Biden forecasts growth of up to 500,000 new jobs a month
Biden forecasts hefty job growth
By Garance Franke-Ruta and Frank Ahrens
Saturday, April 24, 2010
Vice President Biden predicted Friday that the U.S. economy would be adding up to 500,000 jobs each month "some time in the next couple of months."
Biden said he "got in trouble" for his prediction last month of job growth. "Even some in the White House said, ‘Hey, don’t get ahead of yourself,’ " he said at a Pennsylvania fundraiser, according to a pool report. "Well, 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.
"We caught a lot of bad breaks on the way down," Biden added. "We’re going to catch a few good breaks because of good planning on the way up." …
Biden was in Pittsburgh for a brunch fundraiser on behalf of U.S. House candidate Mark Critz, who was an aide to Rep. John P. Murtha and is seeking to win the late lawmaker’s seat in a May special election.
So just two months from now we will see 500k new jobs created each month, but forget this last month we still saw tens of thousands of jobs lost.