Biden Blames Tea Party for Bad Economy: Should Obama Dump Biden?
Fef
2012/05/23 05:19:52
Vice President Joe Biden admitted that the US has an awful economy during President Obama's term... and Biden acted as the typical Democrat by blaming someone else for his party's problem: Biden blamed the Tea Party for the bad economy. VP Biden forgets that the Democrats controlled the entire government (Congress, Senate and White House) for the first two years of Obama's presidency. Senate Democrats did not propose a budget in those years (and still haven't).
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Like ''the problem with this ticket lies at the top''
Keeping Biden or dumping him will make no difference.
Keep the Gaffe machine or expose how worried obama is and replace him?
Mmm, decisions decisions.
need to have a fall guy , and joe is fallen on his face enuff,,,
He was right, the Tea Party controlled Republican Party refuses to compromise, caused the credit downgrade, and is sitting on their ass not doing one thing to help the economy along. The reason is, they don't WANT to help the economy along. They want it to fail so they can blame Obama in the hope they can take the White House, so there will be no executive opposition to their destructive failed economic philosophy and they can finally destroy the middle class.
easier to choose.
The TEA Party is the ONLY thing that saved this nation from slipping into the abyss in Jan. 2011 and pass the point of no return. Now, we have to finish the job.
And if you believe THAT!!!!
I got 50 acres of swampland in arizona.
Biden is absolutely correct.
In its statement, S&P said that it had changed its view "of the difficulties of bridging the gulf between the political parties" over a credible deficit reduction plan.
S&P said it was now "pessimistic about the capacity of Congress and the administration to be able to leverage their agreement this week into a broader fiscal consolidation plan that stabilizes the government's debt dynamics anytime soon."
One analyst suggested the downgrade might move Congress to take concrete steps to fix the nation's budget problems.
"It's a downgrade and it's bad, but if it spurs more conversation about bringing down spending and maybe more intelligent tax policy, it could be a good thing in the long run," said Frank Barbera, a portfolio manager of the Sierra Core Retirement Fund.
The Federal Reserve and other U.S. regulators said in a joint statement that S&P's action should not have any impact on how banks and other financial institutions assess the riskiness of Treasurys or other securities guaranteed by the U.S. government. The statement was issued to make sure banks did not feel that the downgrade would affect the amount of capital that regulators require the banks to hold against possible losses.