May 22, 2012

The Economic Illiteracy of Barack Obama

By Rob Janicki
If you missed it, here's Obama's nonsensical and economically illiterate commentary on private equity, which he obviously doesn't understand.  Obama is desperate in trying to change the narrative of the campaign from his own demonstrated incompetency in all areas, to Romney's role as a venture capitalist with Bain Capital.  Pretty pathetic attempt Mr. Obama, especially considering we have been told ad nauseam that you are smartest president in American history.

Mr. Obama, a campaign with an incumbent, such as yourself, seeking a second term, is ALWAYS a referendum on the incumbent, you, and in your case, your pitiful performance as a leader, policy maker and Chief Executive Officer of the most powerful country in the world.  But then again, why would we believe or expect you would be anything other than an absolute failure as President, since you had no prior executive experience running so much as a lemonade stand?


Here's the latest Romney response to Obama's incoherent rant against venture capitalism, also called private equity, from prominent Democrats.  Even Obama's key supporters realize how far off base he is on this issue.  Good luck with that campaign tactic Barack.

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