Welcome Lucianne Readers! BTW, with this much traffic I went back and cleaned up the text a bit. – AJStrata

Update: Biden admitted the liberal economic stimulus experiment was based on ‘guesses’:

Biden tells “Meet the Press” that “everyone guessed wrong” on the impact of the stimulus, economy was worse off than anyone thought.

In other words, they winged it and messed up. And now overt 6 million people are without jobs struggling to survive. Message to liberals, stop guessing. If you don’t KNOW the answer you shouldn’t be in charge. It’s like having a surgeon ‘guess’ at what organ to remove to cure you of a deadly disease. – end update.

Joe Biden is on Meet The Press getting his a$$ handed to him on the economy. And we are  finally getting some answers that prove the liberal economic stimulus experiment was, and is, a complete failure.

In a completely ironic admission, Biden has finally confessed where the 150,000 “created or saved”jobs  came from. They came from an economic planning ‘model’. Clearly this model is of the same lousy class as the global warming ‘models’, which still declare the Earth is warming while all the measurements have been showing a decade of cooling. Clearly DC is navel gazing its ‘models’ and is denying reality.

Biden is an idiot, but at least he is an honest idiot (he believes the silliness he spouts). However, Obama, Pelosi and Reid lied to America. They said they would hold down unemployment and they failed, and they are going to try and blame President Bush and their lousy models for their failures.

In the coup de grace of Biden irony, Biden said he and Obama underestimated the depth of the problem back in January when they were spinning their risky economic scheme, apparently that is why their economic promises never came to fruition.

Which means those models which predicted the depth of the problem and the success of their experiment were wrong – as we all now know. Apparently this ‘model’ failed to tell the liberals what was wrong – and what would work. Sadly, many of us knew that from day one their plan would not work (see here for my posts on the ‘recovery’). Basically, Biden admitted they screwed up because they had the wrong models.

That does not remove them from responsibility in this massive economic failure.

Addendum: Some aspects of the failed experiment and their long lasting effects can be seen here, here and here. I will have more on these three incredible stories in a future post. But the first one illustrates the amount of money being printed and pumped into the economy like never before, which is going to lead to huge inflation spikes (see graph below).

 

The second story talks about the continued losses of jobs to this day. But the 3rd story will be the image of Obamaville (think Pottersville in It’s A Wonderful Life):

Dozens of US cities may have entire neighbourhoods bulldozed as part of drastic “shrink to survive” proposals being considered by the Obama administration to tackle economic decline.

The images will be of whole neighborhoods condemned, taken by the government using eminent domain, bulldozed and then given to political cronies to get rich on. That is the Hope & Change Obamaville has to offer this country.

Tags: Biden, Economic Crisis, Obama, Pelosi, Reid, Stimulus Bill, Unemployment