Biden Declares "We Have Turned This Economy Around"
Q Mr. Vice President, on February 25th of 2009, right after the Recovery Act was passed, you said, this literally dropkicks us out of the recession. By that definition, by those words you said right after it passed, has this worked? Have we been drop-kicked out of a recession?
THE VICE PRESIDENT: Yes, we have. Now, look, I'm not going to get into the technical argument of economists of when the recession officially ends or will end. But I can tell you that what I meant then -- and I'll say it now -- we have turned this economy around. Instead of falling off the abyss, it is on firm ground. It is heading in the right direction. And every aspect of the economy is growing. Is it growing as fast as we want it to grow? No. Has it -- is it able to wipe out 8 million jobs lost as a consequence of the recession which we inherited? No. But it has turned the country around. We're moving in the right direction. And this is the basis upon which this full recovery over time is going to occur.
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