I don't just throw out this governance charge lightly. The Los Angeles Times reports that Obama is no longer receiving daily Oval Office economic briefings. More troubling, he doesn't even appear to have much of an economic team left to advise him. "The economic team lacks a top-caliber economist" and "is noticeably short on big-name players -- potentially hurting his ability to find solutions and sell them to Wall Street, Congress and the American public."
The Times quotes Edward Mills, a financial policy analyst with FBR Capital Markets, as saying, "When you ask about the economic team, it's kind of like, 'What economic team?' They are very thin at a very critical time."
Not to worry. At a time when Obama doesn't even have in place a chairman for his Council of Economic Advisers, he's talking about creating yet another federal department on "Jobs." That's the ticket; he doesn't have real people in real positions, so he just creates new positions. You can't fool all the people all the time, but you hope that you can fool just enough of them to ensure re-election.
Then again, perhaps we should be counting our blessings, because no one Obama would pick, despite that person's Ivy League credentials, would have the faintest clue how jobs are created or the slightest inclination to let the private sector work its magic.
Obama is obviously in way over his head. Don't get me wrong. He knows what he wants and is definitely in charge of big-picture items. He's the one driving the national car into a ditch. But he is not a detail guy. He doesn't want to be bothered with how things get done. "Just plug the damn hole."
Increasingly, people have caught on to the toxic combination of his extreme leftist ideology, his fundamental incompetence, his defiant refusal to accept accountability, and his mean-spirited partisan scapegoating. Gallup shows his approval rating at 39 percent, an all-time low.
So what's he supposed to do now? It's not as if he can just make the country vote for him against its will (Department of Justice voting supervision notwithstanding) as he crammed Obamacare down our throats.
But he can go back to the stump -- hoping to rekindle the messiah myth or the "hope and change" chimera. (SET ITAL) Voila (END ITAL), The Associated Press reports that with his "dismal approval polls," Obama is planning on hitting the road and launching a political counteroffensive this week.
In Honor of His 103rd Birthday, Here Are The 20 Best Quotes From The Late, Great Milton Friedman | John Hawkins