Quote:
Originally Posted by justplugit
Joe Biden on Meet the Press last Sunday was asked why so many jobs
are being lost, even after the Stimulus Package.
His answer, " EVERYBODY guessed wrong". 
No Joe, not EVERYONE. 
GUESSER??? So much for our so called intellectual community organizer / law instuctor. |
I believe the context for this statement was that the Administration used mainstream estimates for their economic projections, hence "everybody" being the entire economic community and not just the Administration.
It is fair to say that the actual economic numbers turned out worse than most had estimated.
To imply that Obama was "guessing" isn't really accurate.
That's not to say that they haven't made some very rosy predictions on economic stimulus impact as they certainly have.
-spence