Joltin' Joe Strikes Out
Written by Brian Garst, Posted in Economics & the Economy
Vice President Biden in a New York Time’s op-ed on the porkulus:
The care with which we are carrying out the provisions of the Recovery Act has led some people to ask whether we are moving too slowly. But 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.
Contrast this with these Bidenisms over the previous weeks and months:
And, of course, we also came forward with what we’re going to talk about today, the American Recovery and Reinvestment Act, an initial big jolt to give the economy a real head start.
The Recovery Act, as we call it, provides a necessary jolt to our economy to implement what we refer as “shovel-ready” projects…
Also, here’s Obama from November, 2008:
But what I want to emphasize is that there is a consensus among across the political spectrum that we need a stimulus, and we have to make sure that the stimulus is significant enough that it really gives a jolt to the economy, that it is putting people back to work, that it is making investments, that it is restoring some confidence in the business community that, in fact, their products and services are going to have customers.
And so we are going to do what’s required to jolt this — this economy back — back into shape.
And finally, here’s Obama in his very first little press conference telling us how only the big, bad federal government could give us that electric feeling:
But at this particular moment, with the private sector so weakened by this recession, the federal government is the only entity left with the resources to jolt our economy back to life. It is only government that can break the vicious cycle where lost jobs lead to people spending less money which leads to even more layoffs. And breaking that cycle is exactly what the plan that’s moving through Congress is designed to do.
Hat-tip: NRO’s The Corner