Austan Goolsbee, chair of the White House Council of Economic Advisers, tried this weekend to reel back in the economic expectations of the administration's disastrous "Recovery Summer" campaign:
Goolsbee also said the "Summer of Recovery" touted by Vice President Joe Biden was a reference to the stimulus plan, not economic recovery.
"The vice president was talking about the Summer of Recovery in reference to the recovery act — that you would see the creation of a series of infrastructure and other projects ramping up over the summer, and you did see that," Goolsbee said.
Goolsbee is right on emphasis, but dead wrong on absolutism. The Recovery Summer was focused on highlighting that the number of stimulus-funded projects was really gonna kick in this summer. But if you think that the vice president wouldn't use that opportunity to make extravagant claims about the economy, then you don't know Joe. Here he was launching the propaganda tour:
"The fact is the Recovery Act is working," Biden told a news conference as the administration kicked off a six-week series of events called "Recovery Summer," to highlight the numerous infrastructure programs funded by the 787-billion-dollar plan.
"We've gone from hemorrhaging over 700,000 jobs a month the first several months we got here and turned on the lights in the West Wing here, to adding more -- several hundred thousand jobs a month the last several months."
"The fact is the Recovery Act is working," Biden told a news conference as the administration kicked off a six-week series of events called "Recovery Summer," to highlight the numerous infrastructure programs funded by the 787-billion-dollar plan.





No comments:
Post a Comment