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Does it amazes anyone else how Obama is able to sound like an economist at times?

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LeftyAndProud60 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-03-10 05:46 PM
Original message
Does it amazes anyone else how Obama is able to sound like an economist at times?
He actually seems to explain things better than some economist. That impresses the hell out of me. Bush had an MBA and I can never remember him making sense when talking about the economy.
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Kurt_and_Hunter Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-03-10 05:48 PM
Response to Original message
1. Yet without having the first clue about the topic. Amazing indeed.
The president's periodic deficit-concern gibberish strongly suggests a non-clue state.
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LeftyAndProud60 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-03-10 05:51 PM
Response to Reply #1
2. That's a politician.nt
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ClarkUSA Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-03-10 05:54 PM
Response to Reply #2
3. Your OP is faint praise, indeed. You two should take your act to Vegas. n/t
Edited on Sat Apr-03-10 05:57 PM by ClarkUSA
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Jackeens Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-05-10 09:41 PM
Response to Reply #1
33. You post often on economic matters, Kurt_and_Hunter....
....although it is usually to quote other opinions, rather than offering any of your own. In that respect, perhaps, you are indistinguishable from the DUers you so deride.

I, too, admire Krugman, the man you quote so liberally - fool that I am, I almost trust him. His diagnosis of my own country's (Ireland) problems was, initially it seemed, spot on, although, as it proved, his ignorance of our banking system's corruption deemed his diagnosis to be, in the end, somewhat quaint. But I don't hold that against him, although I would appreciate him at least familiarizing himself with topics before he expounds on them.

I have no doubt that you possess, as you keep telling us, an expertise on economic matters, so much so I am looking forward to you one day posting your own thoughts on the world economy, rather than just quoting those of someone else.

Perhaps you have that much in common with your less-than-beloved President who, you say, spews "deficit-concern gibberish (which) strongly suggests a non-clue state".

Forgive me, Kurt_and_Hunter, and please excuse my love of all things Bo, but the President strikes me as a man who is infinitely smarter than you fear he might be. I know, I know, there's a dark-side to every inch he travels, as you habitually remind us, but please don't take offence: I suspect his left ear lobe is smarter than the entire Krugman-quoting capacity of your total cerebral matter.
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Lost4words Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-03-10 05:55 PM
Response to Original message
4. Bush was a legacy student they handed him his MBA he never earned one
Dimson cant form a simple complete sentence. He proved for all That anybody really can be president even a simpleton.

Now you know why he never made since, he has none. Not much of a human being either phony wars and all.

Im looking at actions and results, pretty words are cheap.

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jody Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-03-10 08:08 PM
Response to Original message
5. To people who no nothing about economics a charismatic person can deliver a prepared speech and
Edited on Sat Apr-03-10 08:09 PM by jody
impress the ignorant.

Religious leaders have been doing that since prehistory to their flock of devoted believers.
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ClarkUSA Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-03-10 08:59 PM
Response to Reply #5
7. Bill Clinton was famous for doing that. That's how he won the South in every election. n/t
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jody Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-03-10 09:06 PM
Response to Reply #7
8. Big Dog could charm the jewels off the Queen of Sheba. n/t
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ClarkUSA Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-03-10 09:43 PM
Response to Reply #8
10. No doubt. But only Barack Obama could pass HCR and it'll take him to sell it until November. n/t
Edited on Sat Apr-03-10 09:44 PM by ClarkUSA
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jody Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-03-10 09:53 PM
Response to Reply #10
12. Agree and if we Dems lose the House shall we hold him accountable? n/t
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ClarkUSA Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-03-10 10:08 PM
Response to Reply #12
13. I doubt we will lose the House or lose our majority voting bloc in the Senate.
Edited on Sat Apr-03-10 10:36 PM by ClarkUSA
President Obama is carrying water for the entire Democratic party at this point on the matter of selling HCR to the "ignorant" American public. Congressional Dems will have to aggressively step up in their own districts and speak directly to their constituents and local newspapers/TV affiliates regarding the benefits of HCR from now until November.
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Bobbie Jo Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-04-10 05:11 PM
Response to Reply #5
26. "No nothing?"
:rofl:


Can the RW "where's the teleprompter?" snark be far behind?
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jody Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-05-10 11:49 AM
Response to Reply #26
30. I share in your laughter but the edit period had expired before I caught my error. n/t
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Bobbie Jo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-05-10 12:32 PM
Response to Reply #30
31. I hate when that happens.
It's happened to me on more than one occasion. :)
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ChicagoSuz219 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-03-10 08:23 PM
Response to Original message
6. Not me... there's a reason that...
...all the Wall Street firms wanted to hire him out of Harvard Law School.

Lucky for us, he became a Community Organizer instead... :-)
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zalinda Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-03-10 09:21 PM
Response to Reply #6
9. yeah, too bad the corporations are the only
ones who gets his attention. The rest of us rif-raf will be off of his radar.

zalinda
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ChicagoSuz219 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-04-10 05:44 AM
Response to Reply #9
16. Agree to disagree. n/t
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Elwood P Dowd Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-03-10 09:47 PM
Response to Reply #6
11. And he is still taking care of Wall Street at the expense of Main Street.
:mad:
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ChicagoSuz219 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-04-10 05:45 AM
Response to Reply #11
17. Got any other RW talking points you'd like to share? n/t
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Elwood P Dowd Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-04-10 12:34 PM
Response to Reply #17
21. Look no further than his Chief Economic Advisor and Treasury Secretary -- both Wall Streeters.
Look at his USTR going around the country pushing for more free trade deals. Look at the hundreds of billions of dollars he has given to the Wall Streeters. I don't have to come up with RW talking points because Obama is handing them out on a silver platter. Of course I prefer Obama over any repuke, but he is not FDR or JFK. Finally, saying Obama is taking care of Wall Street and not Main Street IS NOT a RW talking point -- it is a progressive talking point.
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ClarkUSA Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-04-10 04:47 PM
Response to Reply #21
25. Those "Wall Streeters" have saved the U.S. economy from falling into another Great Depression.
Edited on Sun Apr-04-10 04:48 PM by ClarkUSA
They also added caveats to Bush's TARP that have added to the Treasury. For example, banks have to repay their loans with 5% interest. The government's shares in Citibank alone would net $8 billion right now.

Not sure what "RW talking points" that "Obama is handing... out on a silver platter" -- care to enlighten us with some quotes?

:shrug:
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ChicagoSuz219 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-04-10 07:42 PM
Response to Reply #21
27. SNL did a bit on the Wall Street v. Main Street story...
...& ended it, with "Once again, Martin Luther King Drive... you're on your own."

That's an even more progressive take on the situation, I think...
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Odin2005 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-03-10 10:11 PM
Response to Original message
14. He sounds like a typical Corporatist "economist".
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ClarkUSA Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-04-10 09:38 AM
Response to Reply #14
18. Give us an example of 'a typical Corporatist "economist"' that "sounds like" Pres. Obama. n/t
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Odin2005 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-04-10 04:08 PM
Response to Reply #18
22. He supports "Free Trade".
Edited on Sun Apr-04-10 04:08 PM by Odin2005
And bailing out Banksters.
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ClarkUSA Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-04-10 04:29 PM
Response to Reply #22
24. TARP was Bush's idea. In Feb. 2009, Pres. Obama added caveats that have enriched the Treasury.
Edited on Sun Apr-04-10 04:37 PM by ClarkUSA
In fact, the government's share of Citibank alone would net ~ $8 billion if they sold it now. Banks have been repaying with 5% interest. As a high-bracket tax payer, I approve. I guess you would have preferred Pres. Obama to let the economy drop into the proverbial toilet in February 2009?

Also, the administration has delayed signing onto several free trade agreements due to current union and Congressional Dem opposition.

Is that all you've got?

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Hekate Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-04-10 01:40 AM
Response to Original message
15. He's one of the most formidably intelligent people we have in public life in the US...
... and it is not just by comparison with Bush the Lesser. Mr Hekate has an MBA himself, and he follows Obama quite well. I have my own degrees and while econ is not my subject, I know intelligence when I see it. We also know good teachers when we see them, and Obama's ability to explain complex subjects so the average person can understand them is damn good. That doesn't mean the average person has an open mind, but I have never heard Obama talk down to an audience.

There's an incredible amount of knee-jerk snark in this thread. :eyes:

Hekate


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zalinda Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-04-10 09:56 AM
Response to Reply #15
19. If you don't see it then you must
not be one of the rif-raf who are struggling to stay afloat. The rest of us down here can see a load of shit coming every time he passes something.

zalinda
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ClarkUSA Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-04-10 10:06 PM
Response to Reply #19
28. So you speak for all "the rif-raf who are struggling to stay afloat"? Color me impressed!
Edited on Sun Apr-04-10 10:08 PM by ClarkUSA
:sarcasm:

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Hawkowl Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-05-10 04:16 AM
Response to Reply #15
29. God help us
Intelligence is just a tool. It's how and for what purposes you use it that counts. I'm not impressed with Obama on any level.
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ClarkUSA Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-05-10 12:34 PM
Response to Reply #29
32. He has already. Obama/Biden won the election, not Gramps/Pitbull and HCR passed. n/t
Edited on Mon Apr-05-10 12:35 PM by ClarkUSA
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grahamhgreen Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-04-10 12:10 PM
Response to Original message
20. "Too Fat to Fail" is not economic theory - it's an excuse for theft.
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uponit7771 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-04-10 04:25 PM
Response to Original message
23. FYI: The amount of Obama dislike on DU doesnt make much room for these types of perspective
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