Dick Morris TV; Lunch ALERT! Obama: Economic Luddite

[Wood1024]

Our president thinks that automation and productivity and capital deployment are bad for the economy according to his own words. What micro-economic theory is he applying? My professors would have flunked me for theory like that, but I doubt the president ever took an economics course. We'll never know as he won't release any records concerning his academic record. I think it's plain to see that economic recovery is obviously not a priority or a strongpoint of his administration.

[mugsykeeper1]

Obama's shovel-ready jobs may be missing, but we know what he's really been shoveling...bulls!@#!

[alvoss2011]

Dick, why can't Obama be impeached? or is stupidity still legal? alvoss06@yahoo.com

[snoopdawg1202]

Excellent analysis Mr. Morris! Thanks for all your efforts. Please keep 'em coming. Love the daily videos, bravo!

[jcomd]

Paul Krugman and his mentor Prof. Samuelson, who was a Keynesian economist flies in the face of provable economics promoted by Milton Friedman. All the academics in the Economic Council of this president follows Keynesian theory which was proven faulty by FDR, as admitted by his Treasury Sec, Morganthau. One has to believe this President knows this. The only conclusion is that what he does is deliberate. Only his followers would swallow the crap about automation reducing jobs in an economy.

[modelerr]

@jcomd Excellent point. No doubt Obama knows Keynesian Economics is bogus, however he must

keep up its pretense as it feeds his class warfare strategy. He will continue to publicly condemn Friedman

type tax cuts because they ' benefit the wealthy' (when in reality, they would benefit everyone & send the economy surging forward). His goal is to destroy the economy & make the middle class completely dependent on government handouts, thus perpetually maintaining power for his socialist agenda.

[44fastgun]

I wish an ATM would steal the US president job

[trentk268]

Obama is a dangerous charlatan. Gotta vote him out in '12!

[bishophowardbass]

'Economic neanderthal'... Now that's the line of the campaign season! Would love to see the GOP adopt that line and put it in a campaign ad. Great job Dick. Keep 'em coming!

[phadolphianfan]

Exactly right on the automation. I am a man that has done both white collar and blue collar work. When automation is set in place, it allows me to be more productive. Potentially, this could allow me to have more wages if I position myself as a trained person. Of equal importance is that automation leads to lower priced and usually higher quality products. So, even without a raise, our purchasing power is greater. Finally, automation tends to create more physically less grueling jobs.

[Guppypants]

All the people who earn their living by selling firewood, almost completely lost their jobs to the technological advances of natural gas and electrical heat. Then, the Obama administration saved their jobs, by implementing cap and trade. From now on, expect more air pollution, and deforestation than ever before. People will stay warm, no matter what. There is no way the feds can prevent people from cutting down trees. Thanks for saving the environment, and all those important jobs, Obama.

[debjoea]

Obama is creating jobs - only not for Americans! He's hired civilians from other countries to do jobs in four war zones overseas. They earn $150,000 plus and it's all tax free!

[gemsdomain]

Obama shovels jobs out the window. And to be true to Obama's words let's eliminate air force one because it's too innovative. Let Obama travel in a horse drawn carriage and his spoiled wife can walk to her expensive vacations. ATM machines were around log before this goof ball president. Hope an change isn't so hopeful is it Osama Obama?

[mja2035]

Good info Dick, you look so relaxed, good for you.

[shainelee]

I was listening to a podcast where one of the guests suggested that part of the problem was that we had a housing bubble; but, nobody took that a step further and figured that it also created an employment bubble for that sector. This includes banks, builders, manufacturers of building materials, and other products for the home. This huge artificial market will take a while to adjust to new jobs. A lot of people are having to learn new ways to survive. Just a theory.

[was4dem]

If you criticize obummer you're called a racist, usually by idiots who have the same IQ as obummer. He should go back selling used cars. BTW, wasn't he a teacher sub in college? No one knows what he did in college, but we can pretty much figure that one out. Is this the transparency he talked about?

Bush was a genius compare to him.

The slogan for 2012?

"Fool us once, shame on Dem. Fool us twice, shame on U.S."

[stockcar44]

Obama is an "Economic Neanderthal" Got to love it.

[Sahmgirl]

And the MSM calls him the "smartest" President. "ATMs cause recession in all 57 states!" Yeah...real genius.

[iamgabrielf]

"O, my goodness, we have elected an economic neanderthal to the white house."

[BurkeDevlin66]

800 billion down the drain, hand me a shovel someone

[groweg]

It will be such a joy to be able to listen to Dick over the course of this upcoming campaign season. He is absolutely right on about Obama. I think that Obama's screwballl ideas about economics mirror his general gross immaturity.

[maximiliankolbe1]

Dick,

Nobody is that stupid! You're falling for his cover story. He's doing it on purpose.

[aca319ca]

he sounds more like a high school basketball coach everyday(boma)

[Dukeoftruth]

I can vouch for how so-called "stimulus" spending has failed in Japan. Ive been here since 1992 and it has not helped the economy one iota. they have been spent trillions trying to revive the economy during that time.

all it did was drive the country very deep into a debt and only helped the cronies of the politicians who received the stimulus money such as the construction firms.

[Gvieto]

Obama is living in Fantasyland with his ATM commentary.

[lenrogers1]

Thank you, Dick, for your insightful comments! So much goes by each day that it's easy to miss the salient points you make. You're always "on point"!

[pmays4]

Obama in January 2008:

"So, if somebody wants to build a coal plant, they can — it’s just that it will bankrupt them, because they are going to be charged a huge sum for all that greenhouse gas that’s being emitted."

[lesechang]

Little Dick is looking more and more like William Shatner every day.

He is spot-on, however, regarding Ob*ma and economics.

[taylorpeanuts123]

I am an Iraq and I lost my job four months ago. I was a four year union member with nashville mta public transit. since then i have had to live on foodstamps and Veterans Disability.. I lost my job because a drunk fell asleep on the bus and rode back to the garage. My economy isn't doing so well

[mesaresi]

Our President came in office as a junior Senator and now became a third grader. No wonder the economy is in the dump. He has no clue.

[freetube2u]

24 hr ATM, self-check outs at grocery stores, self-served gas stations and a good primary doctor are conveniences that Obama thinks Americans do not deserve. The American taxpayers are being fooled.... Obama thinks that he will get re-elected again cause people like to be controlled.

[pombroll]

Dick has the advantage that he understands both the Democrats and the Republicans, as he was the master behind Clinton's comeback. O'Reilly has a large audience. He is always on the fence of any issue to avoid offending Dems or Reps. Dick plays an important role as a Fox News Contributor by keeping O'Reilly at base, with his no-nonsense approach to O'Reilly's wishy-washy treatment of the issues at hand. O'Reilly is always lobbying for the next interview with BHO and he loses credibility & respec

[PBELLC]

Obama's goal is to expand his power, even if that means hobbling the U.S..

Not too complicated really. He is Yertle The Turtle, except Dr. Seuss's Yertle has a happy ending.

[xringer43]

Those evil railroad people put all those poor wagon masters and manufactures out of business? The "shovel ready" phrase was a bad joke from the start given the speed the 'stimulus' package was assembled. It was basically a clean out the closet of old spending bills that did not stand a prayed of getting through congress, that is, until the dems gained a major hold on both houses. This president couldn't run a lemonade stand, and to be fair, neither could the majority of members of congress.

[je7591]

How many jobs are being held up in SC by this Adm.,12,000 or so. These are not Mcdonald or bank teller jobs either. By the way next time you are with O'Rilley please explain how the government gets more taxes when it has a lower capital gains tax. People will sell more stocks etc., buy more and make more money to pay more taxes. A tax this high will stop trades.

[nourbutwatmi]

Comparing the misspelling of potato with someone who doesn't understand basic economics is comparing apples to oranges. Obama has no clue what's going on around him and the country is suffering because of it. We would be far better off if he did nothing at but the socialists on the left along with the unions aren't going to let that happen. Their mission is to distroy this country as we know it and to enlarge the government and it's programs in an effort to control the masses...sad but true.

[bmwanlass]

I agree, automation helps us, it does not hurt us! Banks and airlines increased efficiency by adding ATMs and keosks --- these are basic services that should not require additional employees to handle. If not for the airport keosks, which are still maned by employees, people would have to be at the airport three hours early just to check bags and go through security.

[princeoin01]

Dick, not to split hairs however when you said and I paraphrase, "only recently with the Obama Administration and the last year of Bush..', it is very important, very important to emphasize that during the last two years of the Bush Administration, Congress was controlled by the Democrats!! I know that you know this however whenever the economy is discussed this fact is often overlooked so in reality the last four and a half years belong to the Democrats.

You do GREAT work!

Ernie Swible

[TheRobman99]

Tell the President that the ATM machines have to be manufactured, sold and maintained. That translates into many jobs. I enjoy your comments at lunch.

[PBELLC]

Since it was known by the CBO that no more than 6% of the $800 billion was "shovel-ready," Obama laughing about it with big business insiders is really just arrogance over it working as planned.

It's like, "oh, yeah, I was totally surprised about that shovel ready thing. Wasn't everybody? Ha-ha." Not a surprise, more like laughing over people ever believing that shovel-ready nonsense.

[BartBuzz]

Dick...given Obama's incompetence how can he get re-elected? You need to do a video that explains when people don't have stake in the country i.e. pay taxes, they will always vote for a handout and redistribution of wealth. How do you turn that around?

[emattson0711]

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[emattson0711]

I don't know how you keep from going totally NUTS dealing with this Obama crap 24/7. I have to deal with it 12 hours a day and ready to get really radical. You bring a lot into focus more clearly. My hat is off to you.

[dbl501]

Face the truth Obama is a smart and anybody that thinks he is just making mistakes or doesn't know what he is doing better open their eyes. He knows and is doing all this on purpose. It fits his world view of the United Stated.

Obama wants us a 3rd world country.

[scarecrowbike]

This format is so much better than watching Dick on the Leprachaun's TV show, where he has to work to get a word in edge-wise against the know-it-all host. Cheers Dick...

[henrynevins]

@scarecrowbike Agreed, I now avoid the Leprachaun. Someone like Greta always has great guests who's opinions matter, but the Leprachaun sits as the king, won't let guests speak, condescends with last names only plus opinions of Miller, Goldmen, and Doocy - who cares? O'Reilly isn't worthy to shine Dick Morris's shoes. Whoever the GOP candidate gets elected in Nov 2012, Dick Morris should be appointed sole presidential advisor. Dick thx for the videos your brilliance cuts through everyone's BS.

[anr009]

The Obama comment about shovel ready projects not being ready shows his incompetence..  Who spends money, in this case, almost one trillion, without knowing in advance what he is buying?

[pluto124]

Obama never said that the loss of these teller jobs was a bad thing. He was just making the point that those jobs are gone and we have to look to jobs of the future. He was just pushing some program, which is proabably a waste of time. But let's not misquote the guy. He enver said ATMs are bad. That's just silly.

[Quioso]

Dick:

You are totally wrong...

He is following his agenda and of course all sheep follow their Master.

HI IS IN CAMPAIGN MODE!!!

[ArcticMarshmallow]

I wouldn't be surprised to see the UAW whisper in Obama's ear that the assembly lines should be scrapped.

[eAnytime]

Thank you for your comments - eAnytime is a leading manufacturer of Made-In-USA self-service kiosks and developer of application software. Before speaking one should endeavor to understand the subject!

[Teapartyla]

Good video Mr. Morris.

[BamaKattt]

Good analysis dude, this is the best set of videos you've done, lunchtime with dick morris!

[FranklinTabernacle]

This is a great format for Dick Morris. I look forward to these lunch updates. When he is a guest on guys like Hannity they love to hear themselves talk and never give experts like Dick actually develop a thought. Guess what Hannity? I'm watching your show for Dick Morris and now that he is doing lunch alerts I'm not even watching your show anymore. Thanks for the lunch alerts!!!!

[hennypenny247]

Obama also believes in a command economy and his own omnipotence. He doesn't get why business aren't hiring. (Probably thinks they're doing it maliciously to punish him because they're evil Republicans.) He thinks he can force them to hire a million workers by calling them in for a conference and bullying them, like he thought he could get Israel to give in to the terrorists by making a proclamation in advance of Netanyahu's arrival.

[hennypenny247]

I don't think Obama believed what he was saying. He loves technology and believes in the miracle of "green" technology making us rich and creating jobs. He just reached carelessly for an excuse to deflect blame. His narcissism reigns supreme. Remember the healthcare debate, he said doctors were making $40,000 for amputating diabetics' feet and pediatricians were getting rich ripping out kids' tonsils. In both cases, he didn't do his research.

[BillionYears]

The President knows exactly what he's doing. He is NOT stupid. The economy is going exactly as he wants it to. He figures the more people he gets on the gov. handouts, the more votes he and his party gets at elections. But what he has failed to recognize is that the vast majority of Americans want to work and support themselves without government interference or handouts. Ultimately, he and his party will fail, be it this election or another.

Love these videos Mr. Morris, and TV appearances

[billj3cub]

This is the first time I have seen you stunned almost into speechlessness trying to review a President that is beyond clueless. Congress should ban the government use of teleprompters so we can continue to see what our elected official is really like and be ashamed.

Keep telling it like it is Mr. Morris. You are doing yeoman's work and are doing it well.

[annikafish11]

Dick, you're absolutely right.

Obama's ATM comment is scary ignorant. It's dangerous.

We have to get this guy out of office at all costs.

[ABGAN100]

2 million fewer jobs sense the stimulus!

[dancingrizz]

Obama bailed out off-shore banks.

[computerpurple]

Hello Mr.Morris , i really enjoyed watching your video's. Had a good laugh at your remark "If that's what he (Obama) really believes than he must be in the 3rd grade". HA , HA , HA. Love that line. ASS for Obama's chuckle comment about "shovel ready jobs" well he can shove the shovel where the sun don't shine.