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Obama's Lack of Business Sense
American Spectator ^ | Feb. 9, 2010 | Robert P. Kirchhoefer

Posted on 02/09/2010 6:25:20 PM PST by FTJM

Some baffling comments by President Obama in today's press conference.

Asked how how and why small business loans would help small business, President Obama replied:

"If [small businesses] can get the bank loans to boost their payroll... they will do so." He further claimed that in his "travels" he has spoken with small business owners nationwide, and they see optimism and new customers.

I'm curious where these travels took him? A land inhabited with a fairy, children, and a flying boy in a green suit?

(Excerpt) Read more at spectator.org ...


TOPICS: News/Current Events; Politics/Elections
KEYWORDS: bho44; bhoeconomy; incompetent; lackofexperience; obama; smallbusiness
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To: Williams

His generation ???

Christ, the guy is 48 years old !!!

He only acts like he’s a child.


21 posted on 02/09/2010 6:48:57 PM PST by crescen7 (game on)
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To: FTJM
Business sense? now you question his lack of business sense?
He's a community agitator, extortionst, bully and scam artist, I don't see any business degree's do you?
22 posted on 02/09/2010 6:49:38 PM PST by ronnie raygun (Cockblock the sock puppet in 2010)
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To: FTJM

“If SB can get bank loans to boost their payroll, they will do so...”, whattt! WHATTTT!!! who the hell wants to “boost their pay roll” just for the sake of boosting their payroll? What an idiotic thing to say. There’s only one reason any business, large or small, will boost their payroll, and that has to do with new business coming through the door... man’s a fool, just a plain stupid fool!!!


23 posted on 02/09/2010 6:50:39 PM PST by dps.inspect
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To: FTJM
And to think McCain was the one who claimed a weakness in economics.

Strength or weakness in Economics is probably not germaine. Being reality based, Economics(real Adam Smith economics) does not support his goals and is therefore irrelevant. As a Leftist Hussein says only what is deemed useful for the moment.

24 posted on 02/09/2010 6:58:00 PM PST by arthurus ("If you don't believe in shooting abortionists, don't shoot an abortionist." -Ann C.)
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To: okie01

What amazes me is people “listen” to him like he knows what he’s saying. I’m ready for some “small business person” to jump up and say “BS, sir!”


25 posted on 02/09/2010 6:58:21 PM PST by ThePatriotsFlag (http://www.thepatriotsflag.com - The Patriot's Flag)
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To: okie01
Unfortunately, he believes he knows everything.

As a Leftist, he believes what he says is true because he says it and there is no further reason necessary.

26 posted on 02/09/2010 6:59:56 PM PST by arthurus ("If you don't believe in shooting abortionists, don't shoot an abortionist." -Ann C.)
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To: dps.inspect

What a bunch of mindless drooling prattle! Who writes this idiotic garbage for him? When my business partner and I started our business, we had to borrow money on three occasions to meet payroll while we developed our cash flow. But you HAVE to pay that back, with INTEREST! Like the old saying goes, you shouldn’t open your mouth and PROVE how stupid you are! (Obama, not you dps.inspect)


27 posted on 02/09/2010 7:01:41 PM PST by TStro
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To: Williams

>>It is the desire to mouth off glibly on every subject, to demand attention and be applauded for pretending you know what you are talking about, without any hard work or study.<<

Everyone knows the Internet is the only place you are supposed to do that!

All joking aside, I agree with you 100%. It pains me to see people who can’t describe the difference between supply and demand and quantity demanded and quantity supplied talking about Economics policy (much less theory).

Or to have people who dabble in philosophy try to lecture me, a 30 year IT profession, about Information Theory.


28 posted on 02/09/2010 7:02:22 PM PST by freedumb2003 (Communism comes to America: 1/20/2009. Keep your powder dry, folks. Sic semper tyrannis)
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To: bvw

“Social promotion” may have been taken to its extreme form at Columbia. There seems to be no public record at all of his attendance there. No one remembers him. None of his names nor his image appear in any school publication(yearbooks etc) of the time of his “enrollment.”


29 posted on 02/09/2010 7:03:33 PM PST by arthurus ("If you don't believe in shooting abortionists, don't shoot an abortionist." -Ann C.)
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To: FTJM
I'd like to see one small business owner come foreword...
30 posted on 02/09/2010 7:18:01 PM PST by Eric in the Ozarks (Impeachment !)
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To: Williams
Your right. It reminds me of when was shopping for a dishwasher. I asked the young man a question, (of which I thought I had the answer), he started talking and dazzeled me with his BS. When he stopped, I just stared at him for a moment, then stated "Your making this up, right?"

He looked dopey and said "Yes". hahahaha. Poor thing, I told him I liked him, but he needed to hone up on his product.

31 posted on 02/09/2010 7:18:20 PM PST by annieokie
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To: FTJM

He also keeps talking about “capital gains tax cuts” for small businesses...for the life of me, I don’t know what that means. Oh, I know what capital gains tax cuts are, I just don’t see how small businesses will be able to take advantage of them...the most “capital” a small business has, is the company itself. Surely, he doesn’t want these small business owners to sell their business, does he?


32 posted on 02/09/2010 7:27:53 PM PST by Lou L
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To: FTJM
A land inhabited with a fairy, children, and a flying boy in a green suit?

Sounds like Obama's cabinet, actually.

33 posted on 02/09/2010 7:32:15 PM PST by Rocky (Obama's policy: A thousand points of lies.)
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To: doc1019

Obama’s Lack of Business Sense

Obama lacks any sense.
/////////////////////////////////////////////////////////////

Right now I am having a difficult time to keep from falling into a state of total despair. The abysmal ignorance of our president is only the national symbol of the corresponding ignorance of a huge percentage of the population. “As above, so below”. It has become shockingly obvious to me that the nation is filled with empty headed people and I now have the feeling that the national vacuum is sucking out every bit of useful knowledge left in my brain. I feel as though I don’t quite know how to express what I am trying to say.

I had stopped watching Jeff Foxworthy’s show, “Are You Smarter Than A Fifth Grader” but I just watched it again last night and I actually saw a young man who claims TWO master’s degrees demonstrate beyond a doubt that he is more ignorant than the average fourth grader of the nineteen fifties. Today I told my wife that I would like to see Obama on the show. I am beginning to believe he is at least as stupid as the guy with the two master’s. Previously I had thought that he might have the equivalent of as high as a tenth grade education rated on the nineteen fifty five scale.


34 posted on 02/09/2010 7:34:11 PM PST by RipSawyer (Trying to reason with a leftist is like trying to catch sunshine in a fish net at midnight.)
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To: RipSawyer

Sad, but believable story.


35 posted on 02/09/2010 7:38:14 PM PST by doc1019 (To call Obama a bumbling idiot would be an insult to bumbling idiots worldwide.)
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To: okie01

“It is the height of ignorance.”
/////////////////////////////////////////////////////////////

Which in his case is said to be about six feet and three inches but his thoughts are even less weighty than his scrawny body. I doubt that he could comprehend the financial workings of a lemonade stand in a newspaper cartoon.


36 posted on 02/09/2010 7:39:17 PM PST by RipSawyer (Trying to reason with a leftist is like trying to catch sunshine in a fish net at midnight.)
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To: FTJM

Are you employed?


37 posted on 02/09/2010 7:55:12 PM PST by Cyber Ninja (His legacy is a stain OnTheDress)
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To: FTJM
Where'd he meet these small business owners? Why, at the Shave Ice stand, of course!

And the burger joint...

And running his very own chicken joint...

And who can forget "insulation is sexy." That qualifies as business experience...

But who can possibly forget his stimulating and insightful lectures in Chicago as a "perfessor"?


38 posted on 02/09/2010 8:00:05 PM PST by ProtectOurFreedom
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To: FTJM
I heard obama's sound byte on Rush. I could not believe what I was hearing. Thought I misheard. There's just no way anyone can take him seriously now.

How could anyone be so s t u p i d ???? Does he truly believe that this is how businesses operate? He can't be serious.

In the real world if obama were to ever start his small business the way he thinks they are run, he wouldn't be able to get a loan. Sad part is, he'd threaten the bank for discrimination and would somehow get the loan. No different than a bank robber.

39 posted on 02/09/2010 8:13:41 PM PST by 1_Rain_Drop
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To: Enchante

I believe that chart was posted on American Thinker.


40 posted on 02/10/2010 7:26:36 AM PST by Senior Chief (Here I am, right where I left myself.)
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