The U.S. needs more economic stimulus, Joe Biden says, the first remark by an administration...


The U.S. needs more economic stimulus, Joe Biden says, the first remark by an administration official to signal Pres. Obama likely will unveil a broad-based plan next month to boost job growth and the economy. On S&P's (MHP) announced leadership change, Biden's "instinct" says pressure came from businesses angered by the U.S. debt downgrade.

Comments (24)
  • spald_fr
    , contributor
    Comments (2814) | Send Message
     
    [Biden's "instinct" says pressure came from businesses angered by the U.S. debt downgrade. ]

     

    That's what Joe is known for. Great Instincts.
    26 Aug 2011, 01:54 PM Reply Like
  • haschrad
    , contributor
    Comments (49) | Send Message
     
    Too bad 'The Gong Show' is no longer around - the clowns in DC would have provided endless entertainment. It would be especially nice if we could simply bang on a gong to get them to go away.
    26 Aug 2011, 01:54 PM Reply Like
  • catamount
    , contributor
    Comments (381) | Send Message
     
    So, your wish is for a centralized power that can "simply bang a gong" to make shit happen?

     

    I think you need to re-read Jefferson's writings or you lose your citizenship. Forever.
    26 Aug 2011, 02:23 PM Reply Like
  • Tony Petroski
    , contributor
    Comments (6356) | Send Message
     
    Reuters reported that "inside sources say the Chinese want Biden to stay in the country and act as a senior economic advisor to the Central Committee..."

     

    But this was revealed by a blog source as a hoax.
    26 Aug 2011, 01:57 PM Reply Like
  • moreofthesame
    , contributor
    Comments (739) | Send Message
     
    Finally, a "broad-based" plan. ahhh yes, excellent work.

     

    Insightful analysts could interpret that as a plan based on broads.... aka cheap women but lets wait feverishly for the Presidents speech in september.
    26 Aug 2011, 02:00 PM Reply Like
  • catamount
    , contributor
    Comments (381) | Send Message
     
    It's safe to say that you are comfortably in your own head. Not really sure why you have the urge to attempt communication when you talk in riddles. Good luck!
    26 Aug 2011, 02:25 PM Reply Like
  • Positive Equity
    , contributor
    Comments (476) | Send Message
     
    Wonderful let's spend more money and run up the deficit. We need to vote these deficit builders out of office as soon as possible.

     

    The new slogan for the opposition parties should be:
    "IT'S THE DEBT STUPID!"

     

    Because Biden and Obama just don't get it. Neither do their European counterparts.

     

    It's easy to spend other people's money as they have shown they are very capable of doing without regard to fiscal consequences. They relied on the Feds to bail them out in the past. Now they are going to have to face the consequence of their spending. Get ready for an ugly 2011.
    26 Aug 2011, 02:01 PM Reply Like
  • OptionManiac
    , contributor
    Comments (3496) | Send Message
     
    Reducing the debt will not increase job growth, laying off government workers will lead to more unemployment - at this time (there is a time for everything).
    That being said - most of the stimulus was thrown at states so they could meet the payrolls of their own government workers. If only, and it is a big if because it takes a lot of non-political planning - if only the money was used for an efficient rebuilding of our infrastructure in which the hires would be paying local and state taxes and spending money and begetting further economic activity. In a near perfect world, this would have come a lot closer to working than what was done with the money. But our deficit has nothing to do with unemployment now, just look at interest rates.
    26 Aug 2011, 02:12 PM Reply Like
  • catamount
    , contributor
    Comments (381) | Send Message
     
    I'm sure you were screaming mad in 2003 when it was decided we should waste 100s of billions of $ fighting a war for independence in place of the actual citizens (i.e. Iraq).

     

    You people need to shut_the_fuck_up about spending unless you can point to something you have written on the 'net complaining about unfunded wars.
    26 Aug 2011, 02:27 PM Reply Like
  • Joe Morgan
    , contributor
    Comments (1608) | Send Message
     
    Impeach Barracka Hussein Omama, the biggest spender ever without showing real growth for it....just a new pile of debt....
    26 Aug 2011, 06:28 PM Reply Like
  • Herr Hansa
    , contributor
    Comments (3130) | Send Message
     
    ... then you get ... President Joe Biden
    26 Aug 2011, 06:49 PM Reply Like
  • IgnisFatuus
    , contributor
    Comments (2727) | Send Message
     
    <Reuters reported that "inside sources say the Chinese want Biden to stay in the country and act as a senior economic advisor to the Central Committee...">

     

    Tony, with lines like this you should seriously consider the Comedy Club circut!!
    26 Aug 2011, 02:08 PM Reply Like
  • catamount
    , contributor
    Comments (381) | Send Message
     
    The problem I have with his "humor" is that this is not a humor site, and most of the comments (and many others) come across as adolescent-minded, 50-somethings, with a very vague sense of logic and facts.
    26 Aug 2011, 02:30 PM Reply Like
  • Tony Petroski
    , contributor
    Comments (6356) | Send Message
     
    Mr. catamount. Even adolescent-minded 50-somethings (you got that right) with only a very vague sense of logic and facts still need an outlet as without humor we're left taking the Bidens of the world at face value.

     

    (adolescent comedy warning)

     

    And Biden's face doesn't have much value although Reuters reported that "the communist Chinese, while acknowledging that Biden has little face value, still allowed him to save face, normally thought to be just a custom of the far east."
    26 Aug 2011, 03:21 PM Reply Like
  • catamount
    , contributor
    Comments (381) | Send Message
     
    Petroski: Well played, sir.
    26 Aug 2011, 07:04 PM Reply Like
  • davidingeorgia
    , contributor
    Comments (2661) | Send Message
     
    Ah, apparently they missed paying off a few political cronies and unions, etc. with the first round of "stimulus"...with an election coming up in 2012, it's time to make sure all their supporters have been properly bribed.

     

    26 Aug 2011, 02:08 PM Reply Like
  • Angel Martin
    , contributor
    Comments (1370) | Send Message
     
    after a overseas trip filled with foot in mouth moments, bozo joe manages a few more on the plane ride back home...
    26 Aug 2011, 02:09 PM Reply Like
  • spald_fr
    , contributor
    Comments (2814) | Send Message
     
    Wait, Stuart Margolin (aka Angel Martin). He's going to visit Japan next. It's got all the elements for a Joe boner. Nuclear contamination, war history, disaster and US assistance. I'm betting he puts his foot in his mouth, big time.

     

    Something like: "Can you imagine the effects of the tsunami and contamination if we would have also dropped Big Boy at the same time? I'm telling ya. That would have been worse. So, things aren't as bad as you think. Buckle up and stop this darn deflation. Continue to bow, though. I like that."
    26 Aug 2011, 02:18 PM Reply Like
  • catamount
    , contributor
    Comments (381) | Send Message
     
    "after a overseas trip[...]"

     

    Please report to grammar school, ASAP.
    26 Aug 2011, 02:32 PM Reply Like
  • Poor Texan
    , contributor
    Comments (3527) | Send Message
     
    As long as Biden is a heartbeat away from the presidency, Obama doesn't have to worry about being impeached.
    26 Aug 2011, 03:31 PM Reply Like
  • Herr Hansa
    , contributor
    Comments (3130) | Send Message
     
    Tax cuts, or cleaning up the business tax code, would be stimulus.
    26 Aug 2011, 02:23 PM Reply Like
  • OptionManiac
    , contributor
    Comments (3496) | Send Message
     
    Agree with the second half of your statement, but both Bush and Obama have cut taxes, but to no avail. We are in a new economy, little things will do nothing.
    26 Aug 2011, 02:29 PM Reply Like
  • Mad_Max_A_Million
    , contributor
    Comments (1175) | Send Message
     
    I believe the House of Representatives was stacked last fall to put the skids on any more liberal tax, spend, and money printing operations.
    Elections have consequences, Joe.
    26 Aug 2011, 02:27 PM Reply Like
  • Duude
    , contributor
    Comments (3413) | Send Message
     
    This isn't the first remark from an administration official. Obama has been harping about a new jobs program. Any jobs program from Obama always costs money. Even government cuts cost more money. I fully expect Obama will propose a program for infrastructure, a continuation of unemployment checks and a continuation of the payroll tax cut. How the payroll tax cut and more unemployment checks will somehow add more jobs I'll never know.
    26 Aug 2011, 03:36 PM Reply Like
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