week, economically speaking?
« Reply #1 on: August 27, 2010, 08:51:23 PM »
SPIN METER: What Biden didn't mention on stimulus
By GARANCE BURKE (AP)

FRESNO, Calif. ? Vice President Joe Biden said this week that the Obama administration "hit the accelerator" toward spending $5 billion under the economic stimulus law to weatherize people's homes, create thousands of jobs, help consumers save money and put the nation on track for energy independence.

Yet the weatherization program the vice president highlighted in his visit Thursday to New Hampshire is widely considered among the least organized spending projects under the $814 billion economic stimulus law and has regularly been targeted for criticism of its slow progress by auditors and outsiders. Biden didn't hint much at its troubles.

Nearly 18 months since it started, the stimulus weatherization program has experienced spending delays, inefficiencies and mismanagement. In Biden's home state of Delaware, the entire program has been suspended since May, and last month federal auditors identified possible fraud


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"The worst form of inequality is to try to make unequal things equal." -- Aristotle