Incidentally, Joe Biden Was Wrong About That Whole ‘Misreading the Economy’ Thing


President Obama shrugged off Vice-President Biden’s recent comment that the administration had “misread” how bad the economy was today, telling NBC News that “We haven’t always gotten the numbers right, but I think the general overview is right … We went through an economic tsunami that was far worse than anything we have gone through since the Great Depression, and even early on I think we did not see the full magnitude of what was going to happen.” We imagine he then added, “Hey, look, Stevie Wonder’s doing, ‘Never Dreamed You’d Leave in Summer’! Can’t miss this! Gotta go!”

Obama: US Did Not Misread the Economic Downturn [CNBC]