Saving the US Auto Industry

[tw]

Originally Posted by classicman

Don't blame Bush - he is refusing to use the money already earmarked for the financial industry.

Obviously George Jr is not blamed. George Jr and Terri Schiavo are simply benchmarks for the intelligence in GM corporate management and business school graduates.

Don't fool yourself. George Jr is doing nothing. He is not withholding aid. George Jr is demonstrating the same decision making powers of Teri Schiavo. Even with an MBA degree, he is smart enough to know he has zero economics knowledge - even of the economics taught in high school.

John Snow recently made that obvious in a backhanded praise of an economist. Snow said this economist was the only one who ever tried to explain something to the president by using an equation. y=mx+b or something like that. John Snow was a George Jr Sec of the Treasury. Who needs enemies when one has friends?

Numerous Secretary of the Treasury have noted how economically dumb George Jr is. NY Times demonstrates that Rick Wagoner is just as dumb. Rick Wagoner says GM's problems are only due to the economy. He says GM's products and structure are just fine. Denial we have not seen since some fools in the Cellar voted for George Jr.

Rick Wagoner is also an MBA - just like George Jr - which says so much about his intelligence and why Rick Wagoner has done more to destroy America than Saddam Hussein. Read the Michelle Maynard article in the NY Times. Only Ayn Rand's 'anti-free market' corporate bosses were this dumb. It's really hard to believe people that dumb exist and remains so much in denial in a real world. Being as dumb as George Jr; they do exist.

[TheMercenary]

Originally Posted by tw

George Jr.....George Jr......George Jr.....George Jr.....George Jr ....George Jr.....George Jr....George Jr.....Saddam Hussein....George Jr....

Obsess much?

[Undertoad]

Originally Posted by tw

Snow said this economist was the only one who ever tried to explain something to the president by using an equation. y=mx+b or something like that.

The classic Keynesian figuring.

C+I+G+X-M=Y

Consumption + Investment + Government Spending + Exports - Imports = Gross Domestic Product

Keynes figured that if C and I are down you should increase G to smooth out the bad times. It doesn't really fly if you increase G all the time and run deficits though.

[tw]

Originally Posted by Undertoad

C+I+G+X-M=Y

Consumption + Investment + Government Spending + Exports - Imports = Gross Domestic Product.

Equation reportedly presented to George Jr had only four vectors. The joke was that everyone knew to not confuse George Jr with facts and numbers.

George Jr is doing exactly what he does with any crisis. "A second plane has just struck the World Trade Center. America is under attack." So he sat for 15 minutes in a child's chair waiting for someone to tell him what to do. Seven years later, and still some don't get it. Even his own people subtly joke about how dumb George Jr really is. Some voters still don't get it.