The man plainly does not understand basic economics . This is what happens when the administration is made of entirely of policy wonks , academics and life-long public employees .

 

Jennifer Rubin  

 “President Obama seems unaware that we need the private sector to generate wealth (you know, make things, sell things, etc.) or that we face in the near future a fiscal crisis when we can no longer off-load our debt. Where does he think the money to pay for an ever-expanding public employee workforce comes from? (“The fair if depressing takeaway from Mr. Obama’s press conference is that he continues to believe, despite three and a half years of failure, that more government spending is the key to faster growth and that government really doesn’t need to reform. This is how you get a jobless rate above 8% for 40 months and the weakest economic recovery in 60 years.”) “