OK, I've Seen Enough

I spent a little time reading the reactions to the president's speech on health care reform and a bit more about Van Jones and I've finally come to the conclusion that this is all just a gigantic waste of time. Obama is an economic illiterate. You'd be better off asking a pack of 6th graders to come up with plans for a nuclear power plant than listening to Obama discuss anything having to do with economics.

The evidence is all over the place. Profits are overhead. If we do without them, we can save money. Increasing the demand for a product while leaving supply unchanged will bring prices down. The biggest one of all is Van Jones.

Van Jones was a communist. Obama appointed him his green jobs czar. The very last thing a communist knows is anything at all about creating jobs. If the communists understood how to create jobs, the Soviet Union would still be around. Under no circumstances would anyone who knew anything at all about economics nominate a commie to a job creation post. You'd get better results nominating a marmot.

Your new green jobs czar and a big improvement over the last one.
Listening to Obama talk about economics and trying to interpret the meaning of his words is a total waste of time. It sounds like gibberish because it is gibberish. There's no point in trying to figure out his economic policies because they're coming from someone who doesn't know the first thing about the subject, which is exactly what you'd expect given his resume.

Unlike that airheaded Caribou Barbie, Sarah Palin, if Obama ran a business it would be bankrupt by now. And we're listening to him? I don't think so. Not any more.

Update: Over at the Atlantic, Arnold Kling illustrates this point exactly in his analysis of Obama's vapid speech on health care. Once you accept the premise that Obama is economically illiterate, everything falls into place.