Yesterday Jon from the always excellent PlanetMoron.com pointed to a funny bit on the government’s changing spin on the stimulus that I thought you might enjoy. Here it is…
Joe's Jolts
Today Vice President Joe Biden argues that the stimulus bill is misunderstood.He writes: "The act was intended to provide steady support for our economy over an extended period — not a jolt that would last only a few months." Yet as Mark Silva reports:
As recently as June, at a roundtable in New York, Biden called the Recovery Act "an initial big jolt to give the economy a real head start.''
In March, the vice president said ''the Recovery Act, as we call it, provides a necessary jolt to our economy to implement what we refer as 'shovel-ready' projects.''
And in November, as a new White House in planning was assembling its new economic team, President-elect Barack Obama said: "The most important thing to recognize is that we have a consensus, which is pretty rare, between conservative economists and liberal economists, that we need a big stimulus package that will jolt the economy back into shape and that is focused on the 2.5 million jobs that I intend to create during the first part of my administration. We have to put people back to work."
Joe's Jolts
Today Vice President Joe Biden argues that the stimulus bill is misunderstood.He writes: "The act was intended to provide steady support for our economy over an extended period — not a jolt that would last only a few months." Yet as Mark Silva reports:
As recently as June, at a roundtable in New York, Biden called the Recovery Act "an initial big jolt to give the economy a real head start.''
In March, the vice president said ''the Recovery Act, as we call it, provides a necessary jolt to our economy to implement what we refer as 'shovel-ready' projects.''
And in November, as a new White House in planning was assembling its new economic team, President-elect Barack Obama said: "The most important thing to recognize is that we have a consensus, which is pretty rare, between conservative economists and liberal economists, that we need a big stimulus package that will jolt the economy back into shape and that is focused on the 2.5 million jobs that I intend to create during the first part of my administration. We have to put people back to work."
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