The White House made rose-colored predictions about the success of the stimulus, like it would prevent the unemployment rate from going above 8% (it’s now at 8.9% if you haven’t been paying attention) they are resorting to even more lies to justify the ridiculous spending… And you know how ridculous they are when even the AP is willing to call them out.
In his first quarterly report on the nation’s stimulus package, Vice President Joe Biden uses anecdotes to paint a glowing picture of an economy on the rebound. In reality, the picture is incomplete and the colors far more muted.
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Capturing the full effect of the stimulus at this early stage is difficult, but the administration has set high bars for success. In championing those successes, however, the White House plays a little loose with the facts.
The article goes into some detail about how Biden cherry-picked information, or just talked B.S..
Read it. It is pretty funny the crap they think they can get away with…
UPDATE, by Mark Noonan: Its all gone wrong, my friends…Obama and Co are living in a fantasy world. All the talk of a rebound is just that – talk. Retail sales figures tell the true story.
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