WASHINGTON -- The Obama administration's latest lame excuse for its failed stimulus-spending plan is that it underestimated the severity of the recession.
"We misread how bad the economy was," Vice President Joseph Biden said Sunday on ABC's "This Week."
The White House has been coming up with a lot of half-baked reasons why the president's massive $800 billion plan has not made a dent in the mushrooming unemployment rate, but this one was a beaut.

Misread? Throughout his presidential campaign and the early months of his presidency, Obama repeatedly compared the recession to the Great...











White House Sends Mixed Messages
The people are starting to figure it out. Obama's just providing payoff to his supporters as any seasoned chicago hack does- he's the Black Blago- just not as crude or obvious.