Who is smarter on the economy Obama or Warren Buffet?

"But it was a wise man who said, “All I want to know is where I’m going to die so I’ll never go there.” We don’t want our country to evolve into the banana-republic economy described by Keynes."



"Unchecked carbon emissions will likely cause icebergs to melt. Unchecked greenback emissions will certainly cause the purchasing power of currency to melt. The dollar’s destiny lies with Congress."



http://www.nytimes.com/2009/08/19/opinio…



Even Buffet knows the reckless govenment spending will plummet us into a Marxist Banana Republic, that will make Cuba look like a paradise.



Yes we can and YES we will vote out the Democrats in 2010 and in 2012 and send Junior back to "organizing ghettos" in Chicago where he belongsWho is smarter on the economy Obama or Warren Buffet?
Overall Obama has ZERO economic know how and has stated that publicly. That's why he relies on economists like Summers and Geithner to tell him what they believe is the best course of action. Warren buffet has worked in the investment and financial securities industry for a long time, but he too has his slew of economists to forecast future market trends. Being an economist, I would have to say Warren Buffet is more knowledgeable in regards to the economy, simply because he deals with it directly in his business dealings. Obama does not and has not, which is why he gave so much power to Geithner and the FED to solve our economic woes; a prudent decision.

If anything, the fact that he didn't even know what was in the stimulus package that he had rushed through legislation gives you a very credable idea of how little he knows/cares to know about how the economy works. However, Warren Buffet probably couldn't create a regression analysis if his life depended upon it. So really Buffet is only marginally ahead of Obama in terms of economic proficiency.

Truth is the economy will only lead us to a Banana-Republic state if we continue to spend, do not reduce the money supply, and continue to tax only the wealthy. What happens when the wealthy get sick and tired of being discrminated for there success and take the business to another country that doesn't tax them unequally? Well then we all lose because fewer jobs will be created (no major private investments), the tax base will suffer severley (No wealthy left to tax), and financial wealth will be siphoned off as result to other countries (they take there money with them obviously). So what does this mean for us? Well it means that since the US government does not want to lose their wealthy tax base, and since they know it will cost jobs which will cause the American public to lash at them, they have NO CHOICE but to increase taxes on the middle class. So, no matter how well they dress up their spending proposals, or convince you that you shouldn't worry cause the rich will pay for it, know that YOU the average hardworking American WILL pay for it and your children WILL pay for it and possibly the next generation. Remember supply and demand are relative to incentive; incentive is the basis of capitalism. What incentive do I have when you take more the more I acheive?
Did you read your own link?



"Our immediate problem is to get our country back on its feet and flourishing — “whatever it takes” still makes sense. Once recovery is gained, however, Congress must end the rise in the debt-to-G.D.P. ratio and keep our growth in obligations in line with our growth in resources."



That's what Obama is doing. He plans to raise taxes on the very rich in order to get the debt to GDP ratio back in line.Who is smarter on the economy Obama or Warren Buffet?
Obama is a lawyer. Buffett is a professional investor. Neither are economists.



Neither are smart on the economy. Buffett has gotten things wrong.



Obama is a tough position b/c he's trying to please everyone. It's not going to happen. Try to please everyone = pleasing no one.
On economic matters, one would have to say Buffet. But then again, I do not think Obama is actually trying to get the economy to improve. History shows, Democrats have a much easier time implementing their Socialist policies when economic times are bad.



*Who is smarter on the economy Obama or Warren Buffet?
In the words of Dan Aykroyd,



"Jane you ignorant slut"
@Scott

You B*tch!

Hahaha



Has any of the two had an IQ test to prove it one way or the other?
I'm getting out and voting. These leftists have to be stopped.
When will we elect a scientist or doctor to be President and stop all these morons?
I wouldn't trust either one. They both make money if it is good or bad.