Post-Election America, Is this really Change We Can Believe In?

If I could unilaterally make a single change to the constitution, it would be that the president of the United States must have held a real job in the private sector for at least seven years. University professor doesn't count, community organizer doesn't count, life time politician definitely doesn't count. If this were that case, we would never again have a president who knows so little about business, economics, and how the real world works. If the president held a real, private sector job for at least seven years, he or she would understand how value is created, how revenues are driven, and what motivates regular people. A president, born of the business world would not view simply businesses as an endless source of funds that magically appear in the federal coffers. He or she would understand that companies hire employees because they have a specific need and the value of that employee's work is greater than the value of the salary and benefits they earn. I think if Barack Obama had ever held a real job, he wouldn't be making some of the uninformed, capricious, and contradictory moves he is making today. He might understand that the bane of capital markets is uncertainty and that student body left, student body right, and retroactive changes to the rules of the game are a recipe for financial disaster. He clearly has no idea. His performance the past month has demonstrated why the starting pitcher in the little league world series doesn't make his next start as the opening day pitcher for the New York Yankees.

So here we go, Obama, the person who can be all things to all people, is going to spend massively to fulfil the leftist dreams of every democratic lawmaker through the largest government money grab ever and at the same time is committing to cut the federal deficit in half. Which deficit is he going to cut, the deficit before or after he doubled it? If you believe Obama will be true to his word, then I think after he spends a trillion dollars, while cutting the deficit in half, that bats are going to fly out of his butt singing "Everything is Coming Up Roses".

The real problem we have is that Obama has no clue what he is doing. He is making this up as he goes along. In his heart of hearts he wants not only fairness of opportunity but "fairness" of outcomes. So given that he has never held a real job, he has no clue how the business world works or what it does, and that at his core he wants to take from those who have and give to those who have not....this is what we get...collapsing financial markets, capital fearfully sitting in the sidelines, and a little league caliber pitcher trying to strike out Vladimir Guerrero.