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Biden: New Stimulus Needed ‘Even if We’re Growing at 8%’ and Have ‘3% Unemployment Rate’

Penny Starr
CNS News [1]
Sept 30, 2011

Vice President Joe Biden said Congress should pass the $450-billion American Jobs Act even if the economy were growing at 8 percent and unemployment were as low as 3 percent.

“Look, we should be doing all of this stuff even if we were growing by 8 percent, even if there was a 3 percent unemployment rate in America,” Biden said at an event on Thursday to promote the legislation. “We need better roads, we need better bridges, we need safer streets.”

“We need to be in a position where our kids are in classrooms where there’s enough qualified teachers, where they are in fact in classes where they are safe,” Biden said.

The vice president made his remarks at the headquarters of the Alexandria Police Department in Alexandria, Va., where he also announced that the agency was one of the recipients of a federal grant to fund the hiring of new officers.

The Alexandria Police Department will hire four officers with the almost $859,000 it received from the more than $243 million in grant funds.

“We’ve got to kick start this economy that’s stalled,” Biden said of the $450 -billion proposed American Jobs Act.

Full article here [1]