Apparently Joe Biden is the one chosen to carry the story that the reason the $862 billion “stimulus” plan failed is because of the stingy GOP.
Ed Morrissey pulls that apart like a kid pulling the wings off a fly. First Biden:
“There’s a lot of people at the time argued it was too small,” he said. “A lot of people in our administration…even some Republican economists and some Nobel laureates like Paul Krugman, who continues to argue it was too small.”
“But, you know,” Biden told Tapper, “there was a reality. In order to get what we got passed, we had to find Republican votes. And we found three. And we finally got it passed,” Biden said.
But if it wasn’t for the legislative reality, Biden explained, “I think it would have been bigger. I think it would have been bigger. In fact, what we offered was slightly bigger than that. But the truth of the matter is that the recovery package, everybody’s talking about it [like] it’s over. The truth is now, we’re spending more now this summer than we — I’m calling this…the summer of recovery,” the Vice President said.
"Legislative reality" at the time consisted of prohibitive majorities on the Democrats side in Congress. They ddin’t need a single GOP vote – not one. And, in fact, as Morrissey points out, the original package was to be $775 billion and the final package was $862 billion pig we got stuck with. In fact it was bigger than what had been asked for by Biden and company. You have to love the revisionist history, don’t you?
Of course Biden is pretty sure the victory in Iraq is possibly one of the "greatest accomplishments" of this administration so it’s no like he’s new at rewriting history. Morrisey also provides us with a couple of Obama quotes that sort of kick the Biden contention in the gut:
February 5th, 2009:
While efforts have been under way in the Senate to whittle the plan back to $800 billion or less, Mr. Hoyer said he believed it should be higher, at like $880 billion. Earlier on Air Force One, Mr. Obama was asked by pool reporters traveling with him about the size of the proposal …
Asked if the figure should be $800 billion and not more, Mr. Obama said: “Well, I gave you a range. I think we’re in range.”
And February 9th, 2009:
“It is the right size, it is the right scope. Broadly speaking it has the right priorities to create jobs that will jump-start our economy and transform it for the 21st century,” Obama said of the more than $800 billion bill at a rally in Elkhart, Indiana.
If the stimulus was too small (it wasn’t), it had zip to do with the GOP. And Joe and company isn’t fooling anyone but those who want to believe fantasy over reality. As usual, the Democrats blame-game runs into reality and facts and comes out second-best.
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