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Breakfast Scramble: Obama’s Economics

DavidL's Breakfast Scramble
Dumbo does not do economics, more evidence that Barack Obama lacks any understanding of economics, from Fox News [1]:


The Obama administration promised the Recovery Act (“the stimulus”) would prevent the jobless rate from going over 8%. It now stands at 9.1%

Video at the link.

More Darren Samuelson, Politico [2]:



Neither does Obama understand that electric cars not so green, from Ben Webster, Australian [3]:


Hat tip: Ed Morrissey, Hot Air [4]

I don’t see the metal chemical battery has an efficient means of storing energy.  Remember the chief virtue of battery mobile is not that it eliminates pollution, but rather it transfer it from the automobile to the power plant..

Mitt Romney  takes dead aim at Obama, video:

Hat tip video: Jim Geraghty, National  Review [5].