Obama: U.S. needs 'bottom-up economics'

UPI ^ | June 22, 2012

[Uncle Miltie]

At the risk of offending the Admin Mod, did someone say, "Bottom up?"

[svcw]

To the headline: BHO.....oh never mind what I want to say will get me zotted for at least a week.

[jonrick46]

“Bottom-up economics is another way to describe Marxist wealth redistribution. This also describes what such economics does to America’s prosperity: America takes it in the A$$.

[jongaltsr]

Bottom up eh?
What he really means is for us to kiss his bottom (ass) then we can get up.

[Hotlanta Mike]

[Repeat Offender]

Sure, where do I find a homeless person so I can apply for a job?

Of course, we already put an illegal immigrant bum in the White Hut, so I can see where this economic theory comes from.

[ScottinVA]

Li`l Barry`s handlers ought to counsel against references to “bottoms” ... because..y`know, that gay thing.

But then.. when he hosts the Miami Heat at the WH.. will TOTUS reference “tasting the juices of victory,” “bending but not breaking,” or “coming from behind?”

[Moonman62]

"They figure that if we simply eliminate regulations and cut taxes by trillions of dollars, then the market will solve all of our problems," Obama said.

I think putting the federal government on a diet is bottom up economics. The weight is crushing everything underneath it.

[sheik yerbouty]

His name was Reggie Love: they were tripping the light grabasstic..

[norwaypinesavage]

When Barry goes job hunting after November 6, I’m sure he’ll go to all of those “bottom feeders” he created to find one.

[chuckee]

“Bottom up economics is a conservative fundamental cornerstone.”

Can you give us a little more detail on that?”

Bottom up economics has the free market govern the course of individual business decisions.A core principle of free market economics is that small businesses grow and become big businesses when they are responsive to the realities of the free marketplace. Top down economics, the USSR, being an extreme example,centrally plans the economy from the top down and regulates business and markets to suit their national political and collective needs without regard to the global marketplace. Businesses and markets controlled from above are artificial and cannot grow in a globally competitive marketplace. Solyndra with the central government supporting it on a political whim without regard to the reality of the marketplace is the perfect example.That is why Obama’s statement is so laughable. He is a top down leftist.

[chuckee]

Yup, you are right. That is probably what he means. A leftist Alice in Wonderland Keynesian definition of bottom up artificial economics which is the antithesis of the traditional conservative economist’s definition of bottom up reality driven economics.

[chuckee]

Obama is expressing a leftist Alice in Wonderland Keynesian version of bottom up economics which is the antithesis of the traditional conservative economist’s definition of bottom up market driven economics.
True bottom up economics has the free market govern the course of individual business decisions.A core principle of free market economics is that small businesses grow and become big businesses when they are responsive to the realities of the free marketplace. Top down economics, the USSR being an extreme example,centrally plans the economy from the top down and regulates business and markets to suit their national political and collective needs without regard to the global marketplace. Businesses and markets controlled from above are artificial and cannot grow or survive long term in a globally competitive marketplace. Solyndra with the central government supporting it on a political whim without regard to the reality of the marketplace is the perfect example.Obama is a top down leftist