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Despite White House Spin, Obama Believes Government Should Run Our Economy
Fox News ^ | October 07, 2010 | John R. Lott Jr.

Posted on 10/07/2010 2:38:47 PM PDT by JohnRLott

The White House is in full spin mode trying to convince Americans that President Obama doesn't hate business. The president claims: "it's very hard to find evidence of anything that we've done that is designed to squash business as opposed to promote business." His administration's economists were out in force at the end of last week trying to argue that Obama was actually pro-business. The impression here matters because Americans see how incredibly slow this "recovery" and they intrinsically understand how eliminating incentives will stop growth.

President Obama may hope Americans will forget that he called Wall Street executives "fat cats," bondholders "speculators," and accused doctors who zealously test patients of being "driven from a business mentality." But he has made these attacks too often. Voters can too easily recall him regularly blaming private companies rather than the government for the financial crisis. Indeed, the only blame he gives to the federal government is that there wasn't enough regulation.

Businesses remember the outrageous and factually inaccurate attacks on companies. For instance, Obama pretended that firms and industries are more monopolistic than they are to justify government intervention. And who can forget him lashing out against doctors numerous times accusing them of preferring to amputate a foot rather than "treated [diabetes] as effectively as it could" because they can earn more money (here and here).

The problem comes down to how Obama thinks the market operates. . . .

(Excerpt) Read more at foxnews.com ...


TOPICS: Business/Economy; Front Page News; Government; Politics/Elections
KEYWORDS: austangoolsbee; communism; communist; economy; johnlott; obama; regulation; tarp; unemployment

1 posted on 10/07/2010 2:38:49 PM PDT by JohnRLott
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To: JohnRLott

Pathological lying in the extreme, enough to make Orwell blush, is the signature of this administration and OBAMA!


2 posted on 10/07/2010 2:41:16 PM PDT by MrDem (Founder: Democrats for Cheney/Palin 2012)
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To: JohnRLott

More evidence that these “elites” think we are stupid.


3 posted on 10/07/2010 2:41:48 PM PDT by cld51860
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To: JohnRLott
Photobucket
4 posted on 10/07/2010 2:42:08 PM PDT by xuberalles ("The Right Stuff" Conservative Novelties http://www.zazzle.com/xuberalles)
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To: JohnRLott
Obama Believes Government Should Ruin Our Economy

Fixed it !

.

5 posted on 10/07/2010 2:48:51 PM PDT by repentant_pundit ("Summer of Recovery" is followed by "The Fall of Prosperity")
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To: JohnRLott
"it's very hard to find evidence of anything that we've done that is NOT designed to squash business as opposed to promote business."

There, fixed it.

6 posted on 10/07/2010 2:59:42 PM PDT by PATRIOT1876 (Language, Borders, Culture, Full employment for those here legally)
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To: JohnRLott

You left the I out of ruin in the topic title!


7 posted on 10/07/2010 3:11:07 PM PDT by Retired Chemist
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To: JohnRLott

He doesn’t hate business..he wants you to run it and the government will control it and the money from it. The nice thing...they will pretend like you still own it. Isn’t the new socialism just so great? It all sounds so pretty./s


8 posted on 10/07/2010 3:17:51 PM PDT by Earthdweller (Harvard won the election again...so what's the problem.......? Embrace a ruler today.)
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To: JohnRLott

Central control of the economy is communism.


9 posted on 10/07/2010 3:22:01 PM PDT by Red Steel
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To: Red Steel

he lied his way in and now think we are fooled by him no way jose


10 posted on 10/07/2010 3:23:46 PM PDT by truthbetold11 (truthbetold11)
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To: JohnRLott

It does run the American economy, right into the ground.


11 posted on 10/07/2010 4:48:45 PM PDT by Force of Truth (Yes political conservatives are libertarians. They want to have their rights and eat them too.)
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To: JohnRLott

Looks to me like O’Slammy doesn’t think we should have an economy at all.


12 posted on 10/07/2010 6:21:41 PM PDT by MichaelCorleone
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To: AdmSmith; Arthur Wildfire! March; Berosus; bigheadfred; blueyon; Convert from ECUSA; dervish; ...
Thanks JohnRLott.
The White House is in full spin mode trying to convince Americans that President Obama doesn't hate business.
Oh, and he also doesn't hate America, hate (fully) white people, hate Israel, hate Christians, hate Jews...

13 posted on 10/07/2010 7:49:48 PM PDT by SunkenCiv (The 2nd Amendment follows right behind the 1st because some people are hard of hearing.)
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