Joe Biden’s outright lie

By Scott A. Robinson, Editor

Filed Under General, Race for White House 2012 on Jan 23 

Joe Biden has again demonstrated the moral fiber of this administration that we are now ruled governed by. Biden has outright lied on ABC about the Obama administration’s ultra-liberal Keynesian economic policies, in much the same way that Al Gore lies about global warming (no, there is not a “consensus”, there really are credible scientists that do not believe in man-created global warming, hundreds of them, in fact).

Harvard economist Greg Mankiw pointed this out on his blog:

In a TV interview last month, Vice President Joe Biden said the following:

Every economist, as I’ve said, from conservative to liberal, acknowledges that direct government spending on a direct program now is the best way to infuse economic growth and create jobs.

That statement is clearly false. As I have documented on this blog in recent weeks, skeptics about a spending stimulus include quite a few well-known economists, such as (in alphabetical order) Alberto Alesina, Robert Barro, Gary Becker, John Cochrane, Eugene Fama, Robert Lucas, Greg Mankiw, Kevin Murphy, Thomas Sargent, Harald Uhlig, and Luigi Zingales–and I am sure there many others as well. Regardless of whether one agrees with them or not on the merits of the case, it is hard to dispute that this list is pretty impressive, as judged by the standard objective criteria by which economists judge one another. If any university managed to hire all of them, it would immediately have a top ranked economics department.

That’s change I can believe in. Because if all the experts do not all line up behind your plans, just say they do because you think Americans are stupid and will believe whatever you say.

Oh wait, I guess that worked once already. Hope. Change. Blah.

Comments

  • Patrick Keegan

    Oh, and I love how in that quote from Greg Mankiw’s blog, that one of the “well-known economists” is none other than… Greg Mankiw.

    Wow, not only is he pushing his own agenda, he’s got quite the inflated opinion of himself!

    But seriously, economists have about a good a record predicting what path the economy takes as a weatherman does the weather.

    Average at best.

  • Alaina Segovia

    Hey, if you say something enough it becomes true… at least that seems to be Biden and Obama’s way of thinking.

  • Tobias

    Jeez, you guys are wasting NO time spinning yourselves into irrelevance. Biden’s a bombastic guy. The vast majority of respectable economists agree that government spending is an extremely necessary component of an economic stimulus.

    and you’re really going to try and apply “Because if all the experts do not all line up behind your plans, just say they do because you think Americans are stupid and will believe whatever you say.” to the OBAMA Administration, as if that wasn’t the entire mantra of the Bush years?

  • Lawson

    This is always the way of the left.
    “Saving the world” especially from itself allows no disagreeement.

  • Fabs

    Man, Joe C already beat me to the FDR comments.

    The day every economist agrees on something is the day there’s only one economist left. Maybe it will be the global warming that will kill them all of.

  • Joe Citizen

    Vice President Biden then referenced the Great Depression again, noting the chains of emails and Twitter updates FDR broadcast to leading economists to build consensus on big spending.

  • Red State Eddio

    Boy, I love the smell of truth in the morning. Nicely done, Scott.

    • mememe

      I know, I know..
      Right-wingers are always right about everything. We should let them run things.
      Oh, wait..
      We already DID.

      Shut yer yaps.