Someone tell Obama: Business people aren’t stupid!
Posted: February 14, 2011
1:00 am Eastern
After I published my 2005 book, "They Think You’re Stupid," I thought I should have titled it "They Think We Are All Stupid All the Time" because it appeared that pure politicians, especially liberals, didn’t think any of us were capable of seeing through their denial, deceptions and lack of leadership.
Based on President Obama’s latest speeches and comments from other prominent liberals like Howard Dean, the latter title would have been more appropriate. They continue to try to convince the public that their failed policies are working, that they need more time and that more federal spending – plus bigger government – is the answers to our problems.
In a speech to the U.S. Chamber of Commerce last week, the president urged U.S. business leaders to "get in the game" in support of their country by spending more cash. He wants businesses to follow the government’s lead: Namely, ignore the real state of the economy and spend irresponsibly for the good of the country.
That would not be good for the country! The last thing we need is more bankrupt companies on top of the 3 million-plus businesses that filed for bankruptcy in the last two years. That would only add to the already staggering level of unemployment.
The business people in the audience listened respectfully, but they are not about to spend their investors’ cash irresponsibly. They are not about to invest heavily during a stalled economy, and they are not about to hire people they do not need.
Successful business people are not stupid. That’s why they are successful!
President Obama also tried to invoke the challenge of President John F. Kennedy when he called on Americans to "ask what you can do for your country."
This is not a persuasive challenge – telling business people to invest in an anemic economy – because President Obama is no JFK. (Read more)