Considering the President’s misguided experiment with Social Engineering through the support of forced unionism, his total lack of experience with finances (since much of his education and training were paid for by others), and absence of any executive experience in the private sector, is it really surprising he has no clue how to run a business or fix the economy? He likes to site Keynes’ theory, but only as it relates to his desire to expand the welfare state and to the extent his limited financial background allows him to understand its true dynamics. Margaret Thatcher’s quote is a mystery to him: “The problem with spending other people’s money is that you eventually run out of it!”
Shawn Tulley and the attached video do a good job of exposing the President’s lack of experience and fundamental business knowledge. This is another good reason we should have required basic business classes in elementary schools, high schools and colleges. Too many people do not understand simple business fundamentals or the advantages the Free Market system provides for all people.
Oops, I forgot. He doesn’t want us to understand! It’s about Power and Money! Wake Up America!