Monday, July 6, 2009

Biden: We "Misread the Economy"

Mr. Vice President, since the Obama Administration, by your own admittance, "misread" the gravity of the problems in the economy, it is also a certainty that you "misread" the solution or antidote to our problems, too. The same was true of the economics team of your predecessor as well. We don't need you to micromanage our economy. We need you to get out of the way so it can heal and begin to rebuild. Monstrous spending and extractions of resources from the private sector will only make matters worse over the longer-term. You are amplifying the problems that you seek to control!