rhetorical question
I think we could fill the navel of a flea with what he understands, and STILL have room for a Hummer!!
No. He’s an economic moron.
*that should be efficient enough, I’m thinking*
He knows the golden rule.
Those with the gold make the rule.
Obviously not, but he's far too arrogant to realize how ignorant he is. He's had so many people kissing his backside and telling him he's the chosen one and can do no wrong for so long he's come to believe it. (Although I suspect he believed it long ago.)
I love it when the substanative questions of which the media needed to ask and report, become actionable and newsworthy two years after the election.
If the total amount of his understanding and knowledge of economics where shoved up the rear end of an ant it would roll around like a B-B in a box car.
Otherwise, he doesn't know JACK SH*T.
Good read this morning John, and I like your explanation about changing who is spending the money as opposed to really stimulating the economy.
On the same note, what do you think about Bernacke’s statement yesterday that the Federal Reserve isn’t printing money? The cash has to come from someplace, so if the Fed isn’t printing it, just where is it coming from??
Kippis!
I’m watching RAT liars on TV and they keep repeating that either they or wealthy people that they know didn’t want a tax break and that they could afford to pay more taxes.
EVERY SINGLE TIME THEY REPEAT THAT BALONEY, THE RESPONSE SHOULD BE: “OK, JUST CUT A CHECK TO THE US TREASURY FOR WHAT YOU THINK YOU SHOULD BE PAYING! DON’T TAKE THE LOWER RATE! PAY MORE! NO ONE IF FORCING YOU TO KEEP THE MONEY!”
Obama understands economics just fine. The error is in assuming that economic prosperity is his goal.
0 is just the face of the machine.
“The problem with liberals is not that they are ignorant, it is that so much of what they know isn't so.”
If by “understand the economy” you mean, “studied socialist dogma” - well then yes 0bama is well versed.
It’s been made abundantly clear over the past two years that Obama doesn’t understand anything, and in future will be very lucky to hold down the job of men’s room attendant at a mid-level hotel washroom.
Obama...doesnt care about the rules that make America.
Everybody-right and left, keeps being presumptious about what he will do, should do or could do.
His very strength politically, is his disregard of the traditions of American politics. His opponents call him dumb and Obozo because of his apparent lack of knowledge and understanding of American political tradition.
Truth be told..because he is so ignorant and disregarding of American political tradition, he is very, very dangerous. He demonstrates a studied disregard of convention and tradition that the Rinicratic Oligarchy cant see or wont admit to. Consequently he is beyond their control.
In this he demonstrates his true roots as a Marxist/Leninist..which the leading American Political Elite are incapable of identifying, let alone deal with intelligently and constructively.
He has ammassed, so far, more power to DC than the combination of Lincoln, Wilson, FDR and Johnson-at considerable expense to Flyover Country.
Democrats like to use Keynes as their reasoning behind their actions but they are lying. It’s actually Marx who is their idol and their allegiance is to their party and their power, not the Republic. We live in a sad country when there are enough fools to elect these parasites into office.
Does anybody ever propose solutions other than “either/or”? For instance why not structure unemployment insurance so that it is steady for a certain amount of time. Then, when that time has elapsed it starts to go down by X amount every two or three months so that the person realizes it is running down like “sands through the hourglass.” That way they can both adjust to the gradual decrease of income and get motivated to get something going. It would then be possible for them to know for SURE the zero date looming before them.