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   MATZDOBRE      The Mad Dog Matzdobre Echo      343 messages   

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   Message 217 of 343   
   Jeff Binkley to All   
   Biden   
   27 Jun 10 04:34:00   
   
   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 ?   
      
   =============================================   
      
   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 ...   
      
   --- PCBoard (R) v15.3/M 10   
    * Origin:  (1:226/600)   

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