'Everyone guessed wrong'

Vice President Joe Biden says "everyone guessed wrong" about the effects the massive spending bill passed earlier this year would have.

It turns out, much to the perplexity of Congressional Democrats and the Obama Administration, dumping a half-billion (borrowed) dollars into unnecessary construction projects isn't a good way to ease a recession caused by excessive debt.

While the pro-"stimulus" crowd was demanding the corpulent bill's immediate passage, they warned: If we don't spend all this money, unemployment could top 8 percent!

Well, the bill was passed. The money is being dumped into ... wherever it's being dumped into. And unemployment is pushing 9.5 percent.

The thing is, not "everyone guessed wrong." In fact, there were several people at the time who weren't guessing at all: They were using common sense, and they said the "stimulus" wouldn't work.