When asked about the economy on This Week w/ George Stephanopoulos, Joe Biden told Stephanopoulos, "the figures we worked off of in January were the consensus figures and most of the blue chip indexes out there...We misread how bad the economy was, but we are now only about 120 days into the recovery package."
This is where I think people like Larry Summer and Tim Geitner are shown to be really terrible choices. How could they not know how bad things were unless they weren't really paying attention to the Paul Krugman' of the economy world screaming, Iceberg! Or, they surrounded themselevs with people (Geitner & Summers) who played in down in order to have their half asses verson of a stimulus plan - one which gave away 35% of the stimlus in taxes cutting immeidately spending down to half of the 1.2 trillion most secomommist were calling for.
Either way, I think they can still righ the ship, but that big turn this ocean liner of an ecomomy Obama said was going to be make - four months ago - will need to correct it's heading again.
Other thing's Biden said, via HuffPo:
Iraq withdraw still on schedule for 2011, even if violence flairs up?:
"That is the intention. We believe the Iraqis will be fully capable of maintaining their own security."
"If the Iranians respond to the offer of engagement, we will engage. The offer's on the table."
"Look, Israel can determine for itself - it's a sovereign nation - what's in their interest and what they decide to do relative to Iran and anyone else."On North Korea & their recent missile launches:
"The question is, is there anything that we should do about it?
"Look, this has almost become predictable behavior. Some of it seems like almost attention-seeking behavior.
"We have succeeded in uniting the most important and critical countries to North Korea on a common path of further isolating North Korea."