oyuki

Wednesday, June 15, 2011

Professor Obama's Economics

Once again President Obama decides to impart his economic wisdom upon the rest of us in the United States. This is how he describes the ‘surprising’ and persistent high unemployment numbers.

"There are some structural issues with our economy where a lot of businesses have learned to become much more efficient with a lot fewer workers. You see it when you go to a bank and you use an ATM, you don't go to a bank teller, or you go to the airport and you're using a kiosk instead of checking in at the gate."

I think he would be better served watching the below video. And also hiring two people to hold his cue cards instead of using two tele-prompters.

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