Daily Danet on Twitter

  • http://t.co/T4ztlbzz Coming soon to MoveOn.com: Let Him Starve ads. TX stops treating the condemned like kings on their last day. 22 minutes ago

  • http://t.co/GyNfy8iJ At $16 per muffin, inviting the Fridge Perry to the White House is gonna be pricey. #tlot #tcot #1985Bears 25 minutes ago

  • http://t.co/GyNfy8iJ Having solved the economic, housing and jobs crises, Obama turns his attention to the 1985 Bears. 26 minutes ago

  • http://t.co/XbWXnIK1 Despite internal emails to the contrary, Obama claims he was lied to about steaming pile that was Solyndra. #tcot 28 minutes ago

  • Huntsman picks his lovely wife... 13 hours ago

  • I think Ron Paul just voted for himself as VP. 13 hours ago

  • Finally, we figure out why Gary Johnson brings to the party! #shovelready 13 hours ago

  • @RichLowry agreed, We need him back desperately. 13 hours ago

  • http://t.co/ZHhhrQ1r was the hand over heart thing another dig from Romney to Perry #gopdebate #tcot 13 hours ago

  • @EdMorrissey a woman told me that that's a side effect of HPV. She was crying, so I believe her. 13 hours ago

  • @andylevy we get confused sometimes. Let him die, kill him, pro life. It's very confusing. 13 hours ago

  • How many times has Romney said he or Perry don't know what Perry is talking about? #tcot #gopdebate 13 hours ago

  • If you go more than 30 seconds over, you get a Windows general protection fault. #gopdebate #google 13 hours ago

  • so much for the "let him die" party. /applause for @hermancain 13 hours ago

  • I hope Perry says he looked into Bush's eyes and saw his soul. #putin #gopdebate #tcot 13 hours ago

  • Did some jerkkoff just boo a soldier for being gay? Argue the policy, not the people. 13 hours ago

  • @hermancain would replace the 10 Commandments, the Holy Trinity and all the saints with his 9-9-9 plan. #gopdebate 13 hours ago

  • #huntsman is totally going to ask me to work the weekend, I can feel it. mmkay? #officespace #gopdebate 13 hours ago

  • I wonder how many jobs a border fence would create. It's certainly shovel ready. 14 hours ago

  • RT @JonahNRO: I could totally give Huntsman a chance if he wasn't him. 14 hours ago

Funny Math

Saturday, September 5, 2009
By Dan

[Vice] President Joe Biden was out stumping for his stimulus bill (now that it’s gone south, Obama has pawned it off on him). Left to reconcile Obama’s lofty rhetoric with the cold, stark reality, Biden laughably said on Thursday that the stimulus bill had created or saved between 500,000 and 1,000,000 jobs. Really? Name them.

Keep in mind that this is the administration that (i) cried that they had inherited the worst economy since the Great Depression and (ii) that if we passed the stimulus bill, unemployment would not rise above 8%. Now, out of alternate sides of their mouths, we hear (i) they underestimated how bad things were and (ii) things are not so bad and the stimulus is working.

Taking the first point, the Great Depression was pretty bad. I wasn’t there, but I’ve read books, seen pictures, talked to those who were there. 10% unemployment is a blip compared to 25%. Second, and here is the really screwy bit, right now, there are officially 14.9 million people (or 9.7%) “unemployed” (not counting those who would like to work but are discouraged from looking or are pursuing other things, like stay-at-home parents, students and early retirees).

If you take Biden at his word, there would be 15.9 million people unemployed. That would be an unemployment rate of 10.3%. So are Obama and Biden really saying that their administration so badly misjudged things that they didn’t know this economy would result in 10.3% rather than 8%? That’s a difference of over 3.5 million jobs. Over six months. That would be pretty embarrassing all by itself.

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