In an attempt to share the blame for the “catastrophe” that the democrats own lock-stock-and barrel Joe Biden admits they got it wrong when they predicted the jobs that were to be created (3.5 million) if the $878 billion economic stimulus bill wasn’t passed quickly.
It turns out that Biden NOW predicts only 600,000 jobs will be saved or created by the plan. First things first, while it is admirable that the Democrats finally want to share something with their opponents on the other side of the isle this bill’s failure isn’t one of them that we want or will accept.
As I recall it, in order to rush this bill into law our feckless and irresponsible elected ones failed to even read the damned thing.
“Sen. Frank Lautenberg (D-N.J.) predicted on Thursday that none of his Senate colleagues would "have the chance" to read the entire final version of the $790-billion stimulus bill before the bill comes up for a final vote in Congress.” Cns news 2/13/09“
The Democrats have thrown this at us very last-minute,” said Rep. Zach Wamp (R-Tenn.).
“That’s why the rule of thumb in the United States Congress should be, ‘When in doubt, vote no,’ because the devil is in the details and that’s why this stimulus is not worthy of support.” Cns news 2/13/09“
The bill is expected to land on President Obama’s desk no later than Monday, and the president is expected to sign it into law--whether the nation's lawmakers have read it or not.” Cns news 2/13/09
To be fair, most of the Republicans failed to read it, which is why they all voted no which is quite different than voting yes on a bill that can be enacted without knowing what is in it or even if it contains provisions that are “unconstitutional”.
Now for my next recollection, the final Senate vote for passage of this bill was 61 yeas and 36 nays which were all the Republicans.
The 61 yeas consisted of 58 Democrats and three Republicans (Susan Collins, Olympia Snow and Arlen Specter).
“With the nation falling deeper into recession, Obama used the first prime-time news conference of his presidency to warn that a failure to act “could turn a crisis into a catastrophe.”
He defended his plan against Republican criticism that it is loaded with pork-barrel spending and will not create jobs. “The plan is not perfect,” the president said, addressing the nation. “No plan is."
I can’t tell you for sure that everything in this plan will work exactly as we hope, but I can tell you with complete confidence that a failure to act will only deepen this crisis as well as the pain felt by millions of Americans.” Obama said 90 percent of the jobs created by the plan would be in the private sector, rebuilding crumbling roads, bridges and other aging infrastructure.” - Msmbc 2/9/09
So a little math recap here:
Joe Biden now declares that the $838 billion dollar economic stimulus bill will only net (or save) 600,000 jobs in 2009. The unemployed in May 2009 alone was 787,000 which by my math is a loss of -187,000 before we even get to the end of the May.
“Moments before the vote, the Congressional Budget Office issued a new estimate that put the cost at $838 billion, an increase from the $827 billion figure from last week. "This bill has the votes to pass. We know that," conceded Sen. John Thune, a Republican who has spoken daily in the Senate against the legislation.
Even so, in the hours before Monday's vote, he and other Republican opponents attacked it as too costly, and unlikely to have the desired effect on the economy. "This is a spending bill, not a stimulus bill," said Sen. Lamar Alexander, a Republican. All 36 votes in opposition were cast by Republicans.” – msmbc 2/9/09
With the defection (or as I call it, RINO’s declaring their Democrat roots) the MSM hailed the bill as “bi-partisan” (which meant 3 Republicans broke ranks and voted with the democrats – 3!).
For instance, a 2/7/09 “CNN headline” read:
VOTE EXPECTED TUESDAY AFTER BI-PARTISAN DEAL"
This is not bipartisan," said Sen. John McCain, who lost the 2008 election to Obama. "If this legislation is passed, it'll be a very bad day for America."
"This is not some abstract debate. It is an urgent and growing crisis," President Obama said at a White House ceremony unveiling a new economic advisory board. "If we drag our feet and fail to act, this crisis will turn into a catastrophe."
White House Press Secretary Robert Gibbs said the administration was pleased with the progress. "On the day when we learned 3.6 million people have lost their jobs since this recession began, we are pleased the process is moving forward and we are closer to getting Americans a plan to create millions of jobs and get people back to work," Gibbs said.
Before the bill reached the Senate for their vote the House passed the bill with a vote of 244-188. The breakdown of the vote went something like this:244 Democrats voted yeah, with 11 Democrats voting against it! 177 Republicans voted Nay, 1 Republican not voting.
So when Biden and the Democrats fellow travelers in the MSM try to sell us on the fact that “everyone got it wrong” is cow flop. The only ones who voted for this “spending bill” vs. “economic stimulus bill” were Democrat/Socialists with 3 Republicans in name only voting with them. One of the three has since defected (Specter) back to the Democrats with leave the two Senators that hail from the State of Maine as the traitors to the American Public and their intended political parties.