Biden tells fund-raiser crowd that economy will soon be creating up to 500,000 jobs a month

[sabra]

Source: CNBC

BREAKING NEWS: Biden tells fund-raiser crowd that economy will soon be creating up to 500,000 jobs a month

Read more: http://www.cnbc.com/

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http://whitehouse.blogs.foxnews.com/2010/04/23/biden-predicts-up-to-500000-jobs-created-a-month/

Biden Predicts Up To 500,000 Jobs Created a Month

Vice President Biden on Friday declared that over the course of the next few months, the administration will be creating between 250,000 and 500,000 jobs a month.

He acknowledged that he's gotten into trouble for making job predictions in the past, according to reporters traveling with him, but that didn't seem to stop the VP from making bold assumptions.

The comments came at a Pittsburgh fundraiser where Biden was campaigning for Mark Critz, a candidate in the special election to fill the late Congressman John Murtha's seat.

"I'm here to tell you some time in the next couple of months we're going to be creating between 250,000 jobs a month and 500,000 jobs a month. Because I'm telling you something, folks. We caught a lot of bad breaks on the way down," Biden told the crowd. "We're going to catch a few good breaks because of good planning on the way up."

[Coyote_Bandit]

1. I'll believe it when I see it

Just becase somebody says it doesn't make it so.

[The Northerner]

4. +1

[twiceshy]

16. I know a couple of small business people........

One a woman who owns a plastic packaging company. She was a big supporter of Obama and now is kicking herself for her "mistake". She is not hiring and is hard-pressed to stay afloat. She employs 30 people and is very concerned with the health care mandates (she provides subsidized health care now) and the possible impacts of cap and trade and upcoming tax hikes on folks in her income range. Our congress and executive do not live in the real world of hard numbers and meeting payrolls. They use words like trillions without any concept that it is an un payable debt.

I guess it just keeps rolling till the whole stinking Calliope goes over the cliff.

[saigon68]

31. till the whole stinking Calliope goes over the cliff.

LOL

[Synicus Maximus]

21. me too

[SocialistLez]

26. +1 * all the unemployed and undermployed people out there NT

[sakabatou]

33. Same here

[Brickbat]

2. That's nice.

Call me when we hit that number, because I'd sure like to see it.

[DCBob]

3. I hope he is right but he may regret having made that comment..

There are still some significant issues to deal with to get job growth to that level. But hey, I am with ya Joe.. lets be "f'king" optimistic!!!

[nyy1998]

22. I tihnk the list of regrettable comments that Joe has said would fill a large book

But it's why we love him!

[DCBob]

24. Ha!! yes indeed..

:thumbsup:

[Tempest]

5. Manufacturing is up and the stimulus is bringing about new construction

Whether it hits a sustained level of 250-500K jobs a month remains to be seen.

[Donnachaidh]

6. wow -- now that's a comment he's going to eat if it doesn't happen

500K a month -- gonna declare war on somebody else? :sarcasm:

[Manifestor_of_Light]

7. We need a WPA.

And one that includes all trades, writers and artists.

[Ramulux]

8. I am hopeful

Yeah Biden makes some stupid gaffes every once in a while, but he acknowledged that and when on to make these predictions. I feel like the administration has something planned, this is just too stupid of a thing to say as a guess. I cant wait to see how they explain how these jobs are going to be created.

[kgnu_fan]

9. I hope this is NOT about 500,000 troop recruitment nt

[Jefferson23]

10. That is one hell of a statement, hope you know what you're saying Joe.

[lib2DaBone]

11. Thers is a BIG diffence between 250K and 500K... night and day...

..If my car wasn't a Ford.. it would be a Lincoln.. if I call a hot dog a "Tube-steak".. does that mean it's better?

What has CONgress done about off-shoring and NAFTA... <crickets>.....<crickets>,,,,,,,

[Jumping John]

12. Yea Joe, it's all about the good breaks. WTF?? n/t

[activa8tr]

13. Things were going well for Obama/Biden recently, and now Joe

opens his fat mouth again.

The guy needs a muzzle sometimes. I swear.

[dencol]

14. 500k low paying jobs, without benefits.

What's the point of a job, if it doesn't enable one to care for themselves and their families? Reform healthcare and corporate theft now.

[SocialistLez]

27. +1

[hugo_from_TN]

15. Mission Accomplished. nt

[hayu_lol]

17. How did he arrive at an even number?

He must have been toking up again.

Oh wait...government buys 500,000 tin cups. Will be issued to unemployed 'little' people so that they can sell pencils on streetcorners.

[dencol]

18. It's called the Census

Those jobs will be gone in a few months. I start next week after over a year of unemployment.

[harkadog]

23. You got it.

[DallasNE]

19. I Wish Biden Wouldn't Have Said This

Because when April doesn't produce the 250-500,000 jobs the Obama administration will get hammered. Never mind that by about August Biden's prediction will prove to be true. This is playing expectations game very poorly.

[Skittles]

20. is he going to pull these jobs out of his ass?

[defendandprotect]

25. k

[Juche]

28. Supposedly 1.5 million people were transitioned from part time to full time work last month

So that is the equivalent of about 700,000 jobs in a month (assuming each goes from 20 to 40 hours). And there aren't endless part time workers out there, you have to start hiring new full timers.

[KillCapitalism]

29. How???????????????????????????

To create that many jobs we'd have to bring manufacturing jobs back to the US en masse and bring back many IT jobs. Many construction jobs working on public works/infrastructure would have to be created.

I really just don't see it happening in this era of hyperglobalization.

[Richard Steele]

30. If I wanted smoke blown up my ass, I'd be at home with a pack of cigs and a short length of hose.

Now that I think about it....never mind.

[truthisfreedom]

32. Freaky.

[saigon68]

34. Hey Joe-- Put down the crack pipe

[pecwae]

35. Well, there is the Census

hiring blitz, but that's hardly worth this optimistic statement.

[OnionPatch]

36. So they're going to stop outsourcing?

Because I don't see it unless they find a way to stop them from shipping all the jobs overseas.

[panzerfaust]

37. As war with China imminent.

[Tripmann]

38. Talk about giving the right wing a sundbite to bash you with

[Odin2005]

39. REAL jobs or just McJobs?

[MisterP]

40. will they be from dividing Iraq into three countries for PNAC? or from parting the bankrupt from

their possessions, as MBNA commands?

[Hawkowl]

41. Delusional beltway ass clown

And I like Biden! Sometimes he lets his mouth run away from him.

[bamacrat]

42. I believe it it may take a few months but It is on its way.

Which if the economy added 500K jobs per month we would be back to where we were before the recession in about 16 to 18 months. Right in time for the re-election campaign. Here's hoping.

[TheWatcher]

43. More Chocolate Rations For All.

:boring:

[tranche]

44. Everything sucks. I'm going back to flagellating myself.