Win The Future?
Our genius President tells businesses not to worry about inflation, or the situation in Libya.
From Robert Schroeder at Market Watch:
WASHINGTON (MarketWatch) -- U.S. companies shouldn't worry about inflation if they're planning on expanding their business, President Barack Obama said Thursday. "We're not seeing a broad-based inflation trend," Obama said at the first meeting of his Council on Jobs and Competitiveness. At the same meeting, Treasury Secretary Timothy Geithner said substantial world oil reserves should help with any disruptions to oil supplies, amid worry over turmoil in oil-exporter Libya. Obama said he thinks "we'll be able to ride out the Libya situation" and that it will stabilize.
Libya is bad, and oil is prices are about to go through the roof, but thanks to Obama's overall policies, food prices are rising incredibly high as well. It's a one-two punch that will only cripple the American economy more. Instead of leading, we have Obama doing his best Alfred E. Newman "what, me worry?" impression.
I bet Jimmy Carter wakes up every day and thanks God for Barack Obama! Thanks to Barry, Jimmy C is no longer our worst President in history.
A spokesman for the Obama regime reacts to the upcoming disaster: