Obama is flunking economics

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Col Hogan
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Obama is flunking economics

Post by Col Hogan »

If someone else said this as clearly as this, I missed it... but this must be said...
Many Americans are so emotionally invested in the Obama presidency that they consider it too historic to fail.

They won't tolerate any criticism of the president or his administration, finding it easier to simply attack critics. And whatever goes wrong that they can't defend or deflect, they just blame on George W. Bush.
http://www.cnn.com/2009/POLITICS/03/27/ ... index.html

Clear, concise, cogent...

And his closing line is just as good...at least, good enough that I totally agree...
It's become more common for people to say that they want President Obama to fail. I don't want him to fail. I want him to succeed. I just don't see how we get there from here.
Last edited by Col Hogan on Fri Mar 27, 2009 9:46 am, edited 1 time in total.
“Tolerance and Apathy are the last virtues of a dying society.” Aristotle

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Ivytalk
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Re: Obama is flunking economics

Post by Ivytalk »

Good article. I've read a lot of Ruben Navarrette's stuff. He's Hispanic, went to Harvard, and has a pretty centrist political stance. He is outspoken on immigration issues, as might be expected, but he can't be dismissed as "just another Conk." He has Obama nailed down pretty well.
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hank scorpio
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Re: Obama is flunking economics

Post by hank scorpio »

Oddly titled peice. Shouldn't it be about flunking Marketing or Public Relations. I don't see anything in there to support a failed economic policy, rather it is attack on the message or messengers.

$.02

Oh yeah, its been what, 60 days?
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travelinman67
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Re: Obama is flunking economics

Post by travelinman67 »

Wow...extremely well worded.

After watching all the talking head shows late Friday night, reviewing the Congressional progress, committee testimony, Admin press releases, I was thinking THE EXACT SAME as Navarette re: Obama.

First, both he and Congress are acting too quickly to do bottom-up reform on laws and structures that have taken hundreds of years to fine tune.

Were they "broken"...yes...but not the degree we need to be rewriting contitutional authority. There were a few things in the financial market that needed to be regulated, and the GDP needed serious repair. Throwing out the existing models in their entirety, and starting from scratch, including suggesting a global currency, government authority to nationalize ANY business they deem untenable, and attacking the country's labor law structure at the behest of unions is not merely reckless, it's unacceptable as the outcome could permanently destroy our country.

The wisest thing Obama could do would be to impanel a group of BUSINESSMEN to first reform our laws as they pertain to GDP. Alllow those laws to work for 2 years, then begin fine tuning them to reflect labor and environmental concerns.

Until the GDP is fixed...our country will be on a downhill slide. And the GDP won't be fixed so long as Obama keeps acting on the advice of liberal extremists who can't see beyond the agenda they're advancing.
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