Obama doubles down- again!

[Neotrotsky]

By MICHAEL J. BOSKIN

President Obama should put Adam Smith's "The Wealth of Nations" at the top of his summer reading list. This was clear after listening to his 54-minute list of economic excuses and policy proposals delivered earlier this month on the campus of Cuyahoga Community College in Cleveland.

At times Mr. Obama suggested that the profit motive is somehow ignoble, an opinion shared by many on the far left. But every student learns in introductory economics class that the pursuit of profits is essential to a successful economy, allocating resources to the use consumers value most.

This is not exactly a new insight. Writing in 1776, Adam Smith noted, "It is not from the benevolence of the butcher, the brewer, or the baker that we can expect our dinner, but from their regard to their own interest."

The president spent nearly an hour demonizing his Republican opponent Mitt Romney's economic policies and doubling down on his own failed agenda. He called for higher taxes on our most productive citizens and successful small businesses, more government spending and debt, and Washington micromanagement of wide swaths of the economy.

Instead of doubling down, Mr. Obama could have seen his party's 2010 midterm defeat as a message from voters to move to the center, announcing that his vast expansion of government was temporary and necessitated by the financial crisis and deep recession.

That's similar to what President Clinton did after his 1994 midterm rebuke that swept Republicans to control of Congress and led to bipartisan agreement to balance the budget and reform welfare. Mr. Clinton won re-election handily.

Michael Boskin: Obama and 'The Wealth of Nations' - WSJ.com

Papa Obama will think whatever his teleprompter tells him to think

 

[TheGreatGatsby]

Re OP: Obama is definitely counting on the ignorance, stupidity and apathy of a broken nation. He tickles the ears of idiots and hopes they reciprocate with their votes. Let's hope America has wised up. It's not even a difficult decision to vote Obama out.

 

[ConservaDerrps]

Right wing propaganda? Come on! ObamaCare is a lousy piece of legislation that doesn't do what it was supposed to do...lower health care costs...while it adds another massive unfunded entitlement program to those we are already struggling to pay for. The more people see what the costs of this White Elephant is REALLY going to be the more they are going to hate it. When they see what it does to the quality of their health care then they are going to go ballistic.

Care to explain how it's "unfunded?"

Care to explain how it is?

No. Because that's not allowed in adult debate. You see, you can't answer a question with another question. It's a dodge. A logical fallacy, if you want to use a fucktardtastic buzzword for it.

So you either answer my question first, or yield the point, mufacka. You're choiceeeeeeeeeeeeeeeee.

 

[ConservaDerrps]

By MICHAEL J. BOSKIN

President Obama should put Adam Smith's "The Wealth of Nations" at the top of his summer reading list. This was clear after listening to his 54-minute list of economic excuses and policy proposals delivered earlier this month on the campus of Cuyahoga Community College in Cleveland.

At times Mr. Obama suggested that the profit motive is somehow ignoble, an opinion shared by many on the far left. But every student learns in introductory economics class that the pursuit of profits is essential to a successful economy, allocating resources to the use consumers value most.

This is not exactly a new insight. Writing in 1776, Adam Smith noted, "It is not from the benevolence of the butcher, the brewer, or the baker that we can expect our dinner, but from their regard to their own interest."

The president spent nearly an hour demonizing his Republican opponent Mitt Romney's economic policies and doubling down on his own failed agenda. He called for higher taxes on our most productive citizens and successful small businesses, more government spending and debt, and Washington micromanagement of wide swaths of the economy.

Instead of doubling down, Mr. Obama could have seen his party's 2010 midterm defeat as a message from voters to move to the center, announcing that his vast expansion of government was temporary and necessitated by the financial crisis and deep recession.

That's similar to what President Clinton did after his 1994 midterm rebuke that swept Republicans to control of Congress and led to bipartisan agreement to balance the budget and reform welfare. Mr. Clinton won re-election handily.

Michael Boskin: Obama and 'The Wealth of Nations' - WSJ.com

Papa Obama will think whatever his teleprompter tells him to think

Guess he should use the PalinPrompter, yeah?

 

[Neotrotsky]