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echo: matzdobre
to: All
from: Jeff Binkley
date: 2010-06-27 04:34:00
subject: Biden

Every time we turn around the liberals are giving up. Whether it is the 
war, the economy, jobs etc.  They know how to quit and how to drag this 
country down...  I can only imagine if this were Bush ?  These times 
continue to look more and more like the Carter years...  IS the hope 
gone now and we are left with change for the worse ?

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http://www.cbsnews.com/8301-503544_162-20008924-503544.html

June 25, 2010 5:52 PM 
Biden: We Can't Recover All the Jobs Lost
  
Posted by Stephanie Condon 

Vice President Joe Biden gave a stark assessment of the economy today, 
telling an audience of supporters, "there's no possibility to restore 8 
million jobs lost in the Great Recession."


Appearing at a fundraiser with Sen. Russ Feingold (D-Wisc.) in 
Milwaukee, the vice president remarked that by the time he and President 
Obama took office in 2008, the gross domestic product had shrunk and 
hundreds of thousands of jobs had been lost.


"We inherited a godawful mess," he said, adding there was "no way to 
regenerate $3 trillion that was lost. Not misplaced, lost."


Claims for jobless benefits fell by the largest number in two months 
last week, but were still high enough to signal weak job growth. 
Meanwhile, the Senate on Thursday failed to pass an extension of 
unemployment benefits.


Biden said today the economy is improving and noted that in the past 
four quarters, there has been 4 percent growth in the economy. Over the 
last five months, more than 500,000 private sector jobs were created.


"We know that's not enough," the vice president said.


Last week the White House put out a Recovery and Reinvestment Act update 
claiming that between 2.2 million and 2.8 million jobs were either saved 
or created because of the stimulus as of March 2010. In signing the 
Recovery Act into law on Feb 17, 2009, Mr. Obama said the measure "will 
create or save 3-and-a-half million jobs over the next two years."

CMPQwk 1.42-21 9999 
Patriotism is not who can leak the most Secret documents to the NY Times ...

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