Biden on the economy

"My grandpop used to say — from Scranton — he said, Joey, the guy in Dunmore, the next town over, when the guy in Dunmore is out of work it's an economic slowdown. When your brother in law is out of work it's a recession. When you're out of work it's a depression. It's a depression for millions and millions of Americans,"--Vice President Joe Biden said at a campaign event in Iowa today (6-27-12).

Just moving this to the proper forum for ya.

I debated which one to use. It was a campaign speech, technically, but it was really a shot by the Veep @ The POTUS. He's been really pissed at being called middle class, and I think he's afraid they want to replace him on the ticket, which does take us back round to the campaign--even if it is limited to the Dem Party.

With Dems bailing on the Convention, planning to vote to hold Holder in contempt, and low campaign contributions, the Party looks very much in disarray.

So is the economy doing well or not?

It's doing a lot better than in the Fall of 2008 and Spring of 2009.

"The private sector is doing fine".

More blame Bus***. Not according to Biden, who in a possible first is actually coinciding with the facts. Amazing things happen when we leave the Obama camp.

Yes.
Corporate Profits Just Hit an All Time High .



I didn't see BIden say anything about Fall of 2008 and the Spring of 2009.

What does that have to do with an economic depression? And the numbers are bad and going down and being revised downward today under cover of the Obamacare debacle.

Now we're having the largest tax increase in the history of the world in the middle of a long lasting recession/depression which many Democrats agree is bad. It's why many Democrats voted to uphold the Bush tax cuts. Things are still bad and getting worse since the housing corruption scandal going back to '79. You disagree, take it up with middle-class Biden.

You tell me.



Which numbers are bad? Show me something concrete.



BIggest tax increase? MIllions of poeple are gettings tax cuts under Obamacare. The only ones with tax increases are those who choose to not buy insurance and stick the rest of us with their hospital bills.

Your ignorance will not avail you. Don't you have a news feed that isn't channeled through the DNC?

Show me the analysis that shows this is the "biggest tax increase in the history of the world".

I'm on to you, I could go to all that trouble but no matter what, you'd just say "no it isn't" and continue on in your blind support of big government socialism. Sometimes ya just gotta write off some people as loss leaders, y'know, like spoiled milk or week-old bananas. There's nothing you can do about damaged goods, but at least others can take warning from the smell.

Ok, show me a list of global tax increases by size

Or, you could just stop making s*** up for once.

Or TPT could for the first time in his life actually take a dose of his own medicine as painful as that truth is!