Did Shea-Porter ‘Misread’ the Stimulus, or Just Not Read It at All?
Washington- Carol Shea-Porter's support for the trillion-dollar ‘stimulus’ bill is looking worse by the day. After creating mountains of new debt for generations to come while failing to turn the tide of a worsening recession, Washington Democrats are now attributing its failure to a ‘misread.’
“‘The truth is, we and everyone else misread the economy,’ [Vice President Joe] Biden told me during our exclusive ‘This Week’ interview in Iraq.”
“Biden acknowledged administration officials were too optimistic earlier this year when they predicted the unemployment rate would peak at 8 percent as part of their effort to sell the stimulus package. The national unemployment rate has ballooned to 9.5 percent in June -- the worst in 26 years.” (George Stephanopoulos, “Biden: We ‘Misread the Economy,’” ABC News, 7/5/09)
“Unfortunately for Carol Shea-Porter, her best defense against charges that she misread the impact of the Democrats’ trillion-dollar spending spree may be that she didn’t read the bill at all,” said NRCC Communications Director Ken Spain. “With over two million jobs lost, New Hampshire families deserve a member of congress who can actually comprehend the consequences of her actions rather than someone who votes in lock-step with Nancy Pelosi and asks questions later.”
House Majority Leader Steny Hoyer (D-MD) defended the stimulus this weekend while simultaneously admitting its failure:
“House Majority Leader Steny H. Hoyer, Maryland Democrat, on Sunday said he also was disappointed with the results of the stimulus program.
“‘I don't think anybody can say that we're honestly satisfied with results so far of the stimulus,’ Mr. Hoyer said on ‘Fox News Sunday.’”
“‘The stimulus package was absolutely essential,’ he said, blaming the need for its existence on the ‘tanking economy’ that Mr. Obama inherited from the Bush administration.” (Sean Lengell, “Biden: White House ‘Misread’ Economy,” Washington Times, 7/5/09)
Democrats forced a vote on the so-called ‘stimulus’ bill before a single member was able to read its pork-stuffed contents:
“As the Democrat-dominated House and Senate thoughtfully passed judgment on a 1,100-page ‘stimulus’ bill that Sen. Frank Lautenberg admitted no one would read before the vote, the media elite were positively giddy. On the ‘NewsHour’ on PBS, liberal analyst Mark Shields proclaimed ‘I think it's a monstrous success’ for President Obama. That's correct, with an emphasis on the ‘monstrous.’” (L. Brent Bozell, “We’re Not All Socialists,” Wall Street Journal, 2/20/09)