Biden: Recession Worse Than Feared

No gaffes here: Vice President Biden appeared on This Week Sunday morning and spoke relatively candidly about the recession, saying the Obama administration “misread how bad the economy was” and that the $787 billion stimulus plan was “the right package” although it will take months for many of the programs to take effect. He added that the current 9.5 percent unemployment rate is “much too high.” Regarding Iraq, Biden said the administration will hold fast to its commitment of withdrawing troops from cities, as they “believe the Iraqis will be fully capable of maintaining their own security.”