If the stimulus passed, the White House vowed, unemployment would peak at 8%. Today, it's 9.5% — and rising.
"The truth is, we and everyone else misread the economy," said
Biden. He used that phrase — "the truth is," or something similar — at
least three times in a talk with ABC's George Stephanopolous. But the
"truth is" something quite different.Many voices — including ours — were raised in opposition to the
stimulus when it was debated. We didn't "misread" the economy. We knew
from history that, left alone, it would get better without government
meddling.
How many times did we hear that the Surge was a failure before a single extra soldier had been sent over? Hundreds at least. How much do we hear from the MSM about the "stimulus" being a failure? Virtually nothing, and when we do, the statements are usually that "it probably wasn't big enough, we need another one".
Gee, "EVERYONE misread the economy" ... no, they didn't -- BO and the MSM misread the economy.
