• Joe Biden Just Blasted Obama On The Economy . . . Again

    'The Middle Class Has Been Left Behind'

    Sometimes I wonder if Vice President Joe Biden ever tires of the taste of his own foot in his mouth.

    On one hand Joe Biden wants to be taken seriously, as a world leader and as a potential presidential nominee. And on the other hand he has an insatiable appetite for gaffes–something that’s plagued Joe Biden’s please-take-me-seriously persona.

    Speaking at a campaign event for Iowa Congressman Bruce Braley, Uncle Joe said Obama’s economic policies have failed to help lift up middle class Americans.

    “But you know the truth: The middle class is still in trouble,” Biden said. “You don’t have to know the numbers, you can feel it. You can feel it in your bones.”

    You can imagine the looks of bewilderment in the crowd. Biden was likely hoping for some applause. He didn’t get any.

    So Biden continued to try to instill hope in the crowd by painting an even darker picture of what Obama’s presidency has done to the U.S. economy.

    “According to all the statistics, all the economic policy institutes, and all these groups that are outside experts in the economy, the gross domestic product means the nation grew over the last ten years by over 25 percent, and productivity went up over 30 percent,” Biden added. “But middle class wages went up by only 14 cents. Hear me? 14 cents. You know it. You don’t have to know the number, but you know. The middle class has been left behind.”

    Those comments from Biden are about as cring-worthy as when he said team Obama “misread how bad the economy was,” just as unemployment hit 9.5 percent.

    Nevertheless, Biden is correct.

    Obama’s economic policies have hurt all Americans and they have prolonged the recession.

    Via Forbes:

    In the 10 previous recessions since the Great Depression, prior to this last recession, the economy recovered all jobs lost during the recession after an average of 25 months after the prior jobs peak (when the recession began), according to the records kept by the Federal Reserve Bank of Minneapolis.  So the job effects of prior post Depression recessions have lasted an average of about 2 years.  But under President Obama, by April, 2013, 64 months after the prior jobs peak, almost 5½ years,we still have not recovered all of the recession’s job losses.  In April, 2013, there were an estimated 135.474 million American workers employed, still down about 2.6 million jobs from the prior peak of 138.056 million in January, 2008.

    Nearly every poll is showing Bruce Braley losing this race. And those polls were taken before Joe Biden’s latest gaffe.

    h/t WFB

    Jerome Hudson

    Managing Editor

    Jerome Hudson has written for numerous national outlets, including The Hill, National Review, and The Atlanta Journal-Constitution and was recognized as one of Florida’s emerging stars, having been included in the list “25 Under 30: Florida’s Rising Young Political Class.” Hudson is a Savannah, Ga. native who currently resides in Florida.

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