Based on last Wednesday night’s press conference, it’s clear President Obama has absolutely no concept of how capitalism works.
“Having a public plan out there that also shows that maybe if you take some of the profit motive out, maybe if you are reducing some of the administrative costs, that you can get an even better deal, that’s going to incentivize the private sector to do even better.”
The private sector will be incentivized if you take some of the profit motive out?
2012 cannot arrive soon enough.
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{ 4 comments… read them below or add one }
He just believes that everyone will work really hard and share with those who don’t work. Just because they “should.” He’s “shoulding” all over us.
hahahaha!!
Take the profit motive out??? What a flipping dope. Him and Joe “we-need-to-spend-ourselves-out-of-bankruptcy” Biden are peas in a pod.
And I thought Bush came up with some doozies.
I’m incentivized to not bother going to work today. Obama will take care of me.
Do not under estimate this man, he knows exactly what he is doing and its working. His intention was to “re-form” America because in his eyes, we were broken and corrupt with our freedoms. Share information with everyone you know before our communication mediums are cut. This is not fearmongering-it is fact.