Dick Morris TV; Lunch ALERT! Obama: Economic Luddite

Dick Morris attacks Obama for saying that ATM machines and airline ticket kiosks cause unemployment and ponders the primitiveness of Obama's economic thinking.

Category:

News & Politics

Tags:

• Dick
• Morris
• TV
• Obama
• Economics
• unemployment

[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!@#!

[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.

[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.

[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.