Video of Joe Biden: Stimulus a failure because the GOP didn't let us spend even more money we don't have or something

Good grief. Bide is already out throwing blame around for the stimulus bill being a resounding failure, something I have blogged about extensively, inducing these two posts from the day before yesterday:

• Counterfactual: Obama's claim of creating or saving 3 million jobs can't be proven, but here's proof the stimulus failed - Part 1 
• Counterfactual: Obama's claim of creating or saving 3 million jobs can't be proven, but here's proof the stimulus failed - Part 2

Biden's argument is that they wanted the stimulus to be bigger, but evil Republicans wouldn't have it. Unfortunately, all the evidence points to two facts: 1) Obama got exactly the amount he asked for in the stimulus package, and 2) the economy has been hurt by deficit spending that crowds out private sector spending. It hasn't helped at all. Here's the video via Ed Morrissey:

From Jack Tapper's blog:

“There’s a lot of people at the time argued it was too small,” he said. “A lot of people in our administration…even some Republican economists and some Nobel laureates like Paul Krugman, who continues to argue it was too small.”

“But, you know,” Biden told Tapper, “there was a reality. In order to get what we got passed, we had to find Republican votes. And we found three. And we finally got it passed,” Biden said.

But if it wasn’t for the legislative reality, Biden explained, “I think it would have been bigger. I think it would have been bigger. In fact, what we offered was slightly bigger than that. But the truth of the matter is that the recovery package, everybody’s talking about it [like] it’s over. The truth is now, we’re spending more now this summer than we — I’m calling this…the summer of recovery,” the Vice President said.

Ed dug around and found the original stimulus proposal which contained this little gem:

A. Aggregate Jobs Effects
Estimating the aggregate employment effects of the proposed American Recovery and Reinvestment Plan involves several steps. The first is to specify a prototypical package. We have assumed a package just slightly over the $775 billion currently under discussion. It includes a range of measures, all of which have been discussed publicly.

The package was exactly what Obama wanted, and now Biden is making excuses for why it's not working, without explicitly coming out and saying it's not working. But pointing a finger at the GOP for for what he considers a shortcoming a year and half later pretty much says what we have been pointing out all along - the stimulus is a failure and a waste of money. Nothing is more damning than the actual results versus what Obama promised. We were told that the stimulus would create 3.5 million NEW jobs by this time, but almost 3 million have been lost instead. We were told that the unemployment would peak at 8%, but this is the pathetic result instead (via Michael's Comments):

Note that the blue lines are the numbers that Obama's team came up with. So the actual unemployment rate is not only worse that what would happen with porkulus, but even worse than was predicted without it. Here's Obama in his own words regarding the stimulus bill:

UPDATE:From HotAir:

...here’s a quote from Barack Obama on February 5th, 2009, about the size of the stimulus package:

While efforts have been under way in the Senate to whittle the plan back to $800 billion or less, Mr. Hoyer said he believed it should be higher, at like $880 billion. Earlier on Air Force One, Mr. Obama was asked by pool reporters traveling with him about the size of the proposal …

Asked if the figure shoud be $800 billion and not more, Mr. Obama said: “Well, I gave you a range. I think we’re in range.”

It ended up being $862 billion.

And that's not counting the interest we will be paying on that $862 billion because, again, we didn't have it then and we don't have it now. It is deficit spending. Over the next 10 years, the stimulus will cost us over $1.2 trillion.