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Author Topic: Obama bemoans: Everyone's an economist  (Read 1846 times)

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Offline bijou

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Obama bemoans: Everyone's an economist
« on: February 06, 2009, 12:56:30 PM »
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WASHINGTON (AP) -...

As the country struggles with the worst financial crisis since the Great Depression, Obama said there has been no shortage of advice on how to solve the nation's woes.

"You've got some economists and some folks who think they're economists. By the way, these days everybody thinks they're economists," he joked.
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Oh noes, not everyone is giving Uncle Zero the respect he is due.  :-)
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Offline DumbAss Tanker

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Re: Obama bemoans: Everyone's an economist
« Reply #1 on: February 06, 2009, 12:59:30 PM »
Well, almost all of them know at least as much about it as he does.
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Offline Wineslob

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Re: Obama bemoans: Everyone's an economist
« Reply #2 on: February 06, 2009, 03:05:45 PM »
Quote from: DumbAss Tanker on February 06, 2009, 12:59:30 PM
Well, almost all of them know more about it as he does.







Fixed
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Offline rich_t

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Re: Obama bemoans: Everyone's an economist
« Reply #3 on: February 06, 2009, 07:16:20 PM »
What Obama knows about the economy wouldn't fill a thimble.
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Offline JohnnyReb

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Re: Obama bemoans: Everyone's an economist
« Reply #4 on: February 07, 2009, 11:32:09 AM »
You spend more every year than you make for 50 years and it gets you in trouble. Doesn't take an economist to figure that one out.
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“The American people will never knowingly adopt socialism. But, under the name of ‘liberalism’, they will adopt every fragment of the socialist program, until one day America will be a socialist nation, without knowing how it happened.” - Norman Thomas, U.S. Socialist Party presidential candidate 1940, 1944 and 1948

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Offline Chris_

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Re: Obama bemoans: Everyone's an economist
« Reply #5 on: February 07, 2009, 11:39:26 AM »
Quote from: rich_t on February 06, 2009, 07:16:20 PM
What Obama knows about the economy wouldn't fill a thimble.

Any politician who cannot, off the cuff, describe the difference between "supply and demand" and "quantity supplied and quantity demanded" should not be allowed to vote on any bill dealing with money.

In fact any person who cannot describe the same doesn't know enough about economics to discuss it.
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Offline Gratiot

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Re: Obama bemoans: Everyone's an economist
« Reply #6 on: February 07, 2009, 01:42:45 PM »
Quote from: DumbAss Tanker on February 06, 2009, 12:59:30 PM
Well, almost all of them know at least as much about it as he does.

There's much truth there.   
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