On this weekend’s “This Week with George Stephanopolous,” Vice President Joe Biden said: “We misread how bad the economy was.”

He and Obama “misread” how bad the economy was?!

Pardon me, but weren’t they elected on the basis of their self-touted ability to manage the economy back to relative health? Didn’t they slam into Senator John McCain as inept on economic issues, as a man incapable of reading the economy and crafting appropriate policies to bring it back? Didn’t The Bama position himself as the Only One who could fix it? Didn’t he promise to deliver results, such as keeping unemployment to 8% if he were elected and his policies implemented?

And how.

And yet, here we are, at 9.5% unemployment and rising, home foreclosures at record levels and climbing, and multiple industries—including those which have received hundreds of billions of dollars in federal bailout money, from banks to the auto industry—in collapse and/or in bankrupcy.

The trillions of dollars The Bama and his socialist posse have already spent have accomplished absolutely nothing. In fact, all of this government intervention has made things worse.

The Biden says they “misread” how bad the economy was? You “misread” how many calories are in a Snickers bar. You don’t “misread” how bad the economy is, ESPECIALLY when you have spent almost an entire year telling us what a “catastrophe” the economy is, what an epic “crisis” we are in, and how it’s “the worst economic crisis than the Great Depression.”

From all of that apocalyptic rhetoric, it sure SEEMED like Team Bama read the economy just right. Unless, of course, they were trying to sow panic in order to get their massive spending plans through. But they wouldn’t do such a thing, would they??

Now The Biden says all of that over-the-top crisis rhetoric wasn’t ENOUGH. That the economy was WORSE even than that. Which means, of course, they are going to try to spend TRILLIONS MORE on payouts to their Democratic constituencies, disguised as additional “stimulus” spending.

They really think we’re buying this elaborate tap dance of lies and corruption. But then again, if it’s not stopped through our outrage and our own community organizing, then they have every reason to continue thinking it.

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