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Biden: Obama Team 'Misread' the Economy

Colin Powell 'concerned' by Obama's spending

By Wesley Oliver,  Newser Staff

Posted Jul 5, 2009 11:00 AM CDT

(Newser) – Joe Biden conceded today that the Obama administration “misread” how bad the economy actually was and that now the unemployment rate is “much too high,” The Hill reports. In an interview taped in Iraq with This Week, the vice president also said...   Read full story »

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