Joe Biden said a day or two ago, that the stimulus package has a 30% chance of failing. Which is interesting because in all of this economic hubbub, its been mostly republicans who've been saying the package won't work.
It kind of scares me that Biden said this, whether or not it was true, because it hints that even the democrats aren't optimistic. Biden could have said the package has a 70% chance of success. Its a true statement, given that Biden's assessment of failure was true, but it is more optimistic and kinda runs along the theme of Hope, which Obama and Biden ran on. I'm not saying they should lie to us, but this is the future of our nation right here. A little optimism won't hurt.
All in all, words like equity and mortgage and liquidate turn my brain into jelly, so I don't really understand the whole mess, I just hope to god the Congress is doing the right thing.
"I wouldn't describe any numerical percentage to any of this…given the magnitude of the challenges that we have, any single thing that we do is going to be part of the solution, not all of the solution," Obama
J Kuhl Signing Off
Monday, February 09, 2009
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