And so the walk-back begins.

If you listen closely enough, you can almost hear it all slip away...

"No one realized how bad the economy was. The projections, in fact, turned out to be worse. But we took the mainstream model as to what we thought -- and everyone else thought -- the unemployment rate would be."
"Everyone guessed wrong at the time the estimate was made about what the state of the economy was at the moment this was passed."

That from Joe Biden, foreign policy expert and stimulus fall guy on Meet the Press on Sunday.