Biden says 'everyone guessed wrong' on jobs number

[Old Coot]

Source: Associated Press

WASHINGTON (AP) — Vice President Joe Biden said Sunday that "everyone guessed wrong" on the impact of the economic stimulus, but he defended the administration's spending designed to combat rising joblessness.

Biden said inaccuracies in unemployment predictions shouldn't undercut the White House's support of the $787 billion economic revival plan that has not met the expectations of President Obama's team. Instead, the vice president urged skeptics to look at teachers who kept their classroom assignments and police officers who kept their beats because of financial assistance from Washington.

"The bottom line is that jobs are being created that would not have been there before," Biden said.

But they are not coming at the pace first estimated.

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