Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

Biden: ‘Nobody Can Look You in the Eye and Tell You … Stimulus Did Not Create Jobs;’ Yes, at $412,500 Per Job

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

Fred Lucas
CNS News
October 25, 2011

Vice President Joe Biden said yesterday on CNN that nobody can say ”that the stimulus did not create jobs,” but he did not specificy how many jobs he believes President Barack Obama’s stimulus created and how much each of those jobs cost.

According to the most recent report on the stimulus by the Congressional Budget Office, the law had created a maximum of 2 million jobs as the fourth quarter of 2011 at a cost of $412,500 per job.

On CNN’s “State of the Union” on Sunday, host Candy Crowley asked Biden about the skepticism of those who point out “we did almost $1 trillion ins stimulus spending” and the administration said ”unemployment won’t gove above 8 percent,” and yet we have not had the results the administration forecast.

“No. Look, here’s the deal,” said Biden. ”Nobody can look you in the eye and tell you that the Recovery Act and that stimulus did not create jobs and did not do very good things for the economy.

Full article here

This article was posted: Tuesday, October 25, 2011 at 2:49 am





Infowars.com Videos:

Comment on this article

Comments are closed.

Watch the News

FEATURED VIDEOS
See the rest on the Alex Jones YouTube channel.

Ebola Czar: Overpopulation Controls Are Needed in Africa See the rest on the Alex Jones YouTube channel.

© 2013 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.