Obama's Private Sector Illiteracy
Yesterday, in a town-hall style meeting hosted by CBS News, the president revealed how completely out of step he is with the American private sector.
Item one: In the clip below, Obama claims that there is no more economic uncertainty, that job numbers are looking spectacular, and exhorts companies to get on with the hiring, already!
(2:30) The issue here is not uncertainty...it is time for companies to step up. When we were in the middle of a recession, our whole job was to make sure the economy was still growing and we stabilized the financial system and we did that...Companies have benefited from that, and they're making a lot of money. Now's the time for them to start betting on American workers and American products.
Item two: Perhaps he just meant it as a compliment that accidentally went too far, but in the clip below Obama says that there's "nothing more important than" a government job.
(1:13) Let me just first of all say that workers like you, for the federal, state, and local governments, are so important for our vital services. And it frustrates me sometimes when people talk about 'government jobs' as if somehow those are worth less than private sector jobs. I think there is nothing more important than working on behalf of the American people.
This is some serious fodder for so-called pro-business candidates like The Donald or Mitt Romney. But the former is probably off conducting investigations into Obama's Occidental College records, while the latter is doubling down on his stubborn defense of the failed experiment in his own laboratory of democracy. C'est la vie
(h/t Drudge Report)
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Apr '11
Re: Obama's Private Sector Illiteracy
" ...it is time for companies to step up."
Ugh, Ugh, and double ugh. As if hiring were something removed from actual economic need and based primarily on obligation. Hiring as a social program. Ick.
Sep '10
Re: Obama's Private Sector Illiteracy
And Obama blessed them, and said unto them "be fruitful, and multiply jobs"...
Aug '10
Re: Obama's Private Sector Illiteracy
Lady Bertrum: " ...it is time for companies to step up."
Ugh, Ugh, and double ugh. As if hiring were something removed from actual economic need and based primarily on obligation. Hiring as a social program. Ick. · May 12 at 2:58pm
Agree completely. Furthermore, to the extent that there is even the hint of power behind this suggestion it completely undermines the bit about "the issue here is not uncertainty."
Basically he's saying, "Firms aren't afraid of destructive policy changes. Now get hiring before I get really mad."
Mar '11
Re: Obama's Private Sector Illiteracy
Diane Ellis, Ed.:
This is some serious fodder for so-called pro-business candidates like The Donald or Mitt Romney. But the former is probably off conducting investigations into Obama's Occidental College records, while the latter is doubling down on his stubborn defense of the failed experiment in his own laboratory of democracy. C'est la vie
Once again, Ricochet is ignoring Herman Cain - can you imagine the debates between Mr Obama and Mr Cain on the Private Sector?
It would be the greatest mismatch since Seal Team 6 vs. Mr Bin Laden.
Edited on May 12, 2011 at 3:07pmJun '10
Re: Obama's Private Sector Illiteracy
Since Obama doesn't seem to know anyone who understands how free markets operate, could someone arrange to have the ghosts of Friedrich Hayek and Milton Friedman appear to him like the Ghost of Christmas Future to show him where this will all end (and maybe teach him a little about the real world).
[Let me apologize in advance to all Austrians, Austrian economists, American economists, American Jews, Dickens fans, Christians, those who observe the Winter Holidays, or anyone else I may have offended in the foregoing statement.]
Edited on May 12, 2011 at 3:16pmMay '10
Re: Obama's Private Sector Illiteracy
This is a job for Herman Cain. Precisement, David.
The only thing that worries me is that he was a talk show host until about last month. Imagine the sound-bites they could pull.
Jun '10
Re: Obama's Private Sector Illiteracy
David Williamson
Once again, Ricochet is ignoring Herman Cain - can you imagine the debates between Mr Obama and Mr Cain on the Private Sector?
It would be the greatest mismatch since Seal Team 6 vs. Mr Bin Laden. · May 12 at 3:04pm
Edited on May 12 at 03:07 pm
Herm Cain sounds better and better to me everyday.
Jul '10
Re: Obama's Private Sector Illiteracy
"Now's the time for them to start betting on American workers and American products."
Except for South Carolina, for One.
Re: Obama's Private Sector Illiteracy
Jimmy Carter: "Now's the time for them to start betting on American workers and American products."
Except for South Carolina, for One. · May 12 at 3:21pm
Hey, haven't you heard? The only real American workers are union workers.
Feb '11
Re: Obama's Private Sector Illiteracy
"...Obama says that there's "nothing more important than" a government job"
Obama listens to John "Get a Government Job!" Derbyshire?
An unrelated item: I find it amusing that 2+ years into the Obama reign, the Ricochet spell checker still flags 'Obama' as a misspelling. There must be some profound symbolism there.
Aug '10
Re: Obama's Private Sector Illiteracy
I think I just threw up a little in my mouth.
Apr '11
Re: Obama's Private Sector Illiteracy
Here's a story regarding the POTUS lying about the unemployment rate being due to losses in public sector jobs. Why let facts get in the way of your narrative when you're riding the wave of your new (ahem!) 60 percent approval rating? Calling him the worst president since Carter is becoming more and more insulting to the former president by the minute.
Edited on May 12, 2011 at 3:37pmDec '10
Re: Obama's Private Sector Illiteracy
Funny - his hair doesn't look nearly as dark as it did the night of the State Dinner for the President of China. (But it does look about as gray as it was the morning before that State Dinner.)
Remember when people on the Left went crazy insisting that Reagan dyed his hair?
Dec '10
Re: Obama's Private Sector Illiteracy
Obama is correct in one regard. When he was elected, there was substantial economic uncertainty around his policies and whether he would veer hard to the Left. Now that uncertainty has evaporated. Businesses can take hiring decisions knowing that the US has the highest corporate tax rate in the world and that our President wants to be certain it stays that way.
Jun '10
Re: Obama's Private Sector Illiteracy
The president has painted himself into a corner. The biggest impediment to job creation is the uncertainty that comes with the implementation of Obamacare. A good business plan relys on the ability to estimate costs as far into the future as possible. Obama doesn't get it because like many Americans he's economically illiterate. He thinks he can massage the numbers with words, but numbers are hard nuts without personality or emotion. The man is clueless.
Dec '10
Re: Obama's Private Sector Illiteracy
Hermain Cain sounds like a good man, a great man. A man to be admired. But the charisma factor is just not there. He is not electable and should not be the Republican candidate.
Apr '11
Re: Obama's Private Sector Illiteracy
LOL, Just a little?
Jun '10
Re: Obama's Private Sector Illiteracy
I just don't understand it...he said he read Hayek and Friedman. Maybe it's a reading comprehension issue.
Mar '11
Re: Obama's Private Sector Illiteracy
I'd have to disagree with you, there - the more I see of him the more impressed I am, and that seems to happen to a lotta people.
BTW, I hadn't realized until reading the NRO piece that he was instrumental in stopping Hillarycare, on the basis of it destroying jobs at his private sector company. So he would be the ideal person to stop Obamacare. He's also a mathematician, so should be able to shine a spotlight on the mathematically-challenged Mr Obama, in his painted-in corner.
May '10
Re: Obama's Private Sector Illiteracy
It seems passing strange to me that, surveying the field, anyone could say Herman Cain lacks charisma. That's one of his comaprative advantages. The disadvantage is that he hasn't led a life in elective office, and thus may have not guarded his speech as carefully as a politician would. Not saying there's a smoking gun soundbite out there that I can remember (I'm in his broadcast area), but it seems likely.