Administration delays economic report until August recess

The Obama Administration is delaying the first half economic report due in July, burying the bad news until after the healthcare bill has been voted upon, and after congress has recessed for its August vacation.

In typical administration and WaPo fashion, the excuse, as well as the blame is laid at [url=http://www.washingtonpost.com/wp-dyn/content/article/2009/07/20/AR2009072002277.html]the feet of President Bush.[/url]

[quote]

“Because of the unique circumstances of a transition year, we — like President George W. Bush in 2001 — are releasing the mid-session review a few weeks later than as is usual in non-transition years,” Kenneth S. Baer, communications director for the Office of Management and Budget, said Monday.

–snip-

And while many economists say the deep recession gripping the nation is slowly easing, the administration’s update is nonetheless expected to be filled with dire economic news.

–snip–

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Caught off-guard by the severity of the economic situation it inherited, the administration has badly underestimated how much unemployment would rise even with its $787 billion economic stimulus plan in place. [/quote]

Don’t bother reading the article, it is full of administration spin as written by the Washington Post. But DO read the hundreds of reader comments following the article.

The American people are waking up…