Because he’s done such an incredible job demonstrating his grasp of basic economics , he should be lecturing us poor schlubs who actually CREATE jobs .

  Bottom up economics ? What exactly is the meaning of that phrase ?

  Question : When was the last time you were hired by a poor person ?

” President Obama has a provoking penchant for using seemingly simple, yet reassuringly
intelligent-sounding, business and economic terms in a wildly misleading manner (regular
readers know I’m convinced that somewhere a fairy dies every time the word “investment” escapes his lips). In this latest instance of
beguiling economic messaging at a campaign rally in Florida on Friday, President Obama touted the need for more “bottom-up”economics :

   He told his audience Republicans,
including presumptive presidential
nominee Mitt Romney, “believe that we should go back to the top-down economics of the last decade.” “